The Department of Banking News Bulletin 

Bulletin # 2805 - Week Ending November 24, 2017

This bulletin constitutes the only official notification you will receive from this office concerning any of the following applications.  Any observations you may have are solicited.  Any comments should be in writing to Jorge L. Perez, Banking Commissioner, Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800.  Written comments will be considered only if they are received within ten days from the date of this bulletin.


Notice of Intent to Issue Order to Cease and Desist and Notice of Intent to Impose Civil Penalty

On November 13, 2017, the Commissioner issued a Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing (“Notice”) in the Matter of:  Medford Mortgage LLC (NMLS # 1186438) (“Respondent”), Medford, New Jersey. The Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges that Respondent failed to timely file certain annual information required on the Nationwide Multistate Licensing System and Registry, in violation of Section 36a-534b(c) of the Connecticut General Statutes, as amended by Public Act 17-38. Respondent was afforded an opportunity to request a hearing on the allegation set forth in the Notice.

Dated: Tuesday, November 28, 2017

Jorge L. Perez
Banking Commissioner