Connecticut TV Station Finds Felon Originating Mortgages; State Caught With Pants Down

The WFSB-TV Channel 3 I-Team (Hartford, Connecticut) has found convicted felons originating mortgage loans in the state of Connecticut. They discovered that Kyle Gwynn, a registered felon in Florida, was working as a loan officer in Connecticut. Gwynn had pleaded guilty in Florida to stealing money from a former employer. Reportedly, Gwynn was hired as a loan officer in May 2005, but his registration application was not received for almost 18 months.

For the full story (including a link to the I-Team Video Report by Len Besthoff), reported by WFSB-TV Channel 3 on their website, see:

Conn. Blind To Loan Officers' Backgrounds
(Registered Felon Found Writing Loans)

Senator Troubled By Loan-Officer Registration
(Changes May Be Made To Process Of Registering Loan Officers)
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