Regulatory Alerts2021-08-20
Added · Updated
Order of Summary Suspension and Notice of Intent to Revoke Mortgage Loan Originator License for Cristobal Lara Garcia
The Banking Commissioner of Connecticut summarily suspends the mortgage loan originator license of Cristobal Lara Garcia (NMLS # 1049418) pending revocation proceedings. The suspension and intent to revoke are based on Garcia’s failure to disclose a 2009 FINRA decision barring him from the securities industry and his license revocations in Idaho and Massachusetts. Garcia has fourteen days to request a hearing, which is scheduled for September 17, 2021, or face automatic license revocation.
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