DOB: Eugene Haynes III, Denial of Mortgage Loan Originator License

March 9, 2009
 
FIRST CLASS AND CERTIFIED MAIL
 

Mr. Eugene Haynes III
916 Windsor Avenue
Windsor, CT 06095
 
Re: Denial of Mortgage Loan Originator License
 
Dear Mr. Haynes:
 
On August 27, 2008, you filed a Form MU4, “Uniform Individual Mortgage License/Registration & Consent Form” (“Form MU4”), with the Nationwide Mortgage Licensing System seeking to obtain a mortgage loan originator license in Connecticut.  Your sponsoring company is The Mortgage Finance Corp., which is currently licensed as a mortgage broker under Part I of Chapter 668 of the Connecticut General Statutes, “Mortgage Lenders, Correspondent Lenders, Brokers and Loan Originators”.  Pursuant to Section 36a-489(b) of the Connecticut General Statutes, I hereby deny the license for the reason set forth below.
 
Section 36a-489(b) of the Connecticut General Statutes requires me to license a mortgage loan originator unless I find, among other things, that the mortgage loan originator has made a material misstatement in the application for a mortgage loan originator license.  If I deny the license, I must notify the proposed mortgage loan originator of the denial and the reasons for such denial.
 
In response to Question 8(D)(1) of the Form MU4, which asked “[h]ave you ever:  (1) been convicted of or pled guilty or nolo contendere (‘no contest’) in a domestic, foreign, or military court to any felony?”, you answered “[n]o”.  Pursuant to the authority granted to me by Section 36a-17 of the Connecticut General Statutes, I have reviewed your criminal history record in Connecticut, which disclosed that you were convicted of attempted murder on March 26, 1996 (Class A felony), and were sentenced to twenty (20) years jail, sixteen (16) years to serve and five (5) years probation.  Your criminal history also disclosed that you were convicted of attempted murder on May 30, 1996 (Class A felony), and were sentenced to twenty (20) years jail, sixteen (16) years to serve concurrent and five (5) years probation.
 
Based on the facts mentioned above, I find that you have made a material misstatement in your application for a mortgage loan originator license.  Therefore, I am unable to grant you a license as a mortgage loan originator.
 
Very truly yours,
 
Howard F. Pitkin
Banking Commissioner
HFP/DK/td
 
Certified Mail No. 7099 3400 0009 0180 2802
 
cc: The Mortgage Finance Corp.