DOB: Willie James Wimbush Jr., Denial of Mortgage Loan Originator License

January 27, 2010
 
FIRST CLASS AND CERTIFIED MAIL
 

 
Mr. Willie James Wimbush Jr.
7298 Meadowbrook Way
Northfield, OH 44067
 
Re: Denial of Mortgage Loan Originator License
 
Dear Mr. Wimbush:
 
On July 10, 2009, 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.  At that time, your sponsoring company was United Capital Lenders LLC, which sponsorship was removed on August 6, 2009.  Because you are not presently sponsored by a licensed mortgage lender, mortgage correspondent lender or mortgage broker, I am prohibited from issuing you an active mortgage loan originator license.  In addition, pursuant to Section 36a-489 of the Connecticut General Statutes, as amended by Public Acts 09-207, 09-208 and 09-209, I hereby deny the license for the reasons set forth below.
 
Section 36a-489(b)(1)(B) of the Connecticut General Statutes, as amended, prohibits me from issuing an initial license for a mortgage loan originator unless I find at a minimum, among other things, that the applicant has “notwithstanding the provisions of section 46a-80, . . . not been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign or military court during the seven-year period preceding the date of the application for licensing or at any time preceding such date of application if such felony involved an act of fraud, dishonesty, a breach of trust, or money laundering, provided any pardon of a conviction shall not be a conviction for purposes of this subdivision.”  If I deny the license, I must notify the applicant of the denial and the reasons for such denial.
 
Pursuant to the authority granted to me by Section 36a-17 of the Connecticut General Statutes, I have reviewed your criminal history record, which disclosed that on December 16, 1994, you pled guilty to one felonious count of attempted robbery, among other felonies.  Because the attempted robbery conviction involved an act of dishonesty, I am prohibited by law from issuing you a mortgage loan originator license.  Please be advised that I have taken into consideration your Application for Executive Clemency dated April 22, 2008, filed with the Ohio Parole Board seeking to obtain a pardon of your felony convictions.  However, pursuant to Section 36a-489(b)(1)(B) of the Connecticut General Statutes, as amended, at this time, I am unable to issue you a mortgage loan originator license absent a pardon of the above-referenced attempted robbery felony conviction.
 
For the reason stated above, I am unable to issue you a mortgage loan originator license.
 
Very truly yours,
 
Howard F. Pitkin
Banking Commissioner
 
HFP/DK/td
 
Certified Mail No. 7009 1680 0001 0071 8673