
The below descriptions and definitions provide both a guide to alleged violations addressed through the issuance of orders and a tool to help the user sort the data. An open records request must be submitted for the specific contents of an order.
Enforcement Action | Description |
---|---|
Advertising Violation | (No description) |
Consumer Restitution Required |
May represent several violations or a primary violation. |
Criminal Conviction or Indictment |
Order of revocation or suspension based on criminal conviction or indictment involving fraud, theft, or dishonesty. |
Exam Deficiency | Examination rating resulting in Administrative Order to take action, pay consumer restitution and assessment of administrative penalty. |
Exam Failure | Examination rating resulting in Cease and Desist Order to take action, pay consumer restitution and assessment of administrative penalty. |
Exam Inadequacy | Examination rating resulting in Administrative Order to take action. |
Failure to Comply with terms of Order/ Agreed Order |
(No description) |
Failure to Cooperate or Respond |
Failure to cooperate with or respond to an investigation or examination. |
Failure to Respond | Failure to respond to an examination report. |
Fraud | (No description) |
Inadequate Disclosures | Required state or federal consumer disclosures do not meet minimum requirements. |
License Denial Appeal | Appeal of a license application denial. |
License Renewal Denial Appeal |
Appeal of a license renewal application denial. |
Misleading Practices | All issues dealing with misinformation, sometimes including issues of potential fraud. |
Negligent Supervision/ Failure to Supervise |
Applies to a sponsoring mortgage broker whose loan officer and/or employee has violated or disregarded any of the provisions of the MBLAct or the Department’s Rules because the mortgage broker failed to supervise or negligently supervised. |
Recovery Fund Payout | Order of Revocation issued based on Recovery Fund claim paid against broker. |
Unlicensed Activity | Engaging in unlicensed activity or affiliating with an unlicensed individual. |
Violation of State and/or Federal Law |
(No description) |