Skip to content

Mortgage Originator

From: 1/1/2000   To: 12/31/2007


ACCESSIBLE MORTGAGE SERVICES INC Lic# RC0141973
Against: Real Estate Company Location: EAGAN, MN
Action: Cease & Desist/Hearing   
Signed: 6/8/2000
File # MO 9904832 JCL
Allegation:
Resp acted as a residential mortgage originator or servicer or has made residential loans in MN without a license.
 
ACCESSIBLE MORTGAGE SERVICES INC Lic# RC0141973
Against: Real Estate Company Location: EAGAN, MN
Action: Order for Hrg/Statement of Charges   
Signed: 6/22/2000
File # MO 2002800 JCL
Allegation:
Allege Resp engaged in activities which demonstrate that it is untrustworthy, financially irresponsible, or otherwise incompetent or unqualified to act under the authority or license granted by the Commissioner.
 
MICHAEL PODANY Lic# RA7987
Against: Real Estate Agent Location: LAKEVILLE, MN
Action: Other/Consent   
Signed: 7/21/2000
File # MO 9904823 DMG
Allegation:
Allege Resp engaged in fraudulent and deceptive mortgage flipping acts and is barred from residential mortgage originating and servicing.
 
TOTAL MORTGAGE INC Lic# MO0185514
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Revocation/Consent   
Signed: 7/21/2000
File # MO 9904823 DMG
Allegation:
Allege Resp engaged in fraudulent and dishonest practices in connection with residential loan transactions and mortgage flipping.
 
FIRST SUBURBAN CORP Lic# MO0183134
Against: Mortgage Originator Location: SANTA ANA HEIGHTS, CA
Action: Cease & Desist/Hearing   
Signed: 8/7/2000
File # MO 2004849 DMG
Allegation:
Resp failed to respond to Department requests for information and failed to maintain a surety bond.
 
NATIONAL FINANCE CORPORATION Lic# MO0186549
Against: Mortgage Originator Location: CLIFTON PARK, NY
Action: Cease & Desist/Hearing   
Signed: 8/9/2000
File # MO 2004848 CMF
Allegation:
Allege resp failed to maintain continuous surety bond.
 
ISLAND MORTGAGE NETWORK Lic# MO0188284
d/b/a RELIANCE MORTGAGE NETWORK/APPONLINE.COM
Against: Mortgage Originator Location: MELVILLE, NY
Action: Order for Hrg/Statement of Charges   
Signed: 8/10/2000
File # MO 2005273 CMF
Allegation:
Resp was subject of discipline by another state, failed to notify Dept of bankruptcy & failed to maintain adequate staffing levels.
 
LITTON LOAN SERVICING LP Lic# MS0246812
Against: Mortgage Servicer Location: HOUSTON, TX
Action: Cease & Desist/Consent   
Signed: 10/10/2000 $3000 Fine
File # MO 2004210 CMF
Allegation:
Allege resp engaged in unlicensed activity; failed to provide accurate coupon book; failed to respond to written request from mortgagor.
 
SOUTH CENTRAL MORTGAGE INC Lic# MO0232944
Against: Mortgage Originator Location: BURNSVILLE, MN
Action: Revocation/Consent    Begin: 10/16/2000 End: Indefinite
Signed: 10/16/2000
File # MO 2005895 DMG
Allegation:
Allege resp procured license by means of deception; filed a misleading application; failed to advise Commissioner of material changes to the application.
 
MORTGAGE CAPITAL RESOURCE CORP Lic# MO0187248
Against: Mortgage Originator Location: RIVERSIDE, CA
Action: Order for Hrg/Statement of Charges   
Signed: 11/3/2000
File # MO 2004897 CMF
Allegation:
Allege resp failed to distribute funds on a loan, failed to respond to Department.
 
KRISTOPHER HOWARD Lic# RA0063861
Against: Real Estate Agent Location: LAKEVILLE, MN
Action: Revocation/Consent    Begin: 11/17/2000 End: Indefinite
Signed: 11/17/2000
File # MO 2001083 DMG
Allegation:
Allege resp. provided false and misleading information to the Commissioner.
 
MORTGAGE INNOVATIONS INC Lic# MO0187260
Against: Mortgage Originator Location: BURNSVILLE, MN
Action: Revocation/Consent    Begin: 11/30/2000 End: Indefinite
Signed: 11/30/2000
File # MO 2001083 DMG
Allegation:
Allege resp. provided false information, commingled funds, failed to properly maintain trust account and failed to provide other required disclosures.
 
ULMEN MARK S Lic# MO0194006
Against: Mortgage Originator Location: LAKEVILLE, MN
Action: Revocation/Consent    Begin: 12/6/2000 End: Indefinite
Signed: 12/6/2000
File # MO 9905056 DMG
Allegation:
Allege Resp. displayed he is financially irresponsible.
 
REAL ESTATE MORTGAGE ACCEPTANCE CO Lic# MO0216755
Against: Mortgage Originator Location: LOS ANGELES, CA
Action: Cease & Desist/Hearing   
Signed: 12/20/2000
File # MO 2007952 CMF
Allegation:
Allege Resp. failed to maintain surety bond; failed to advise Commissioner of material changes and failed to comply with Commissioners request for information.
 
MIDWEST NATIONAL FUNDING GROUP INC Lic# MO0187915
Against: Mortgage Originator Location: BROOKLYN CENTER, MN
Action: Order for Hrg/Statement of Charges   
Signed: 12/21/2000
File # MO 2007324 CMF
Allegation:
Allege Resp. failed to satisfy a judgment obtained against it by an appraiser for services rendered.
 
WAYZATA MORTGAGE INC Lic# MO0191200
Against: Mortgage Originator Location: WAYZATA, MN
Action: Order for Hrg/Statement of Charges   
Signed: 12/21/2000
File # MO 9907861 CLC
Allegation:
Allege Resp. has failed to satisfy a judgment; failed to maintain a current address with the Department; and failed to respond to Department request.
 
PROTOFUND MORTGAGE CORP Lic# MO0190907
Against: Mortgage Originator Location: WEST HILLS, CA
Action: Cease & Desist/Hearing   
Signed: 1/2/2001
File # MO 2007944 CMF
Allegation:
Allege Resp failed to maintain a surety bond.
 
MORTGAGE CAPITAL RESOURCE CORP Lic# MO0187248
Against: Mortgage Originator Location: RIVERSIDE, CA
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 4/18/2001 $4000 Fine
File # MO 2004897 CMF
Allegation:
Allege Resp. failed to disburse funds on two closed loans and failed to respond to Dept's request for information.
 
1ST TRUST MORTGAGE CORP Lic# MO0185097
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Censure/Consent   
Signed: 4/20/2001
File # MO 2008400 PJS
Allegation:
Allege Resp. quoted loan terms in a good faith estimate that were not available.
 
DOVENMUEHLE MORTGAGE COMPANY LP Lic# MO0184615
Against: Mortgage Originator Location: ,
Action: Censure/Consent   
Signed: 5/12/2001 $500 Fine
File # MO 2101882 CLC
Allegation:
Allege Resp. allegedly provided incorrect information; and failed to respond to requests from a borrower.
 
ACCESSIBLE MORTGAGE SERVICES INC Lic# RC0141973
Against: Real Estate Company Location: EAGAN, MN
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 6/5/2001
File # MO 2002800 JCL
Allegation:
Allege Resp. accepted appraisal fee and failed to provide appraisal or refund fee; failed to respond to Dept. requests for information, failed to provide copy of written contract.
 
