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Revocation of loan officer registration, LO#19104
July 9, 2008
Ryan Witmer
50 Pond Road
Eddington, ME 04428
Sent via Regular and Registered Mail
Re: Revocation of loan officer registration, LO#19104
Dear Mr. Witmer:
Our office is responsible for administering the mortgage loan officer registration program in the State of Maine.
The BCCP was notified by the Penobscot District Attorneys office and your employer, Dedicated Mortgage Associates, LLC that you were involved in a domestic dispute that resulted in charges of aggravated attempted murder, elevated aggravated assault, aggravated assault, burglary and assault on a police officer.
A loan officer qualifies for registration only if he or she exhibits the appropriate character and fitness to warrant belief that they will perform their duties honestly and fairly within the purposes of Maine law.
In addition, all loan officers must be affiliated with a licensed lender or loan broker. Your former employer has notified us that your employment at that business has been terminated.
In our opinion, these allegations disqualify you from eligibility for employment as a mortgage loan officer. Our computer system has been programmed to prevent renewal of your registration.
Under the Maine Consumer Credit Code, you have the right to request a hearing on this refusal to renew your registration. If you notify our office in writing within 30 days of your receipt of this correspondence, then within 15 days after receipt of your written request for a hearing, this matter will be scheduled for administrative hearing.
Sincerely,
Julie F. Haefele,
Principal Examiner, for
William N. Lund, Superintendent
cc: Dedicated Mortgage Associates, LLC
1 Crosswoods Path Blvd, Suite 2A
Merrimack, NH 03054