“ny oo a% Bo, “2, eo Six, SO QO to, & “iv, “O, STATE OF FLORIDA CO, GH, OFFICE OF FINANCIAL REGULATION “ @ % op IN RE: Administrative Proceeding Docket Number: GISLASON, JOHN LAWRENCE 68652 | 71 - 244 TP Respondent ADMINISTRATIVE COMPLAINT. The State of Florida, Office of Financial Regulation, (“Office”) files this Administrative Complaint against GISLASON, JOHN LAWRENCE (“Respondent”), alleging: GENERAL ALLEGATIONS i. Pursuant to section 494.001, Florida Statutes, the Office is charged with administering and enforcing the provisions of Chapter 494, Florida Statutes. 2. Atno time material was Respondent licensed as a loan originator, mortgage lender or mortgage broker pursuant to Chapter 494, Florida Statutes. 3. Section 494.00255(1)(p), Florida Statutes, states that it is a violation to act as a loan originator, mortgage broker, or mortgage lender without a current license issued under part II or part III of Chapter 494, Florida Statutes. 4. Section 494.001(18), Florida Statutes, defines ‘loan originator’ as: [A]n individual who, directly or indirectly, solicits or offers to solicit a mortgage loan, accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiate the terms or conditions of a new or existing mortgage loan on behalf of a borrower or lender, or negotiates or offers to negotiate the sale of an existing mortgage loan to a noninstitutional investor for compensation or gain. Gislason, John Lawrence Page 1 of 4 5. From June 18, 2014 through July 16, 2014, Respondent acted as a loan originator for compensation or gain, in violation of section 494.00255(1)(p), Florida Statutes. 6. Pursuant to section 494.00255(2)(f), Florida Statutes, an unlicensed person who acts as a loan originator is subject to an administrative fine of up to $1,000 per day, but not to exceed $25,000 cumulatively. 7. Therefore, the Office is seeking a fine of $25,000. WHEREFORE, Respondent, GISLASON, JOHN LAWRENCE is hereby notified that the Office intends to enter an Order imposing an administrative fine of $25,000.00. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Gislason, John Lawrence Page 2 of 4 NOTICE OF RIGHTS The licensee is entitled to be represented by counsel or other qualified representative. The licensee also has the right to request a hearing pursuant to sections 120.569 and 120.57, Florida Statutes. Such request must comply with Rules 28-106.2015 and 28-106.104, Florida Administrative Code. An Election of Proceeding form is attached for your convenience. Any such request must be filed as follows: By Mail or Facsimile OR By Hand Delivery Agency Clerk Agency Clerk Office of Financial Regulation Office of Financial Regulation P.O. Box 8050 General Counsel’s Office Tallahassee, Florida 32314-8050 The Fletcher Building, Suite 118 Phone: (850) 410-9889 101 East Gaines Street Fax: (850) 410-9663 Tallahassee, Florida 32399-0379 Phone: (850) 410-9889 TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITHIN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE LICENSEE’S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. You may not make an oral request for an administrative hearing. With regard to a written request, if you fail to follow the outlined procedure, your request may be dismissed. Any request for an administrative proceeding received prior to the date of this notice is deemed abandoned and to be considered, must be timely renewed in compliance with the procedure set forth above. Mediation of this matter pursuant to section 120.573, Florida Statutes, is not available. Gisiason, John Lawrence Page 3 of 4 400 W. Robinson St., S-225 Orlando, Florida 32801-1799 (407) 245-0601; fax (407) 245-0806 jennifer.lozano@flofr.com 91 7199 9991 7036 989? 4¥20h Gislason, John Lawrence Page 4 of 4

Docket for Case No: 17-002447PL