ISLAND MORTGAGE NETWORK Lic# MO0188284
d/b/a RELIANCE MORTGAGE NETWORK/APPONLINE.COM
Against: Mortgage Originator Location: MELVILLE, NY
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 6/12/2001
File # MO 2005273 CMF
Allegation:
Allege Resp. was the subject of license sanctions in another state; failed to maintain adequate staffing levels, became financially insolvent and failed to notify the Dept. of a bankruptcy petition filed.
 
WAYZATA MORTGAGE INC Lic# MO0191200
Against: Mortgage Originator Location: WAYZATA, MN
Action: Suspension/Consent    Begin: 6/15/2001 End: 8/15/2001
Signed: 6/29/2001 $2500 Fine
File # MO 9907861 CLC
Allegation:
Allege Resp.failed to satisfy a judgment demonstrating financial irresponsibility; failed to respond to Department requests; failed to maintain a current address with the Department.
 
ALPINE MORTGAGE Lic# MO0182793
d/b/a ALPINE MORTGAGE
Against: Mortgage Originator Location: BROOKLYN CENTER, MN
Action: Other/Consent   
Signed: 7/11/2001 $2000 Fine
File # MO 2005254 DMG
Allegation:
Allege Resp. misrepresented the amount charged by or paid to a third party for a product or service.
 
MIDWEST NATIONAL FUNDING GROUP INC Lic# MO0187915
Against: Mortgage Originator Location: BROOKLYN CENTER, MN
Action: Revocation/Consent    Begin: End: Indefinite
Signed: 7/31/2001
File # MO 2007324 CMF
Allegation:
Allege Resp. engaged in financially irresponsible activities by failing to pay an appraiser for services rendered.
 
PRIORITY MORTGAGE INC Lic# MO0187729
Against: Mortgage Originator Location: BLAINE, MN
Action: Order for Hrg/Statement of Charges   
Signed: 7/31/2001
File # MO 2104214 JEK
Allegation:
Allege Robin Lanahan, President of Respondent, pled guilty to (2) felonies and allegedly engaged in fraudulent, deceptive or dishonest practice, which are a basis for denial of renewal and discipline against the license.
 
PRIORITY MORTGAGE INC Lic# MO0187729
Against: Mortgage Originator Location: BLAINE, MN
DAVID RADANT Lic# UP0293414
Against: Unlicensed Person Location: BLAINE, MN
MATT HAGSTROM Lic# UP0293415
Against: Unlicensed Person Location: BLAINE, MN
ROBIN LANAHAN Lic# UP0293420
Against: Unlicensed Person Location: BLAINE, MN
ROBERT METZLER Lic# UP0293418
Against: Unlicensed Person Location: BLAINE, MN
Action: Cease & Desist/Hearing   
Signed: 9/24/2001
File # MO 2104214 JEK
Allegation:
Allege Resp. acted as a unlicensed mortgage originator after the license of Priority Mortgage Inc. was not renewed.
 
UNITED MORTGAGE AND LOAN INVESTMENT CORPORATION Lic# UC0299338
Against: Unlicensed Company Location: CHARLOTTE, NC
Action: Cease & Desist/Consent   
Signed: 10/15/2001
File # MO 2107091 CLC
Allegation:
Resp. engaged in unlicensed mortgage servicer activities.
 
STEVEN BERGLUND Lic# UP0300154
Against: Unlicensed Person Location: LAKEVILLE, MN
Action: Other/Consent   
Signed: 11/20/2001
File # MO 2109002 CLC
Allegation:
Resp. engaged in fraudulent and deceptive conduct in connection with residential loan transactions and is barred from residential mortgage origination and servicing.
 
HOMESIDE LENDING INC Lic# MO0274930
Against: Mortgage Originator Location: JACKSONVILLE, FL
Action: Censure/Consent   
Signed: 11/30/2001 $2500 Fine
File # MO 2106579 DMG
Allegation:
Resp. refused to accept without good cause borrower's appraisal and selected appraiser and imposed excessive requirements, all pertaining to PMI cancellation.
 
MERITECH MORTGAGE SERVICES INC Lic# MS0197719
Against: Mortgage Servicer Location: GLEN ALLEN, VA
Action: Other/Consent   
Signed: 12/31/2001 $750 Fine
File # MO 2101020 DMG $250 Investigator Costs
Allegation:
Resp. assessed prepayment penalties to mortgagors even though property was sold contrary to provisions of MN stat. 47.20.
 
FOUNDATION FUNDING GROUP INC Lic# MO0184750
d/b/a GREATSTONE MORTGAGE
Against: Mortgage Originator Location: TAMPA, FL
Action: Cease & Desist/Hearing   
Signed: 1/17/2002
File # MO 2108014 JCL
Allegation:
Resp. subsequent to the State of florida issuing a Cease and Desist Order the Resp. is subject to disciplinary action by the Commissioner of Commerce.
 
TRADEMARK FINANCIAL GROUP INC Lic# MO0182840
Against: Mortgage Originator Location: EDINA, MN
Action: Order for Hrg/Statement of Charges   
Signed: 2/11/2002
File # MO 2005314 DMG
Allegation:
Resp. failed to respond to requests for information, failed to appear as ordered, and failed to maintain compliance with affirmation made under oath.
 
CERTIFIED MORTGAGE INVESTMENTS CO Lic# MS0194018
FONT SIZE=2>
Against: Mortgage Servicer Location: INDEPENDENCE, MN
CERTIFIED MTG INVESTMENTS CO Lic# RC0053939
Against: Real Estate Company Location: GOLDEN VALLEY, MN
Action: Suspension/Consent Begin: 2/1/2002    End: 4/30/2002
Signed: 3/1/2002
File # MO 2008402 JCL
Allegation:
Resp. made material misreprestations and engaged in fraudulent, deceptive and dishonest practices in connection with real estate transactions.
 
RM MORTGAGE CORP Lic# UC0320136
Against: Unlicensed Company Location: BLAINE, MN
Action: Order for Hrg/Statement of Charges   
Signed: 3/16/2002
File # MO 2203281 JEK
Allegation:
Resp. License application was denied.
 
DANIEL POMRENKE Lic# UP0319044
Against: Unlicensed Person Location: BURNSVILLE, MN
Action: Order for Hrg/Statement of Charges   
Signed: 4/5/2002
File # MO 2103959 CLC
Allegation:
Allegations that Resp knowingly conspired to defraud and obtain monies from a lender by means of fraudulent pretenses in connection with a residential loan transaction.
 
WINDSOR CAPITAL MORTGAGE CORPORATION Lic# MO0210477
Against: Mortgage Originator Location: SAN DIEGO, CA
Action: Censure/Consent   
Signed: 4/26/2002 $2500 Fine
File # MO 2109930 DMG
Allegation:
Resp. advised a borrower was locked in at an interest rate when the borrower was not and made a false, deceptive, misleading statement.
 
HOMESIDE LENDING INC Lic# MO0274930
Against: Mortgage Originator Location: JACKSONVILLE, FL
Action: Censure/Consent   
Signed: 5/7/2002 $2500 Fine
File # MO 2203552 CLC
Allegation:
Resp. unnecessarily subjected borrower to force placed insurance and incorrectly applied payments to mortgage; actions demonstrate incompetence and financial irresponsibilty.
 
