Date: | 04/23/2019 |
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Organization: | Division of Banks |
Location: | Parsippany, New Jersey |
Commonwealth of Massachusetts
Suffolk, SS.
Commissions of Banks
Debt Collector Licensing
In the matter of First American Trust, LLC Parsippany, New Jersey
The Commissioner of Banks (Commissioner) is charged with the administration of Massachusetts General Laws chapter 93, sections 24 through 28, inclusive, and applicable regulations found at 209 CMR 18.00 et seq., governing the licensing and supervision of debt collectors. Pursuant to the authority granted by Massachusetts General Laws chapter 93, sections 24 through 28, the Commissioner has investigated the activities of First American Trust, LLC (First American Trust or Company) with an address of 1055 Parsippany Boulevard, Parsippany, New Jersey, to determine if First American Trust has engaged in, or is engaged in, or is about to engage in, acts or practices constituting violations of Massachusetts General Laws chapter 93. Based upon such investigation, the Division of Banks (Division) hereby issues the following CEASE DIRECTIVE (Directive) as a result of the findings alleged herein.