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ARTICLE · 21 APRIL 2026

Connecticut Penalizes Unlicensed Mortgage Lead Generation Activity

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Connecticut's Department of Banking has taken enforcement action against a lead-generation company for conducting mortgage lead-generation activities without proper state licensing, marking the second time the company has faced such allegations. The case highlights ongoing regulatory scrutiny of licensing compliance in the consumer financial services sector and the consequences of operating without required state authorizations.

United StatesFinance and Banking
A.J. Dhaliwal
A.J. Dhaliwal
Mehul Madia
Mehul Madia
Maxwell Earp-Thomas
Maxwell Earp-Thomas
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On March 26, the Connecticut Department of Banking entered into a consent order with a lead-generation company, alleging that the company engaged in mortgage lead-generation activity in Connecticut without the required license under the state’s Mortgage Lenders, Correspondent Lenders, Brokers and Loan Originators law. The order also alleges that the company had previously agreed in a 2020 consent order to stop engaging in unlicensed lead-generation activity in the state.

According to the consent order, the state identified the alleged activity during an examination of a Connecticut mortgage lender licensee, which produced records showing a lead-generation relationship with the company. The order states that the company had once been licensed as a mortgage broker in Connecticut, failed to renew that license in 2015, and later filed a 2019 application to obtain a Connecticut lead-generator license, which was ultimately classified as withdrawn. 

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