Illinois Department of Financial and Professional Regulation
Illinois Department of Financial and Professional Regulation
Illinois Department of Financial and Professional Regulation
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Mortgage & Investment Consultants, Inc., St. Paul, MN – fined $75,000 per Consent<br />
Order & Settlement <strong>of</strong> All Matters.<br />
Strategic Lending, Inc., St. Louis, MO – fined $2,000 per Consent Order & Settlement<br />
<strong>of</strong> All Matters.<br />
Universal Mortgage Services, LLC, Carpentersville – residential mortgage license<br />
(MB.6759670) suspended <strong>and</strong> fined $25,000 for improper loan originator activities <strong>and</strong> causing<br />
financial injury to borrowers. (This Order is currently under Appeal)<br />
LOAN ORIGINATOR<br />
Durrel M. Castile, Chicago – LO License (031.0011828) revoked for a conviction that<br />
was financially related <strong>and</strong> would be grounds for denial at the point <strong>of</strong> original application.<br />
Jeremiah N. Clement, Hanover Park – ordered to cease <strong>and</strong> desist from performing<br />
loan originator activities without a loan originator registration <strong>and</strong> fined $15,000.<br />
Karmel Kifarkis, Chicago – LO License (031.0001884) suspended for 180 days <strong>and</strong><br />
fined $15,000 for allowing a loan to be originated with registrant’s name <strong>and</strong> registration number<br />
<strong>and</strong> without registrant actually working on the loan file. (This order is currently under appeal)<br />
Javier Mendoza, H<strong>of</strong>fman Estates – LO License (031.0000420) fined $20,000 <strong>and</strong><br />
revoked for knowingly using a name <strong>and</strong> registration number belonging to another loan originator<br />
<strong>and</strong> knowingly submitting fraudulent information to lenders to conceal his personal conflict <strong>of</strong><br />
interest in the transactions. (This order is currently under appeal)<br />
Julian Mendoza, H<strong>of</strong>fman Estates – ordered to cease <strong>and</strong> desist from performing loan<br />
originator activities without a loan originator registration <strong>and</strong> fined for $15,000. (This order is<br />
currently under appeal)<br />
Gregory Pusch, Chicago – LO license (031.0000697) suspended for 180 days <strong>and</strong> fined<br />
$15,000 for thwarting a <strong>Department</strong> investigation <strong>and</strong> aiding a licensee in concealing violations.<br />
(This order is currently under appeal)<br />
Patricia Vargas, H<strong>of</strong>fman Estates – LO license (031.0010693) fined $20,000 <strong>and</strong> revoked<br />
for knowingly allowing loans to be originated with Registrant’s name <strong>and</strong> Registration without<br />
Registrant actually working on the loan file. (This order is currently under appeal)<br />
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