MORTGAGE SUPPORT INC Lic# MO0184424
d/b/a FINANCIAL TRUST MORTGAGE
Against: Mortgage Originator Location: EDEN PRAIRIE, MN
Action: Censure/Consent   
Signed: 5/14/2002 $1500 Fine
File # MO 2107482 DMG
Allegation:
Resp. through its agent altered material infromation about a borrower and made a false statement in connection with a residential loan.
 
CHASE MANHATTAN MORTGAGE CORPORATION Lic# OX0189444
Against: Mortgage Originator Exemption Location: EDISON, NJ
Action: Other/Consent   
Signed: 6/7/2002 $2500 Fine
File # MO 2201097 CLC
Allegation:
Resp. failed to comply with statutory requirements of language included in "notice of right to cancel private mortgage insurance" and requiring appraisal be ordered by respondent.
 
AMERICAN MORTGAGE CORPORATION Lic# MO0186931
Against: Mortgage Originator Location: EDINA, MN
Action: Other/Consent   
Signed: 6/20/2002 $3000 Fine
File # MO 2102431 DMG
Allegation:
Respondent's. employee engaged a borrower in a lock-in agreement when prerequisites were not satisfied and subsequently threatened action.
 
KRAHNKE ERIC Lic# MO0190460
Against: Mortgage Originator Location: ANOKA, MN
Action: Revocation/Consent    Begin: End: Indefinite
Signed: 7/11/2002
File # MO 2107482 DMG
Allegation:
Resp. misrepresented the involvement of another person in the alleged activity and changed material information pertaining to a borrower.
 
CENDANT MTG CORP DBA COLDWELL BANKER MTG Lic# MO0189677
d/b/a PHH MORTGAGE SERVICES
Against: Mortgage Originator Location: MT LAUREL, NJ
Action: Other/Consent   
Signed: 7/30/2002 $1000 Fine
File # MO 2201199 DMG
Allegation:
Resp. in part due to a third party service provider, remitted property taxes for a wrong parcel, failed to rectify the error, violated escrow agreement.
 
WEALTHBUILDERS MORTGAGE COPRORATION Lic# UC0343208
Against: Unlicensed Company Location: MCFARLAND, WI
Action: Cease & Desist/Consent   
Signed: 8/20/2002
File # MO 2206338 CLC
Allegation:
Resp. has engaged in unlicensed mortgage originator and/or servicer activities.
 
EMC MORTGAGE CORPORATION Lic# MS0191863
Against: Mortgage Servicer Location: LEWISVILLE, TX
Action: Censure/Consent   
Signed: 8/23/2002 $2500 Fine
File # MO 2203601 CLC
Allegation:
Resp. incorrectly applied payments to the borrowers mortgage.
 
UNIVERSAL MORTGAGE CORPORATION Lic# MO0194004
d/b/a UFG MORTGAGE
Against: Mortgage Originator Location: MEQUON, WI
Action: Other/Consent   
Signed: 9/3/2002 $2500 Fine
File # MO 2203929 DMG
Allegation:
Resp. pertaining to PMI cancellation, used criteria which exceeded statutory requirements: absence of subordinate financing, LTV of less than 80%, omitted required paragraph.
 
MOUALEE KOTTKE Lic# UP0344602
Against: Unlicensed Person Location: NORTH BRANCH, MN
Action: Other/Consent   
Signed: 9/24/2002
File # MO 2108362 DMG
Allegation:
Resp. knowingly and willfully created false documentation pertaining to the income and emplyment of potential borrowers to induce lenders to fund transactions, barred from mortgage activities.
 
GREAT AMERICAN MORTGAGE CORPORATION Lic# MO0287467
Against: Mortgage Originator Location: ST PAUL, MN
Action: Censure/Consent   
Signed: 10/14/2002 $5000 Fine
File # MO 2108362 DMG
Allegation:
Alleged a person under the control of the Respondent knowingly and willfully presented fraudulent and fabricated financial documents.
 
HOMESIDE LENDING INC Lic# MO0274930
Against: Mortgage Originator Location: JACKSONVILLE, FL
Action: Censure/Consent   
Signed: 10/14/2002 $3000 Fine
File # MO 2204389 CLC
Allegation:
Allegations that respondent incorrectly applied payments to a borrowers mortgage and issued incorrect IRS for 1098 to borrower two consecutive years actions demonstrate incompetence and financial irresponsibility.
 
TRADEMARK FINANCIAL GROUP INC Lic# MO0182840
Against: Mortgage Originator Location: EDINA, MN
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 10/22/2002
File # MO 2005314 DMG
Allegation:
Pursuant to the final Order Respondent's mortgage originator license is revoked.
 
FOUNDATION FUNDING GROUP INC Lic# MO0184750
d/b/a GREATSTONE MORTGAGE
Against: Mortgage Originator Location: TAMPA, FL
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 10/22/2002 $2000 Fine
File # MO 2108014 JCL
Allegation:
Resp. was the subject of a Cease and Desist Order by another state and therefore subject to disipline under Minnesota mortgage originator licensing act.
 
RM MORTGAGE CORP Lic# UC0320136
Against: Unlicensed Company Location: BLAINE, MN
RM MORTGAGE CORP Lic# MO0358313
d/b/a 1ST FEDERAL MORTGAGE CORPORATION
Against: Mortgage Originator Location: ANDOVER, MN
Action: Other/Consent   
Signed: 11/12/2002
File # MO 2203281 JEK
Allegation:
Prior to the issuance of the Commissiner final order, Resp. department agreed to issue license of Resp. pursuant to Consent Order.
 
BLACK DIAMOND MORTGAGE & REAL ESTATE CONSULTANTS CORP Lic# MO0225862
d/b/a PROTECH ENTERPRISE INVESTMENT PROPERTIES TRUST
Against: Mortgage Originator Location: BROOKLYN PARK, MN
Action: Order for Hrg/Statement of Charges   
Signed: 12/3/2002
File # MO 2106226 DMG
Allegation:
Resp. conducted unlicensed activity, presented a false application, violated trust account laws, demonstrated financial irresponsibilty, misrepresented third party charges, other violations.
 
HOUSEHOLD INDUSTRIAL FINANCE COMPNAY Lic# OX0185992
Against: Mortgage Originator Exemption Location: PLYMOUTH, MN
BENEFICIAL LOAN & THRIFT CO Lic# OX0185993
Against: Mortgage Originator Exemption Location: BLOOMINGTON, MN
Action: Other/Consent   
Signed: 12/5/2002
File # MO 2109569 DMG $150000 Investigator Costs
Allegation: $400000 Other
Alleged resp. engaged in deceptive mortgage and credit insurance sale, misrepresented loan terms, and sold mortgages at higher interest rates than borrowers qualified for, affective December 16, 2002.
 
GATEWAY FINANCIAL CORP Lic# MO0185023
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Order for Hrg/Statement of Charges   
Signed: 3/21/2003
File # MO 2207519 DMG
Allegation:
Alleged respondent devised and carried out a plan to create and utilize a false gift letter to induce financing of Stacy Strands purchase.
 
DANIEL POMRENKE Lic# UP0319044
Against: Unlicensed Person Location: BURNSVILLE, MN
Action: Other/Hearing   
Signed: 4/10/2003
File # MO 2103959 CLC
Allegation:
Resp. knowingly conspired to defraud and obtain monies from a lender by means of fraudulent pretenses in connection with residential loan transactions and is barred from industry.
 
