DOB: Annette Serina Webley, Denial of Mortgage Loan Originator License

June 2, 2009
 
FIRST CLASS AND CERTIFIED MAIL
 

Ms. Annette Serina Webley
344 North Main Street
Ansonia, CT 06401
 
Re: Denial of Mortgage Loan Originator License
 
Dear Ms. Webley:
 
On December 31, 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 Eagle Mortgage Group, LLC, 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.”
 
In response to Question 8(D)(2) of the Form MU4, which asked, “[h]ave you ever: . . . (2) been charged with any felony?”, you answered, “[n]o.”
 
In response to Question 8(F)(1) of the Form MU4 which asked, “(1) Have you ever been convicted or pled guilty or nolo contendere (‘no contest’) in a domestic, foreign, or military court to a misdemeanor involving: financial services or a financial services-related business; any fraud, false statements, or omissions; any theft or wrongful taking of property; bribery; perjury; forgery; counterfeiting; extortion; or a conspiracy to commit any of these offenses?”, 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: (1) convicted of larceny 4th degree (class A misdemeanor) on November 3, 1995; and (2) arrested on September 28, 1989 and originally charged with two counts of credit card theft (class D felony) and one charge of risk of injury (class U felony), and that you were convicted of one count of credit card theft (class D felony) on December 19, 1989.  
 
Based on the facts mentioned above, I find that you have made material misstatements 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/SV/td
 
Certified Mail No. 7007 1490 0004 3509 6928
 
cc: Eagle Mortgage Group, LLC