Consent order entered in connection with violations of the Arkansas Fair Mortgage Lending Act pertaining to inflating the borrower’s income on mortgage loan applications.
ARKANSAS FAIR MORTGAGE LENDING ACT, ARK. CODE ANN. § 23-39-505(f)(1)
07/31/2009
Order prescribing surety bond requirements under the Fair Mortgage Lending Act pursuant to Section 11 of Act 731 of 2009.
1st AAA REVERSE MORTGAGE, INC., d/b/a REVERSE MORTGAGE USA
07/30/2009
Consent order entered in connection with violations of the Arkansas Fair Mortgage Lending Act pertaining to unlicensed mortgage loan activity.
CLEAN TECHNOLOGY INTERNATIONAL CORPORATION et. al
07/30/2009
The Pulaski County Circuit Court, 6th Division, issued a temporary restraining order against Clean Technology International Corporation et. al. The order granted the Securities Commissioner’s request to freeze the assets of defendants Wm. Darrell Lainhart, Irene M. F. Lainhart, Clean Technology International Corporation and Diamond Capital Corporation.
21st CENTURY LEGAL SERVICES, INC.
07/29/2009
The Pulaski County Circuit Court 6th Division grants an order for temporary injunction against 21st Century Legal Services, Inc.
KGI BP JOHNSON OFFSET JOINT VENTURE
07/28/2009
Consent order entered in connection with a violation of the Arkansas Securities Act pertaining to the sell of unregistered securities.
KEY FINANCIAL CORPORATION
07/28/2009
Consent order entered in connection with violations of the Arkansas Fair Mortgage Lending Act pertaining to unlicensed mortgage loan activity.
RESIDENTIAL LOAN CENTERS OF AMERICA, INC. LICENSE NO. 15843
07/14/2009
Order summarily suspending the license of Residential Loan Center of America, Inc. alleging that the company failed to maintain a surety bond as required by Fair Mortgage Lending Act (“Act”), Ark. Code Ann. §§ 23-39-501 through 23-39-518.
21st CENTURY LEGAL SERVICES, INC., SANDY AYALA A/K/A SANDI AYALA, AND MICHAEL HERRIED
06/24/2009
Order directing 21st Century Legal Services, Inc., Sandy Ayala a/k/a Sandi Ayala, and Micheal Herried to immediately cease and desist from all mortgage loan activity in Arkansas until properly licensed.