NOKOMIS MORTGAGE CORPORATION OF MINNESOTA Lic# MO0225428
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Order for Hrg/Statement of Charges   
Signed: 5/7/2003
File # MO 2202675 CLC
Allegation:
Resp. failed to compensate appraisers for services performed at the request of respondent; failed to respond to the Department requests and order to appear.
 
CHADWICK MORTGAGE INC Lic# UC0389311
Against: Unlicensed Company Location: HOUSTON, TX
Action: Cease & Desist/Consent   
Signed: 5/29/2003
File # MO 2303326 JCL
Allegation:
Chadwick Mortgage, Inc. originated two mortgages in the State of MN without first obtaining a mortgage origiantor license.
 
GATEWAY FINANCIAL CORP Lic# MO0185023
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Censure/Consent   
Signed: 7/14/2003 $5000 Fine
File # MO 2207519 DMG
Allegation:
Alleged respondent violated statute which states no licensee shall make, or cause, a misleading, deceptive statement regarding a borrower's ability to qualify for a mortgage.
 
ZOE REALTY INC Lic# MO0269465
d/b/a ZOE MORTGAGE INC
Against: Mortgage Originator Location: MINNEAPOLIS, MN
ZOE REALTY INC Lic# OX0258056
Against: Mortgage Originator Exemption Location: MINNEAPOLIS, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 7/30/2003
File # MO 2303649 CLC
Allegation:
Owner of Mortgage Originator Corporation and Certificate of exemption holder commingled funds in trust account while acting under the authority of his real estate broker license.
 
NOKOMIS MORTGAGE CORPORATION OF MINNESOTA Lic# MO0225428
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Censure/Consent   
Signed: 8/13/2003 $250 Fine
File # MO 2202675 CLC
Allegation:
Resp. failed to timely compensate appraisers for services performed at respondents request; Respondent failed to respond to Dept request and failed to appear as ordered.
 
BERG TIMOTHY J Lic# MO0334621
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Revocation/Consent    Begin: End: Indefinite
Signed: 9/9/2003
File # MO 2305411 CLC
Allegation:
Respondent provided false information to the commissioner regarding criminal history in application for licensure.
 
NOKOMIS MORTGAGE CORPORATION OF MINNESOTA Lic# MO0225428
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Censure/Consent   
Signed: 9/10/2003 $2500 Fine
File # MO 2304039 CLC
Allegation:
Respondent distributed advertisements to the public that were deceptive or misleading; Respondent also failed to respond to department requests or cooperate in investigation.
 
WORLDWIDE MORTGAGE INC Lic# MO0187726
Against: Mortgage Originator Location: ST PAUL, MN
Action: Revocation/Consent    Begin: End: Indefinite
Signed: 10/20/2003
File # MO 2301074 CLC
Allegation:
Respondent provided false information to the Commissioner regarding prior criminal charges and/or convictions in an application for licensure; renewal was denied.
 
NOKOMIS MORTGAGE CORPORATION OF MINNESOTA Lic# MO0225428
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Order for Hrg/Statement of Charges   
Signed: 1/20/2004
File # MO 2307420 CLC
Allegation:
Allegations that respondent failed to compensate appraisers for services performed at respondents request; failed to respond to Dept requests and failed to appear as ordered.
 
REDWOOD LENDING CORPORATION Lic# MO0182385
Against: Mortgage Originator Location: MONTICELLO, MN
Action: Other/Consent   
Signed: 3/2/2004 $500 Fine
File # MO 2306956 DMG
Allegation:
Alleged respondent published and disseminated a deceptive and misleading advertisement.
 
PROVIDENT MORTGAGE CORPORATION OF MINNESOTA Lic# MO0182372
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Other/Consent   
Signed: 3/25/2004 $5000 Fine
File # MO 2307815 DMG
Allegation:
Respondent failed to remit payment to appraisers in a timley manner and hence has engaged in act or practice which demonstrates financial irresponsibility.
 
NOKOMIS MORTGAGE CORPORATION OF MINNESOTA Lic# MO0225428
Against: Mortgage Originator Location: ST LOUIS PARK, MN
Action: Revocation/Hearing    Begin: End: Indefinite
Signed: 5/4/2004
File # MO 2307420 CLC
Allegation:
Respondent failed to compensate appraisers for numerous appraisals performed at respondents request; failed to respond to Dept requests and failed to appear as Ordered.
 
NORTHERN LIGHTS MORTGAGE COMPANY Lic# MO0230251
d/b/a EVOLVE LENDING
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Other/Consent   
Signed: 5/26/2004 $2500 Fine
File # MO 2304717 DMG
Allegation:
Alleged respondent violated RESPA by failing to estimate customarily charged fees, including PMI, and by preparing the GFE based on guesse not experience.
 
HOMELAND FINANCIAL CORPORATION Lic# MO0305603
Against: Mortgage Originator Location: ST PAUL, MN
HOME FUNDING CORPORATION Lic# UC0455243
Against: Unlicensed Company Location: MENDOTA HEIGHTS, MN
Action: Cease & Desist/Hearing   
Signed: 6/3/2004
File # MO 2304444 DMG
Allegation:
Alleged Respondent engaged in equity stripping, fraudulent, coercive, deceptive and dishonest acts and practice, displayed untrustworthiness.
 
HOME FUNDING CORPORATION Lic# UC0455243
Against: Unlicensed Company Location: MENDOTA HEIGHTS, MN
HOMELAND FINANCIAL CORPORATION Lic# MO0305603
Against: Mortgage Originator Location: ST PAUL, MN
Action: Order for Hrg/Statement of Charges   
Signed: 6/3/2004
File # MO 2304444 DMG
Allegation:
Alleged Respondent engaged in equity stripping, fraudulent, coercive, deceptive and dishonest acts and practice, displayed untrustoworthiness.
 
HJE FINANCIAL LLC Lic# UC0424956
Against: Unlicensed Company Location: MENDOTA HEIGHTS, MN
RONALD ESAU Lic# UP0455238
Against: Unlicensed Person Location: SAVAGE, MN
JAMES JOHNSON Lic# UP0455240
Against: Unlicensed Person Location: OSSEO, MN
JAMES HOFFMAN Lic# UP0455241
Against: Unlicensed Person Location: HASTINGS, MN
Action: Order for Hrg/Statement of Charges   
Signed: 6/3/2004
File # MO 2309110 DMG
Allegation:
Alleged Respondents engaged in equity stripping, fraudulent, coercive, deceptive and dishonest acts and practice, displayed untrustworthiness.
 
JAMES JOHNSON Lic# UP0455240
Against: Unlicensed Person Location: OSSEO, MN
RONALD ESAU Lic# UP0455238
Against: Unlicensed Person Location: SAVAGE, MN
HJE FINANCIAL LLC Lic# UC0424956
Against: Unlicensed Company Location: MENDOTA HEIGHTS, MN
JAMES HOFFMAN Lic# UP0455241
Against: Unlicensed Person Location: HASTINGS, MN
Action: Cease & Desist/Hearing   
Signed: 6/3/2004
File # MO 2309110 DMG
Allegation:
Alleged Respondent engaged in equity stripping, fraudulent, coercive, deceptive and dishonest acts and practice, displayed untrustworthiness.
 
DONOVAN GILBERT Lic# RA0435209
Against: Real Estate Agent Location: MAPLEWOOD, MN
Action: Censure/Consent   
Signed: 8/9/2004 $1000 Fine
File # MO 2306681 PJS
Allegation:
Provided false information to the Commissioner in applications dated January 19, 2004 and February 13, 2004.
 
