By the Division of Banks

COMMONWEALTH OF MASSACHUSETTS

Suffolk, SS.

COMMISSIONER OF BANKS
MORTGAGE LOAN ORIGINATOR
LICENSING
Docket No. 2010-314-CO

CONSENT ORDER

In the Matter of

TODD RYAN KEPLER


WHEREAS, TODD RYAN KEPLER ("Todd Kepler"), has been advised of his right to Notice and Hearing pursuant to Massachusetts General Laws chapter 30A, section 10 and chapter 255F, section 11, and having waived those rights, entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF A CONSENT ORDER ("Consent Agreement") with representatives of the Division of Banks ("Division") dated November 17, 2010, whereby, solely for the purpose of settling this matter, Todd Kepler agrees to the issuance of this CONSENT ORDER ("Consent Order") by the Commissioner of Banks ("Commissioner");

WHEREAS, the Division, through the Commissioner, has jurisdiction over the licensing and regulation of persons and entities engaged in the business of a mortgage loan originator in Massachusetts pursuant to Massachusetts General Laws chapter 255F, section 2;

WHEREAS, on September 10, 2009, pursuant to the authority granted under Massachusetts General Laws chapter 255E, section 8, the Division commenced an examination/inspection ("examination/inspection") of the books, accounts, papers, records, and files maintained by Wyndham Capital Mortgage, Inc., Charlotte, North Carolina, license no. MB3721;

WHEREAS, the Division's review of books and records during the examination/inspection revealed that Todd Kepler originated one (1) Massachusetts residential mortgage loan application on behalf of Wyndham Capital Mortgage, Inc.;

WHEREAS, according to Todd Kepler's record in the Nationwide Mortgage Licensing System ("NMLS"), he has never applied for or obtained a Massachusetts mortgage loan originator license; and

WHEREAS, the parties now seek to resolve by mutual agreement, the aforementioned matters.

ORDER

NOW COME the parties in the above-captioned matter, the Division and Todd Kepler, and stipulate and agree as follows:

  1. Todd Kepler shall immediately cease engaging in the activities of a mortgage loan originator as defined in Massachusetts General Laws chapter 255F, section 1, for any entity until he obtains a mortgage loan originator license in Massachusetts and proper sponsorship from an employing entity through the NMLS, unless he qualifies for one of the seven exceptions to the mortgage loan originator's licensing requirements enumerated in the Division's regulation 209 CMR 41.03.
  2. On or before the thirtieth day after the effective date of this Consent Order, Todd Kepler shall submit a payment of one thousand dollars ($1,000.00) in satisfaction of an administrative penalty collected in consideration of Todd Kepler originating a residential mortgage loan without being licensed as a mortgage loan originator in Massachusetts. Todd Kepler shall remit payment in full of the amount indicated above, payable to the "Commonwealth of Massachusetts", to the Office of the Commissioner of Banks, 1000 Washington Street, 10 th Floor, Boston, Massachusetts 02118.
  3. This Consent Order shall become effective immediately upon the date of its issuance.
  4. The provisions of this Consent Order shall remain effective and enforceable except to the extent that, and until such time as, any provisions of this Consent Order shall have been modified, terminated, suspended, or set aside by the Commissioner or upon an order of a court of competent jurisdiction.
  5. This Consent Order and the Consent Agreement are the complete documents that represent the resolution of this matter. There are no other agreements, promises, representations, or warranties other than those set forth in this Consent Order and the Consent Agreement.

BY ORDER AND DIRECTION OF THE COMMISSIONER OF BANKS.

Dated at Boston, Massachusetts, this 17th day of November, 2010

By: Steven L. Antonakes
Commissioner of Banks
Commonwealth of Massachusetts