Bulletin # 3113 - Week Ending October 20, 2023

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 business days from the date of this bulletin.

OTHER FINANCIAL INSTITUTION ACTIVITY 

Foreign Bank Representative Office

On October 18, 2023, MUFG Bank, Ltd., a foreign banking organization headquartered in Tokyo, Japan, filed an application for a license to establish a representative office to be located at 83 Wooster Heights Road, Danbury, CT 06810 pursuant to Section 36a-428g of the Connecticut General Statutes. 

CONSUMER CREDIT DIVISION ACTIVITY 

Consent Order

On October 16, 2023, the Commissioner entered into a Consent Order with Go Mortgage, LLC (NMLS # 1018) (“Go Mortgage”), Columbus, Ohio. The Commissioner alleged that Go Mortgage failed to file with the Nationwide Multistate Licensing System and Registry a change of address of its branch office at least thirty (30) calendar days prior to such change and failed to provide a bond rider or endorsement, or addendum, as applicable, to the surety bond on file with the Commissioner, in violation of Section 36a-490(b)(2) of the Connecticut General Statutes. As part of the Consent Order, Go Mortgage paid $500 as a civil penalty.