March 9, 2009
FIRST CLASS AND CERTIFIED MAIL
Ms. Audrey Lucretia Taylor
115 Rose Hill Avenue, Apt. 2
Danbury, CT 06810
Re: Denial of Mortgage Loan Originator License
Dear Ms. Taylor:
On September 2, 2008, Primerica Financial Services Home Mortgages, Inc. (“Primerica”) filed a Form MU4, “Uniform Individual Mortgage License/Registration & Consent Form” (“Form MU4”), with the Nationwide Mortgage Licensing System seeking to license you as a mortgage loan originator in Connecticut. Primerica 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 applicant and the proposed mortgage loan originator of the denial and the reasons for such denial.
In response to Question 8(F)(1) of the Form U4, which asked, in pertinent part, “[h]ave you ever been convicted or pled guilty or nolo contendere (‘no contest’) in a domestic, foreign, or military court to a misdemeanor involving . . . any theft of wrongful taking of property ...?”, 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, among other crimes, on April 23, 2002, you were convicted of larceny in the sixth degree (Class C misdemeanor), and were sentenced to thirty (30) days jail.
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
Certified Mail No. 7099 3400 0009 0180 2734
cc: Primerica Financial Services Home Mortgages, Inc.