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DIVISION of BANKING ADVERSE ACTIONS 1999 to 2008

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DIVISION of BANKING ADVERSE ACTIONS 1999 to 2008 DIVISION OF BANKING ADVERSE ACTIONS 1999 to 2008 Division of Banking Adverse Actions are listed chronologically in the attached list. If you are looking for a specific licensee or entity you may press "Control" and the letter "f9 on your keyboard at the same time and that will prompt a screen to search the list. Due to mandates imposed upon the Department under R.I. Gen. Laws §§ 19-4-3, 19-14-23, and 38-2-1 et seq. the actual documents are not accessible on this website. You may request a copy of the actual document by filing a "Request To Inspect And/Or Copy Public Records of The Department of Business Regulation" (Central Management Regulation 1 page 4) which is available on the Department's website at the following link: http://www.dbr.ri.gov/documents/rules/central management/Central Management Regulation.pdf 2008 Order Name Type of Action Date Number South Bay Funding Corp. Consent Agreement 1/3/08 08-01 Coast to Coast Mortgage and Emergency Order - 1/15/08 08-007 Funding LLC License Suspension Order - License Royal Capital Funding, LLC 1/18/08 08-012 Suspension Order – License United Equity, LLC Suspension 1/18/08 08-013 Order - License Agency Mortgage Corp. 02/08/08 08-022 Suspension Opteum Financial Services, Order- License 02/11/08 08-25 LLC Revocation First NLC Financial Services, Order- License 02/11/08 08-26 LLC Revocation Order- License Mortgage M.D., LLC 02/11/08 08-27 Revocation Coast to Coast Mortgage and Order- License 02/14/08 08-37 Funding, LLC Revocation Emergency Order - Multi State Mortgage, Inc. 02/22/08 08-41 License Suspension Order- License Prime Mortgage Financial, Inc. 02/25/08 08-42 Revocation Order- License Montgomery Mortgage Capital 02/27/08 08-48 Revocation Order- License Southern Star Mortgage Corp. 02/27/08 08-49 Revocation Order- License Mortgage Impression, Inc. 02/27/08 08-50 Revocation Challenge Financial Investors Order- License 02/27/08 08-51 Corp. dba CFIC Home Mortgage Revocation Order Name Type of Action Date Number Emergency Order The Rhode Island Mortgage Suspending 03/11/08 08-64 Store, Inc. License Order- License Limerock Financial, Inc. 03/24/08 08-69 Revocation Order- License Capital Financial Services, Inc. 03/24/08 08-73 Revocation Order- License Multi State Mortgage, Inc. 03/26/08 08-74 Revocation Order- License Old American Mortgage, Inc. 03/26/08 08-75 Revocation Order- License Brookside Mortgage Corp. 03/26/08 08-76 Revocation Regional Mortgage Programs, Order- License 04/09/08 08-86 Inc. Revocation East West Mortgage Company, Order- License 04/10/08 08-085 Inc. Revocation Order- License Veridian Financial, Inc. 04/21/08 08-087 Revocation Summit Mortgage, LLC dba Order- License 05/15/08 08-095 SMT Mortgage, LLC Revocation Sage Credit Union, Inc. dba Order- License 05/15/08 08-096 Safe Credit Revocation Uprising Mortgage Trust Corp. Order- License 05/15/08 08-097 dba UMT Corp. Revocation Order- License Mortgage Results Corp. 05/15/08 09-098 Revocation Order- License Lifetime Home Loans, Inc. 05/15/08 08-099 Revocation Secure Mortgage Corp. dba Order- License 05/15/08 08-100 SMC Lending Revocation Order- License Dollar Mortgage Corp. Revocation 05/15/08 08-102 Order- License Patriot Financial USA, Inc. 05/15/08 08-103 Revocation Loans For Residential Homes Order- License Mortgage Corp. dba Loans For 05/15/08 08-104 Revocation Homes Mortgage Lenders Network Consent Order - USA, Inc. dba Lenders 05/23/08 08-109 License Surrender Network, Inc. Order-License Prime Drug, Inc. 6/23/08 08-116 Revocation Order Name Type of Action Date Number Order-License Lighthouse Credit Foundation, Revocation of Debt 07/30/08 08-128 Inc. Management License Statewide Mortgage Company, Order- License 08/06/08 08-131 Inc. dba SWMC, Inc. Revocation EHOMECREDIT Corp. dba Order- License 08/06/08 08-132 FHB Funding Revocation Consumer Financial Services of Order- License 08/06/08 08-133 Massachusetts d/b/a CFS Mortgages Revocation Order- License Global Mortgage, Inc. 09/11/08 08-140 Revocation Order- License Mortgage Horizons, LLC Revocation 09/11/08 08-141 Order- License Key Leads Global, Inc. 09/11/08 08-142 Revocation Streamline Holding, LLC dba Streamline Mortgage and Order- License 09/15/08 08-144 Financial Services of Rhode Revocation Island Order – License Sakonnet Mortgage Group, Inc. 10/1/08 08-151 Revocation Pacific Wholesale Mortgage, Order- License 10/7/08 08-156 Inc. Revocation Premier Residential Mortgage, Order- License 10/7/08 08-157 Inc. Revocation Allied Capital Mortgage Order- License Company dba Acme Home 10/7/08 08-158 Revocation Loans New Direction Mortgage Order- License 10/7/08 08-159 Company Revocation Great New England Mortgage Order- License 10/7/08 08-160 Company, Inc. Revocation Cross Country