LIGHTHOUSE FUNDING CORPORATION Lic# MO0212519
Against: Mortgage Originator Location: TUSTIN, CA
Action: Other/Consent   
Signed: 8/25/2004 $3500 Fine
File # MO 2307822 DMG
Allegation:
Alleged respondent unnecessarily delayed the processing of a loan application, including failing to confirm subordinate financing, and violated lock-in agreement regulation.
 
JLS INVESTMENTS INC Lic# UC0479076
Against: Unlicensed Company Location: ST BONIFACIUS, MN
Action: Cease & Desist/Consent   
Signed: 10/1/2004
File # MO 2400804 DMG
Allegation:
Alleged respondent engaged in unlicensed mortgage originator acitvity.
 
ANDERSON BUSINESS ADVISORS INC Lic# UC0488569
Against: Unlicensed Company Location: EDEN PRAIRIE, MN
Action: Cease & Desist/Consent   
Signed: 12/2/2004 $2000 Fine
File # MO 2402268 PJS
Allegation:
Respondent assisted a borrower in obtaining a residentent mortgage in return for consideration without a mortgage originator license.
 
LITTON LOAN SERVICING LP Lic# MS0246812
Against: Mortgage Servicer Location: HOUSTON, TX
Action: Other/Consent   
Signed: 12/2/2004 $2500 Fine
File # MO 2404193 DMG
Allegation:
Alleged respondent failed to comply with its escrow waiver agreement with Richard Kalinoski and imposed an escrow accout.
 
MALGORZATA OLEKSY Lic# UP0492216
Against: Unlicensed Person Location: EAGAN, MN
Action: Other   
Signed: 12/29/2004
File # MO 2300849 DMG
Allegation:
Alleged respondent engaged in fraud by forging a loan application for at least one mortgage client; Respondent is barred from residential mortgage origination.
 
HOMSTARUSA, INC. Lic# MO0277359
d/b/a HOMSTAR USA MORTGAGE SERVICES
Against: Mortgage Originator Location: EAGAN, MN
Action: Other/Consent   
Signed: 12/29/2004 $15000 Fine
File # MO 2404097 DMG
Allegation:
Alleged Respondent knowingly facilitated unlicensed mortgage originator activity by using independent contractors, hence failed to comply with a affirmations made under oath.
 
CYNTHIA CARLSON Lic# RA0025997
Against: Real Estate Agent Location: MINNEAPOLIS, MN
Action: Other/Consent   
Signed: 12/29/2004 $2000 Fine
File # MO 2405166 DMG
Allegation:
Alleged respondent allowed an assistant to change the purchase price agreement and thereby allowed another to make a material misrepresentation.
 
PRECISION ONE MORTGAGE INC Lic# MO20410324
Against: Mortgage Originator Location: APPLE VALLEY, MN
Action: Other/Consent   
Signed: 2/17/2005 $7500 Fine
File # MO 2307194 DMG
Allegation:
Alleged Respondent materially altered the document that identifies a gift of $65,000 prior to submitting the document to a lender; see Order for more penalties.
 
MORTGAGE PLUS OF NORTH AMERICA INC Lic# MO20187241
Against: Mortgage Originator Location: ANDOVER, MN
Action: Revocation/Consent Begin: 3/3/2005    End: Indefinite
Signed: 3/3/2005
File # MO 2404694 JEK
Allegation:
Respondent failed to remit payment to appraisers for appraisals performed in conjunction with residential loan transactions.
 
CARSON DELL FINANCIAL GROUP INC Lic# MO20444814
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Other/Consent   
Signed: 3/3/2005 $5000 Fine
File # MO 2405485 DMG
Allegation:
Alleged Diante Carridonna materially altered the appraisal of 8010 Kendal Avenue, Maple Grove dated January 29, 2004, prior to submitting the appraisal to a lender.
 
MINNESOTA MORTGAGE SERVICES INC Lic# MO20397082
Against: Mortgage Originator Location: COON RAPIDS, MN
Action: Other/Consent   
Signed: 3/3/2005 $2500 Fine
File # MO 2405663 DMG
Allegation:
Alleged respondent facilitated unlicensed mortgage originator activity in violation of the affirmations it made under oath.
 
BLACK DIAMOND MORTGAGE & REAL ESTATE CONSULTANTS CORP Lic# MO20225862
d/b/a PROTECH ENTERPRISE INVESTMENT PROPERTIES TRUST
Against: Mortgage Originator Location: BROOKLYN PARK, MN
Action: Revocation/Hearing Begin:    End: Indefinite
Signed: 3/23/2005 $15000 Fine
File # MO 2106226 DMG
Allegation:
ALJ's conclusions are adopted.
 
LAURASTAR INC Lic# MO20189780
d/b/a NORTHVIEW LENDING SERVICES
Against: Mortgage Originator Location: ZIMMERMAN, MN
Action: Other/Consent   
Signed: 4/28/2005 $1000 Fine
File # MO 2404683 DMG
Allegation:
Alleged Respondent issued a pre-approval letter without any recitation that final approval was subject to certain conditions and a final underwriting approval.
 
INTERNATIONAL MORTGAGE SOLUTIONS INC Lic# MO20414746
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Other/Consent   
Signed: 5/12/2005 $3000 Fine
File # MO 2403527 DMG
Allegation:
Respondent procured appraisal services, but failed to remit payment, including payments received for the appraisals and failed to notify Department of the judgment against it.
 
KALOS MORTGAGE LLC Lic# MO20396977
Against: Mortgage Originator Location: SHOREVIEW, MN
Action: Other/Consent   
Signed: 5/12/2005
File # MO 2500817 DMG
Allegation:
Alleged Respondent facilitated unlicensed mortgage originator activity by using unlicensed independent contractors, hence failed to comply with affirmations made under oath.
 
MIDSTATE MORTGAGE SERVICES INCORPORATED Lic# MO20349512
Against: Mortgage Originator Location: BROOKLYN PARK, MN
Action: Other/Consent   
Signed: 6/9/2005 $2000 Fine Consent/Other
File # MO 2500698 DMG
Allegation:
Alleged Respondent facilitaed unlicensed mortgage originator activity by using unlicensed independent contractors, hence failed to comply with affirmations made under oath.
 
ERIC RUE Lic# UP20520092
Against: Unlicensed Person Location: ST LOUIS PARK, MN
Action: Other/Consent   
Signed: 6/9/2005
File # MO 2502864 CLC
Allegation:
Respondent made misleading statements in correspondence falsely, claiming to be related to a commerce Department employee in order to intimidate the recipient into compensating him.
 
GENESIS CONSULTING GROUP INC Lic# MO20183139
d/b/a MOORE FINANCIAL GROUP INC
Against: Mortgage Originator Location: ST PAUL, MN
Action: Censure/Consent   
Signed: 7/1/2005 $10000 Fine Consent/Censure
File # MO 2403192 DMG
Allegation:
Alleged Respondent intentionally withheld and directed others to withhold informational material to the lender; used unlicensed independent contractors for origination services.
 
ARBORDALE MORTGAGE AND DEVELOPMENT CORPORATION Lic# MO20244832
Against: Mortgage Originator Location: MINNETONKA, MN
Action: Order for Hrg/Statement of Charges   
Signed: 8/10/2005
File # MO 2308367 DMG
Allegation:
Alleged Respondent unreasonably delayed the processing of the Leonhardis' application, attempted to procure a commission after the loan was validly rescinded.
 
