CT judge upholds penalties against East Hartford mortgage firm
A Connecticut judge ruled the state Department of Banking did not overstep its authority in sanctions on East Hartford mortgage firm 1st Alliance.
Source: middletownpress.com
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Court reviews LO licensing decision from state banking department
A Connecticut Superior Court Judge has reviewed a long-running legal dispute that could define the role loan officers in direct mortgage operations play in originations.
Source: nationalmortgagenews.com
One-time CT mortgage lender loses case at state Supreme Court; promises to keep fighting 'regulatory creep'
John DiIorio’s 1st Alliance Lending was booming three years ago after being financed by $1.5 million in state business development money. But that ended precipitously in 2019 – and the state lost its investment – when state bank regulators said his business plan, the basis of the development money, violated lending laws.
Source: courant.com
State Supreme Court rules against defunct mortgage lender over license suspension
After state Supreme Court rules in favor of the Department of Banking, a former mortgage...
Source: middletownpress.com
Dan Haar: A 4-year-old CT Banking Department battle melts down
To understand the depth of animosity in what could well be the state’s most entrenched...
Source: theridgefieldpress.com