On March 26, the Connecticut Banking Department issued a consent order against a lead generation company for operating as a mortgage lead generator in the state without the required license from at least February 2020 to April 2025. The company had previously entered into a 2020 consent order requiring it to cease and desist from unlicensed lead generation activities in Connecticut, but the department alleged the company continued to operate without obtaining the necessary license.

The department discovered the violation during an April 2025 examination of a licensed Connecticut mortgage lender, which produced records purportedly identifying the company as a third-party lead generator for mortgage lending activities. The company represented that it had contracted with a third party to complete the licensure process after the 2020 consent order and operated under a good-faith belief that the license had been obtained and maintained. The company also represented that it had no active Connecticut consumer complaints, no evidence of consumer harm existed, and that as of December 31, 2025, it had surrendered all mortgage industry licenses and was winding down mortgage operations nationwide. Under the consent order, the company agreed to cease and desist from engaging in unlicensed lead generation activities in Connecticut and to pay a $50,000 civil penalty. The company entered into the order without admitting or denying the allegations, waiving its right to a hearing and judicial review.