HOMES UNLIMITED LLC Lic# MO20372122
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Other/Consent   
Signed: 8/30/2005 $3000 Fine
File # MO 2501007 DMG
Allegation:
Alleged Respondent facilitated unlicensed mortgage originator activity by using independent contractors who were neither employee nor licensed; failed to comply with affirmations made under oath.
 
AMERICAN FINANCIAL MORTGAGE INC Lic# MO20296021
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 9/27/2005
File # MO 2306337 DMG
Allegation:
Alleged Respondent's owner, Gregory L. Johnson, in its application for licensure, failed to disclose his criminal convictions evidencing financial irresponsibility and untrustworthiness.
 
INVESTMENT MORTGAGE CORPORATION LLC Lic# MO20442824
Against: Mortgage Originator Location: BAXTER, MN
Action: Order for Hrg/Statement of Charges   
Signed: 10/17/2005
File # MO 2500313 CLC
Allegation:
Allege respondent provided false application for licensure, issued numerous NSF checks, demonstrated untrustworiness, financial irresponsibility and incompetence.
 
UNION EQUITY CORPORATION Lic# MO20315385
Against: Mortgage Originator Location: INDIANAPOLIS, IN
Action: Censure/Consent   
Signed: 12/16/2005 $7500 Fine
File # MO 2503084 PJS
Allegation:
Allege respondent disseminated false, misleading and deceptive advertising materials.
 
AMERIQUEST MORTGAGE COMPANY Lic# MO20185681
Against: Mortgage Originator Location: ORANGE, CA
Action: Other/Consent   
Signed: 3/21/2006
File # MO 2307811 DMG
Allegation:
Allege respondent engaged in unfair, deceptive, and fraudulent lending practices.
 
ROYAL FINANCIAL LLC Lic# MO20350735
Against: Mortgage Originator Location: COLUMBIA HEIGHTS, MN
Action: Other/Consent   
Signed: 4/12/2006 $15000 Fine
File # MO 2500752 DMG
Allegation:
Allege respondent conspired to commit fraud by failing to disclose a seller to buyer refund, facilitated unlicensed mortgage originator activity, and falsified documents.
 
INVESTMENT MORTGAGE CORPORATION LLC Lic# MO20442824
Against: Mortgage Originator Location: BAXTER, MN
Lic# UP20593553
Against: Unlicensed Person Location: LAKE SHORE, MN
STEVEN BAUMAN Lic# UP20593550
Against: Unlicensed Person Location: LAKE SHORE, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 9/22/2006
File # MO 2500313 CLC
Allegation:
Allege respondent provided false application for licensure, issued numerous NSF checks, demonstrated untrustworthiness, financial irresponsibility and incompetence.
 
VERITY TITLE ABSTRACT INC Lic# IA20339621
Against: Insurance Agency Location: BLOOMINGTON, MN
Lic# IN20339620
Against: Insurance Agent Location: MINNEAPOLIS, MN
Action: Order for Hrg/Statement of Charges   
Signed: 9/26/2006
File # MO 2605454 KB
Allegation:
Allege respondent improperly converted and withheld insurance funds; demonstrated untrustworthiness, incompetence and financial irresponsibility and committed fraudulent and deceptive practices.
 
PRECISION LENDING INC Lic# MO20544462
Against: Mortgage Originator Location: BURNSVILLE, MN
Lic# IN20491915
Against: Insurance Agent Location: SOMERSET, WI
Action: Summary Suspension, Notice of   
Signed: 10/5/2006
File # MO 2605454 KB
Allegation:
Respondent improperly converted and withheld insurance funds; demonstrated untrustworthiness, incompetence, and financial irresponsibility; and committed fraudulent and deceptive practices.
 
DBSA HOLDINGS INC Lic# MO20537502
d/b/a FOUNDATION CAPITAL GROUP INC
Against: Mortgage Originator Location: SAN DIEGO, CA
Action: Other/Consent   
Signed: 10/9/2006 $5000 Fine File 2604642
File # MO 2604642 DMG
Allegation:
Alleged respondent continued to circulate an advertisement after advising the Commissioner that they would cease and desist from circulating the particular advertisement.
 
ALLAN WERLING Lic#
Against: Location:
Action: Other/Consent   
Signed: 10/26/2006 $4500 Fine
File # MO 2605717 MBF
Allegation:
Allege respondent failed to respond timely to departments request for information.
 
FREEDOM MORTGAGE CORPORATION Lic# MO20186900
d/b/a JEFFERSON HOME MORTGAGE AND LOAN
Against: Mortgage Originator Location: MOUNT LAUREL, NJ
Action: Other/Consent   
Signed: 12/12/2006 $10000 Fine
File # MO 2601008 DMG
Allegation:
Allege respondent failed to permit borrowers to cancel PMI despite the satisfaction of 47.207; instructed borrowers that the appraiser must be chosen by respondent.
 
LOAN SUPPORT MORTGAGE INC Lic# MO20335465
d/b/a GREEN STREET FINANCE
Against: Mortgage Originator Location: PLYMOUTH, MN
Action: Censure/Consent   
Signed: 12/12/2006 $500 Fine
File # MO 2604526 PJS
Allegation:
Allege respondent failed to remit monies collected at closing to the appraiser demonstrating financial irresponsibility and incompetence.
 
JUSUF BAMBARA Lic# UP20596596
Against: Unlicensed Person Location: MINNEAPOLIS, MN
Lic# UC20595623
Against: Unlicensed Company Location: MINNEAPOLIS, MN
Action: Cease & Desist/Consent   
Signed: 12/21/2006
File # MO 2606195 MPB
Allegation:
Allege respondent conducted commercial loan broker activities without the appropriate license.
 
JENNIFER SINKBEIL Lic# UP20622384
Against: Unlicensed Person Location: MINNEAPOLIS, MN
Action: Other/Consent   
Signed: 2/8/2007
File # MO 2700419 JEK
Allegation:
Allege respondent is permanently barred from engaging in the residential Mortgage Originator or Servicing.
 
TWO RIVERS FUNDING INC Lic# MO20574572
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Revocation/Consent   
Signed: 2/8/2007
File # MO 2700419 JEK
Allegation:
Allege respondent provided false and misleading info on her license app. As 100% owner and person in control of Two Rivers Funding, Inc. Employee falsified loan appl. and forged documents with intent to defraud mortgage lender and borrower.
 
JILL MARIE LEHN Lic# UP20612844
Against: Unlicensed Person Location: PRIOR LAKE, MN
Action: Other/Consent   
Signed: 2/13/2007
File # MO 2700212 MPB
Allegation:
Allege respondent prepared fraudulent closing documents for real estate transactions and concealed payments from loan proceeds to individuals.
 
JILL MARIE LEHN Lic# RA20519121
Against: Real Estate Agent Location: PRIOR LAKE, MN
Action: Revocation/Consent   
Signed: 2/13/2007
File # MO 2700212 MPB
Allegation:
Allege respondent has engaged in fraudulent, deceptive, or dishonest behavior.
 
JILL MARIE LEHN Lic# NO20271743
Against: Notary Location: PRIOR LAKE, MN
Action: Revocation/Consent   
Signed: 2/13/2007
File # MO 2700212 MPB
Allegation:
Allege respondent has signed a plea agreement to enter a plea of guilty to the felony charges of Wire Fraud and Money Laundering.
 
