BFI Transcript 1

COMMONWEALTH OF VIRGINIA, ex rel . vs . SECURITY TRUST MORTGAGE, LLC
Proceedings on 09/11/2013 Page 18
1 default judgment automatically follows default for
2 failure to properly file a responsive pleading, nor
3 does the failure to properly file a response through
4 an attorney unfairly prejudice the Bureau . The
5 Bureau should be well aware of the position of
6 Security Trust in this matter .
7 Security Trust is properly represented
8 today and should be prepared to offer a defense
9 against the allegations in the rule . So, despite
10 the failure to properly file through an attorney
11 appropriate pleadings in this case, I will not grant
12 the Bureau's request to enter judgment by default on
13 the allegations in the rule and revoke Security
14 Trust's mortgage broker license at this time . That
15 motion is denied .
16 As a side note, I must be clear since we
17 have a consolidated record here that the default
18 finding only relates to Security Trust in the rule
19 case and does not affect the second case, which
20 involves Mr . McDonald's appeal of the Bureau's
21 appeal of his denial of his license application .
22 MR . BALDWIN : Thank you, Your Honor .
23 HEARING EXAMINER : Okay . The next item or
24 items on my preliminary agenda is the Bureau's
25 motion to admit requests for admissions and Mr .
Huseby, Inc .
www.huseby.com
4860 Cox Road, Suite 200, Glen Allen, VA 23060 (804) 755-4200