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CT judge upholds penalties against East Hartford mortgage firm

A Connecticut judge ruled the state Department of Banking did not overstep its authority in sanctions on East Hartford mortgage firm 1st Alliance. ....

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Court Upholds Conn. Banking Department Actions Vs. 1st Alliance

Court Upholds Conn. Banking Department Actions Vs. 1st Alliance
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Court reviews LO licensing decision from state banking department

A Connecticut Superior Court Judge has reviewed a long-running legal dispute that could define the role loan officers in direct mortgage operations play in originations. ....

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One-time CT mortgage lender loses case at state Supreme Court; promises to keep fighting 'regulatory creep'

John DiIorio’s 1st Alliance Lending was booming three years ago after being financed by $1.5 million in state business development money. But that ended precipitously in 2019 – and the state lost its investment – when state bank regulators said his business plan, the basis of the development money, violated lending laws. ....

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State Supreme Court rules against defunct mortgage lender over license suspension

After state Supreme Court rules in favor of the Department of Banking, a former mortgage. ....

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