COMMONWEALTH OF MASSACHUSETTS
COMMISSIONER OF BANKS
MORTGAGE LENDER AND
Docket No. 2009-118-OTTOCD
ORDER TERMINATING TEMPORARY
ORDER TO CEASE AND DESIST
In the Matter of
1st NEW ENGLAND MORTGAGE CORP.
d/b/a 1st MASSACHUSETTS MORTGAGE CO.
Nashua, New Hampshire
Mortgage Company License No(s). MC4587 et al.
WHEREAS, pursuant to General Laws chapter 255E, section (7)(b) and chapter 255F, section 8(b), the Commissioner of Banks issued a FINDINGS OF FACT AND TEMPORARY ORDER TO CEASE AND DESIST, Docket No. 2009-118 (the "Temporary Order"), against 1 st New England Mortgage Corp. d/b/a 1 st Massachusetts Mortgage Co. ("1 st Massachusetts" or the "Licensee") on October 6, 2009, based upon the Licensee's failure to obtain and maintain a surety bond, in violation of 209 CMR 42.03(2)(a); and
WHEREAS, in response to the issuance of the Temporary Order, 1 st Massachusetts has obtained and filed with the Division the required surety bond(s) in accordance with the applicable regulations and regulatory bulletins.
IT IS HEREBY ORDERED, that the Temporary Order issued against 1 st Massachusetts, a licensed mortgage lender and mortgage broker under Massachusetts General Laws chapter 255E, section 2, on October 6, 2009, pursuant to Massachusetts General Laws chapter 255E, section 7(b) and chapter 255F, section 8(b), be, and hereby is terminated.
BY ORDER AND DIRECTION OF THE COMMISSIONER OF BANKS.
Dated at Boston, Massachusetts, this 13th day of October, 2009
By: Steven L. Antonakes
Commissioner of Banks
Commonwealth of Massachusetts