Regulatory Alerts2023-10-17
Added · Updated
Pennsylvania Department of Banking and Securities Suspension Order Against MyPrimeHomeLoan.com, LLC
The Pennsylvania Department of Banking and Securities suspended the mortgage broker license of MyPrimeHomeLoan.com, LLC and imposed a $10,000 fine for failing to maintain and provide a required surety bond. The order mandates that the company must provide proof of a $50,000 bond and pay the fine to have its license reinstated. The document also outlines the company's right to appeal the decision by filing a written answer within 30 days to avoid a final order being entered without a hearing.
Topics
Share