ARBORDALE MORTGAGE AND DEVELOPMENT CORPORATION Lic# MO20244832
Against: Mortgage Originator Location: MINNETONKA, MN
Action: Other/Consent   
Signed: 2/28/2007
File # MO 2308367 DMG $2500 Investigator Costs
Allegation:
Allege respondent unreasonably delayed processing a mortgage loan application and attempted to procure payment from a client who had rescinded the mortgage.
 
CHAD LEE DIXON Lic# RA20457618
Against: Real Estate Agent Location: SARTELL, MN
Action: Revocation/Consent Begin: 2/28/2007    End: Indefinite
Signed: 2/28/2007
File # MO 2605151 MPB
Allegation:
Allege respondent was charged with and convicted of financial transaction card fraud and failed to disclose such incidents on his real estate license application.
 
ELITE MORTGAGE GROUP LLC Lic# MO20486719
Against: Mortgage Originator Location: ST CLOUD, MN
Action: Revocation/Consent Begin: 2/28/2007    End: Indefinite
Signed: 2/28/2007
File # MO 2605151 MPB
Allegation:
Allege respondent failed to disclose fraud charges on mortgage originator license application and failed to notify Commissioner of material change to application information in a timely manner.
 
CHAD LEE DIXON Lic# UP20626256
Against: Unlicensed Person Location: SARTELL, MN
Action: Other/Consent Begin: 2/28/2007    End: Indefinite
Signed: 2/28/2007
File # MO 2605151 MPB
Allegation:
Allege respondent was charged with and convicted of Financial Transaction Card Fraud and failed to disclose such incidents on pertinent mortgage originator license application.
 
MIDWEST HOME LOANS INC Lic# MO20369575
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Censure/Consent   
Signed: 3/1/2007 $1500 Fine
File # MO 2601226 MPB
Allegation:
Allege respondents employee engaged in acts or practices while making a residential loan that demonstrated incompetence.
 
DALE C DODGE Lic# IN20339620
Against: Insurance Agent Location: MINNEAPOLIS, MN
Lic# IA20339621
Against: Insurance Agency Location: BLOOMINGTON, MN
Action: Revocation/Hearing Begin:    End: Indefinite
Signed: 3/1/2007 $500000 Fine
File # MO 2605454 KB
Allegation:
Allege respondent improperly converted and withheld funds of at least $1.5 million; demonstrated untrustworthiness, incompetence and financial irresponsibility; committed fraudulent and deceptive practices and improperly commingled.
 
AMERICAN RESIDENTIAL MORTGAGE LP Lic# MO20264117
Against: Mortgage Originator Location: MAPLEWOOD, MN
Action: Other/Consent   
Signed: 3/5/2007 $5000 Fine
File # MO 2700375 MBF
Allegation:
Allege respondent failed to disclose its affiliated business arrangement with Titles Plus.
 
NOU YANG Lic# UP20626255
Against: Unlicensed Person Location:
Action: Other/Consent   
Signed: 3/8/2007
File # MO 2606354 MPB
Allegation:
Allege respondent whited-out information on mortgage related documents to hide information in regard to a borrower's ability to qualify for a mortgage product.
 
NATIONWIDE MORTGAGE CONSULTANTS INC Lic# MO20493232
Against: Mortgage Originator Location: MINNETONKA, MN
Action: Other/Consent   
Signed: 3/26/2007 $500 Fine
File # MO 2601514 DLB
Allegation:
Allege respondent failed to comply with two requests from the department and demonstrated financial irresponsibility with Contracted Appraisal Services.
 
PAM FINANCIAL SERVICES LLC Lic# MO20592250
Against: Mortgage Originator Location: WEST ST PAUL, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 3/26/2007
File # MO 2606176 MPB
Allegation:
Allege respondent included false informationrelated to income and occupancy status in mortgage applications.
 
PEDRO ANTONIO MARTINEZ Lic# UP20626626
Against: Unlicensed Person Location: COTTAGE GROVE, MN
Action: Other/Consent Begin:    End: Indefinite
Signed: 3/26/2007
File # MO 2606176 MPB
Allegation:
Allege respondent included false information related to income and occupancy status in mortgage applications. Respondent permanently BARRED from Mortgage Origination and Servicing.
 
IDA M JAMES Lic# IN20347147
Against: Insurance Agent Location: BLOOMINGTON, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 3/28/2007
File # MO 2601210 JEK
Allegation:
Allege respondent engaged in 15 counts of Identity Theft.
 
IDA M JAMES Lic# NO20404943
Against: Notary Location: BLOOMINGTON, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 4/2/2007
File # MO 2601210 JEK
Allegation:
Allege respondent engaged in 15 counts of Identity Theft.
 
IDA M JAMES Lic# RA20544696
Against: Real Estate Agent Location: BLOOMINGTON, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 4/2/2007
File # MO 2601210 JEK
Allegation:
Allege respondent engaged in 15 counts of Identity Theft.
 
C-1ST REALTY LLC Lic# RC20580159
Against: Real Estate Company Location: SAVAGE, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 4/2/2007
File # MO 2601210 JEK
Allegation:
Allege respondent engaged in 15 counts of Identity Theft.
 
CNI PROFESSIONAL MANAGEMENT AND FINANCIAL SERVICES LLC Lic# MO20494454
Against: Mortgage Originator Location: BLOOMINGTON, MN
Action: Revocation/Consent Begin: 4/2/2007    End: Indefinite
Signed: 4/2/2007
File # MO 2601210 JEK
Allegation:
Allege respondent engaged in 15 counts of identity theft. Respondent is permanently barred from mortgage originating
 
LHS MORTGAGE INC Lic# MO20310564
Against: Mortgage Originator Location: BURNSVILLE, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 6/20/2007
File # MO 2700860 JEK
Allegation:
Allege respondent engaged in 3 counts of mail and wire fraud. One count money laundering. Respondent is permanently barred from mortgage industry.
 
CHAD A CARLSON Lic# UP20628416
Against: Unlicensed Person Location: MONTICELLO, MN
Action: Other/Consent   
Signed: 7/9/2007 $5000 Fine
File # MO 2603482 BD
Allegation:
Resp falsified ancilliary loan documents.
 
KEITH DARNELL RENFROE Lic# RA20478352
Against: Real Estate Agent Location: COTTAGE GROVE, MN
Action: Censure/Consent   
Signed: 7/16/2007 $2000 Fine
File # MO 2605678 MPB
Allegation:
Allege Resp filed an application for a Real Estate Broker license which was false with respect to a material fact regarding his criminal history.
 
RENFROE KEITH Lic# MO20549495
Against: Mortgage Originator Location: MINNEAPOLIS, MN
Action: Censure/Consent   
Signed: 7/16/2007
File # MO 2605678 MPB
Allegation:
Allege Resp filed an application for a Mortgage Originator license which was false with respect to a material fact regarding his criminal history.
 
MOSES ANARIVA Lic# UP20628657
Against: Unlicensed Person Location: BLAINE, MN
Lic# UP20628661
Against: Unlicensed Person Location: BLAINE, MN
Action: Other/Consent   
Signed: 8/9/2007
File # MO 2701923 MPB
Allegation:
Allege Resp included false information related to income & occupancy status in mortgage applications. Resp PERMANENTLY BARRED from Mortgage Origination and Servicing.
 
