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The Commissioner of Banks ("Commissioner") having determined that THE MORTGAGE SPECIALISTS, INC., ("Mortgage Specialists" or the "Corporation"), with its main business office located at 2 Main Street, Plaistow, New Hampshire, has engaged in, or is engaged in, or is about to engage in, acts or practices constituting violations of Massachusetts General Laws chapter 255E, and applicable regulations found at 209 CMR 42.00 et seq., hereby issues the following FINDINGS OF FACT AND TEMPORARY ORDER TO CEASE AND DESIST ("Temporary Order") pursuant to General Laws chapter 255E section 7(b).
FINDINGS OF FACT
After taking into consideration the FINDINGS OF FACT and CONCLUSIONS OF LAW stated herein, it is hereby:
BY ORDER AND DIRECTION OF THE COMMISSIONER OF BANKS
Dated at Boston, Massachusetts, this 31th day of July, 2008.
By: Steven L. Antonakes
Commissioner of Banks