Petitioner: ASSERTIVE MORTGAGE, LLC
Respondent: OFFICE OF FINANCIAL REGULATION
Judges: G. W. CHISENHALL
Agency: Office of Financial Regulation
Locations: Tallahassee, Florida
Filed: Feb. 18, 2021
Status: Set for Hearing by Zoom Conference.
Latest Update: Dec. 23, 2024
Summary: Whether Assertive Mortgage LLC’s (“Assertive Mortgage”) application for a mortgage broker license should be granted.1 1 Unless stated otherwise, all statutory references shall be to the 2020 version of the Florida Statutes. See generally McClosky v. Dep’t of Fin. Serv., 115 So. 3d 441 (Fla. 5th DCA PRELIMINARY STATEMENT Via a Notice of Intent to Deny dated December 30, 2020, the Office of Financial Regulation (“OFR”) provided notice that it intended to deny Assertive Mortgage’s application for m
Summary: Whether Assertive Mortgage LLC’s (“Assertive Mortgage”) application for a mortgage broker license should be granted.1 1 Unless stated otherwise, all statutory references shall be to the 2020 version of the Florida Statutes. See generally McClosky v. Dep’t of Fin. Serv., 115 So. 3d 441 (Fla. 5th DCA PRELIMINARY STATEMENT Via a Notice of Intent to Deny dated December 30, 2020, the Office of Financial Regulation (“OFR”) provided notice that it intended to deny Assertive Mortgage’s application for mortgage broker licensure. In support thereof, OFR alleged that Assertive Mortgage failed to disclose in its application that the loan originator license of its sole owner, Toshia Parrish, had been revoked in 2009. Section 494.00321(5), Florida Statutes, provides, in pertinent part, that OFR “shall deny a license if any of the applicant’s control persons has had a loan originator license, or its equivalent, revoked in any jurisdiction.”Section 494.00321(5), Florida Statutes, required that the application at issue be denied.
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