Division of Banks v. Marla Taher Abdulnoor - Consent Order
Summary
The Massachusetts Division of Banks has issued a consent order against Marla Taher Abdulnoor, a licensed mortgage loan originator. The order stems from alleged failure to disclose a material fact in connection with her NMLS disclosures, following a prior order from the FDIC. Abdulnoor has agreed to refrain from all mortgage loan originator activities in Massachusetts.
What changed
The Massachusetts Division of Banks has issued a Consent Order against Marla Taher Abdulnoor, a licensed mortgage loan originator (MLO), Docket Number 2025-011. The order, dated July 15, 2025, alleges that Abdulnoor failed to disclose material facts in violation of state regulations (209 CMR 41.10(13) and 41.10(21)), specifically concerning an "Order to Pay" issued by the FDIC on January 12, 2024. Abdulnoor initially received her MLO license on August 8, 2022, and subsequently updated her NMLS disclosures on November 22, 2024, after her license was renewed for 2025. She later requested the surrender of her license on December 13, 2024.
As a result of this Consent Order, Marla Taher Abdulnoor is immediately prohibited from negotiating, soliciting, arranging, providing, or accepting any Massachusetts residential mortgage loan applications, or otherwise operating as a mortgage loan originator. This action serves as a binding resolution to the alleged violations and effectively revokes her ability to operate as an MLO within the state. Regulated entities and individuals should note the importance of timely and accurate disclosure of material facts and prior enforcement actions to regulatory bodies.
What to do next
- Ensure all mortgage loan originators are aware of disclosure requirements and prior enforcement actions.
- Review internal processes for timely disclosure updates to NMLS and state regulators.
Penalties
Prohibition from operating as a mortgage loan originator in Massachusetts.
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