On September 21, 2011, the Commissioner entered into a Consent Order with On Deck Mortgage Services LLC (“On Deck Mortgage”), Trumbull, Connecticut.  The Consent Order was based on an examination by the Consumer Credit Division.  As a result of such examination, the Commissioner alleged that On Deck Mortgage employed or retained, during the period of May 14, 2009 through November 8, 2010, two (2) individuals as mortgage loan originators who were not licensed, in violation of Section 36a-486(b) of the Connecticut General Statutes.  As part of the Consent Order, On Deck Mortgage was ordered to pay $2,000 as a civil penalty.

On September 9, 2011, the Commissioner issued an Order to Cease and Desist, Order of Repayment of Fees and Order Imposing Civil Penalty (“Order”) In the Matter of:  The Lloyd Ward Group, PC d/b/a Lloyd Ward Group II a/k/a The Lloyd Ward Group PC2 (“Respondent”), Dallas, Texas.  The basis of the Order was that Respondent engaged in debt negotiation in this state without obtaining the required license, in violation of Section 36a-671(b) of the Connecticut General Statutes, and collected fees under terms which did not comply with Section 36a-671b(b) of the Connecticut General Statutes and the Schedule of Maximum Fees established by the Commissioner.  Respondent was ordered to cease and desist from violating Sections 36a-671(b) and 36a-671b(b) of the Connecticut General Statutes, to pay a civil penalty in the amount of $500,000, and to repay fees in the amount of $2,668.74 to an identified Connecticut resident.