Lenders dba Order- License 10/8/08 08-162 Cross Country Mortgage Revocation Freedom Mortgage Solutions, Order- License 10/8/08 08-163 LLC Revocation AFA Financial Mortgage Order- License Services, Inc. dba AFA 10/22/08 08-166 Revocation Mortgage Services Order- License Reliable Mortgage, Inc. 10/22/08 08-167 Revocation Order Name Type of Action Date Number Terwin Advisors, LLC dba Order- License 10/22/08 08-168 Streamline Direct Mortgage Revocation Order- License Narragansett Bay Funding Corp. 10/22/08 08-169 Revocation Order- License TLP Funding Corporation 10/24/08 08-170 Revocation Order- License Ascella Mortgage 10/24/08 08-171 Revocation Order- License First Home Capital Corporation 10/28/08 08-172 Revocation Order- License Quik Fund, Inc. 10/28/08 08-173 Revocation Hometown Mortgage Co., Inc. Order- License 10/28/08 08-174 dba HT Mortgage Revocation Order- License Colonial Mortgage Group, Inc. 11/10/08 08-176 Revocation Order- License Federal Mortgage Savings, Inc. 11/10/08 08-177 Revocation American Mortgage Bankers Order- License 11/13/08 08-179 Corp. Revocation Order- License Mid Atlantic Capital, LLC Revocation 11/13/08 08-180 Order- License International Lending, LLC 11/13/08 08-181 Revocation Order- License Ascella Mortgage 11/14/08 08-182 Revocation Franklin Mutual Mortgage Order- License 11/26/08 08-215 Corporation Revocation Equity One Financial Corp. dba Order- License 11/26/08 08-216 Equity First Financial Corp. Revocation Order- License Investment Mortgage Corp. 11/26/08 08-217 Revocation Above & Beyond Financial Order- License 11/28/08 08-218 Services, Inc. Revocation Fairfield Financial Mortgage Order- License 11/28/08 08-219 Group, Inc. Revocation Order- License Money House Mortgage, Inc. 11/28/08 08-221 Revocation Order- License Carteret Mortgage Corporation 11/28/08 08-222 Revocation Order- License Mortgage Mart, LLC Revocation 11/28/08 08-223 Mortgage Town USA dba New Order- License 11/28/08 08-224 England Funding Revocation Order Name Type of Action Date Number Powerline Mortgage & Loan, Order- License 11/28/08 08-225 Inc. Revocation Advanced Mortgage Network, Order- License 11/28/08 08-226 Inc. Revocation Bayside Home Mortgage Order- License 12/11/08 08-234 Corporation Revocation Kerry A. Sumner dba Order- License 12/11/08 08-235 Nationwide Mortgage Revocation Order- License Optima Mortgage Corporation 12/31/08 08-238 Revocation Order- License Amber Mortgage Corporation 12/31/08 08-239 Revocation Northern Mortgage Services, Order- License 12/31/08 08-240 LLC dba NMS Mortgage Revocation Vincar Services, Ltd. dba Order- License 12/31/08 08-241 North pro Services Revocation Liberty Mortgage Company Consent Agreement 01/10/08 08-08 Carteret Mortgage Corporation Consent Agreement 01/10/08 08-09 Letter of Mortgage Partners, Inc. 06/05/08 08-16 Admonishment 6:10 Services dba Debt Free Consent Agreement 07/01/08 08-21 America 2007 Order Name Type of Action Date Number Mortgage Lenders Network dba Order - License January 19, 2007 07-006 Lenders Network, Inc. Suspension The Compass Mortgage Group, Order - License January 22, 2007 07-020 Inc. Revocation Homestead Mortgage Corp. dba Order - License January 22, 2007 07-021 Approval Mortgage Co. Revocation Guaranty National Mortgage Order - License January 23, 2007 07-023 Corp. Revocation Order – License Aspen Mortgage Services, Inc. Revocation February 23, 2007 07-049 Bay Capital Corp. dba Cap Order- License February 23, 2007 07-050 Mortgage Corp. Revocation Central Pacific Mortgage dba Emergency Order - March 1, 2007 07-057 New England Pacific Mortgage Suspension Order Name Type of Action Date Number New Century Mortgage Corp. Order - Emergency and its Affiliates: New Century March 14, 2007 07-082 Suspension Credit Corp.: Home 123 Corporation Harbourton Mortgage Order - License April 4, 2007 07-099 Investment Corp. Revocation Order- License People's Choice May 8, 2007 07-0123 Revocation Order - License Ownit Mortgage Solutions, Inc. May 10, 2007 07-127 Revocation Arlington Capital Mortgage Order - License Mortgage Corp. Windsor May 30, 2007 07-150 Revocation Financial Mortgage Order - License Clearlight Mortgage Corp. June1, 2007 07-156 Revocation Central Pacific Mortgage Order - License May 9, 2007 Company dba New England 07-132 Revocation Pacific Mortgage Company Order - License Southstar Funding LLC May 18, 2007 07-137 Revocation Order - License Quick Solution Mortgage May 23, 2007 07-143 Revocation Order - License Clearlight Mortgage Co. June 1, 2007 07-156 Revocation Order - License Corestar Financial Group, LLC June 1, 2007 07-157 Revocation Act Lending Corp. dba Act Order - License June 4, 2007 07-159 Mortgage Capital Revocation Order - License AFI Financial Inc. June 4, 2007 07-160 Revocation Nationstar Mortgage, LLC dba Order - License June 4, 2007 07-161 Champion Mortgage Company Revocation Order - License Cross Checking Inc.
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