TWIN CITIES FUNDING INC Lic# MO20594437
Against: Mortgage Originator Location: ROSEMOUNT, MN
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 8/13/2007
File # MO 2700387 JEK
Allegation:
Allege Resp participated in a scheme to defraud mortgage lenders and/or servicers. Resp is permanently barred from mortgage originating or servicing.
 
AMERICAN SUMMIT MORTGAGE CORPORATION Lic# MO20188454
d/b/a WEALTHSPRING MORTGAGE
Against: Mortgage Originator Location: BROOKLYN CENTER, MN
Action: Order for Hrg/Statement of Charges   
Signed: 8/17/2007
File # MO 2403520 MPB
Allegation:
Allege Resp engaged in fraudulent, deceptive, dishonest acitivity. Demonstrated untrustworthiness and financial irresponsibility.
 
MELISSA VOLK Lic# UP20628613
Against: Unlicensed Person Location: MANKATO, MN
Action: Other/Consent   
Signed: 8/29/2007
File # MO 2603157 MPB
Allegation:
Resp knowingly provided misleading info to lenders with regard to the variables of loan-to-value ratios and amount of seasoned funds held by borrowers. Resp is BARRED from residential mortgage origination and mortgage servicing.
 
GREEN ACRES MORTGAGE INC Lic# MO20429952
Against: Mortgage Originator Location: FRIDLEY, MN
Action: Other/Consent   
Signed: 8/29/2007 $3500 Fine
File # MO 2606512 MPB
Allegation:
Allege Resp failed to maintain competent staff and demonstrated incompetence in more than one part of the mortgage origination process.
 
LANDMARK MTG GROUP INC Lic# MO20341377
Against: Mortgage Originator Location: CHANHASSEN, MN
Action: Revocation/Consent Begin: 9/4/2007    End: Indefinite
Signed: 9/4/2007
File # MO 2606442 MPB
Allegation:
Allege Resp, William C. Johnson (owner of Landmark MTG Group), unlawfully obtained $20,000 on two occasions from his father's line of credit without his father's knowledge or consent.
 
WILLIAM CARLISLE JOHNSTON Lic# UP20626578
Against: Unlicensed Person Location: VICTORIA, MN
Action: Other/Consent Begin:    End: Indefinite
Signed: 9/4/2007
File # MO 2606442 MPB
Allegation:
Allege Resp unlawfully obtained $20,000 on two occasions from his father's line of credit without his father's knowledge or consent. Resp is BARRED from residential mortgage origination.
 
RAHMEEN UNDERWOOD Lic# UP20628932
Against: Unlicensed Person Location: MINNETONKA, MN
Action: Other/Consent   
Signed: 9/4/2007
File # MO 2606638 MPB
Allegation:
Allege Resp included false information related to income, employment, liabilities & occupancy status in numerous mortgage applications. Resp is permanently BARRED from mortgage origination and servicing.
 
ROBERT JOSEPH GAULKE Lic# UP20628696
Against: Unlicensed Person Location: ST CLOUD, MN
Action: Other/Consent   
Signed: 9/4/2007
File # MO 2701211 MPB
Allegation:
Allege Resp included false information related to liabilities and occupancy status in mortgage applications & thereby engaged in fraudulent, deceptive, dishonest acts. Resp is BARRED from residential mortgage origination and mortgage servicing.
 
HOME SWEET HOME EQUITY CORP Lic# MO20275270
d/b/a MORTGAGE & INVESTMENT CONSULTANTS
Against: Mortgage Originator Location: LITTLE CANADA, MN
Lic# RA20382590
Against: Real Estate Agent Location: NORTH OAKS, MN
TRENT CHRISTOPHER JONAS Lic# CL20376712
Against: Closer Location: NORTH OAKS, MN
JENNIFER M KALSOW FRANTZ Lic# CL20385742
Against: Closer Location: HAM LAKE, MN
HOME SWEET HOME EQUITY LLC Lic# MO20595606
d/b/a RED RIVER MORTGAGE
Against: Mortgage Originator Location: ST PAUL, MN
3E PROPERTIES LTD Lic# RC204377096
Against: Real Estate Company Location:
Action: Summary Suspension, Notice of   
Signed: 9/28/2007
File # MO 2703500 KB
Allegation:
Respondents failed to record over 3000 mortgages and related documents, failed to issue and deliver title insurance policies, failed to remit mortgage payoffs to prior lenders, and failed to remit title insurance premiums.
 
NEW DAY CAPITAL LLC Lic# MO20572682
Against: Mortgage Originator Location: CHANHASSEN, MN
Lic# UC20629302
Against: Unlicensed Company Location:
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 10/3/2007
File # MO 2703331 CLC
Allegation:
Allege Resp engaged in egregious conduct outlined in Hennepin Cty complaint dated 9/20/07 detailing 1 count Racketeering and 7 counts of theft by swindle to defraud mortgage lenders. Celeste Skaar permanently BARRED from mortgage originating/servcing
 
RICHARD SKAAR Lic# UC20629301
Against: Unlicensed Company Location:
Action: Other/Consent Begin:    End: Indefinite
Signed: 10/3/2007
File # MO 2703331 CLC
Allegation:
Allege Resp engaged in egregious conduct outlined in Hennepin Cty complaint dated 9/20/07 detailing 1 count Racketeering and 7 counts of theft by swindle to defraud mortgage lenders. Richard Skaar permanently BARRED from mortgage originating/servcing
 
CELESTE SKAAR Lic# RA40030655
Against: Real Estate Agent Location:
Action: Revocation/Consent Begin:    End: Indefinite
Signed: 10/3/2007
File # MO 2703331 CLC
Allegation:
Allege Resp engaged in egregious conduct outlined in Hennepin Cty complaint dated 9/20/07 detailing 1 count of Racketeering and 7 counts of theft by swindle to defraud mortgage lenders.
 
ELMAHDY SHERIF Lic# MO20400606
d/b/a METROPOLITAN FINANCIAL MORTGAGE COMPANY
Against: Mortgage Originator Location: BURNSVILLE, MN
Action: Suspension/Consent Begin: 10/1/2007    End: 1/1/2008
Signed: 10/15/2007
File # MO 2700968 MPB
Allegation:
Allege Resp failed to disclose criminal charges and convictions on mortgage originator license application and failed to respond to Department's requests for information.
 
MATTHEW DAVID COLE Lic# UP20629274
Against: Unlicensed Person Location: SACRAMENTO, CA
Action: Cease & Desist/Consent   
Signed: 11/6/2007
File # MO 2702286 MPB
Allegation:
Allege Resp created and disseminated an advertisement relating to the business of residential mortgage loans that was deceptive and misleading.
 
TWIN CITIES MORTGAGE GROUP INC Lic# MO20397088
Against: Mortgage Originator Location: FOREST LAKE, MN
Action: Revocation/Consent Begin: 12/20/2007    End: Indefinite
Signed: 12/20/2007
File # MO 2702546 MPB
Allegation:
Allege Resp employed a convicted felon without obtaining a Waiver of Prior Consent from the Commissioner.
 
BRENDA RENE TEICH Lic# UC20629783
Against: Unlicensed Company Location:
Action: Censure/Consent Begin:    End: Indefinite
Signed: 12/20/2007
File # MO 2702546 MPB
Allegation:
Allege Resp's mortgage originator company (Twin Cities Mortgage Group) employed a convicted felon without obtaining a Waiver of Prior Consent from the Commissioner.