Maryland Financial Regulation Enforcement Actions 2022

MD Securities Enforcement

Filed December 14th, 2022

Detected March 17th, 2026

Summary

The Maryland Department of Labor's Division of Financial Regulation has published a list of enforcement actions taken in 2022. These actions include consent orders and settlement agreements related to banking, mortgage assistance relief services, consumer lending, debt management, and mortgage loan originating.

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What changed

The Maryland Department of Labor's Division of Financial Regulation has compiled its enforcement actions for 2022, detailing various cases including consent orders and settlement agreements. These actions address regulated activities such as banking, mortgage assistance relief services, consumer lending, debt management, and mortgage loan originating, with specific case names and PDF links provided for each action. The document serves as a record of regulatory oversight and disciplinary measures taken against financial entities operating within the state.

Regulated entities and legal professionals should review these actions to understand the types of violations and the outcomes imposed by the Maryland Division of Financial Regulation. While specific penalties are not detailed in this summary list, the nature of the orders (Consent Order, Settlement Agreement, Final Order) indicates regulatory findings and resolutions. Companies involved in banking, consumer lending, debt management, and mortgage origination in Maryland should be aware of these precedents to ensure ongoing compliance with state financial regulations.

What to do next

Review 2022 Maryland enforcement actions for relevant regulated activities.
Consult specific PDF documents for details on violations and resolutions.
Ensure compliance with Maryland financial regulations concerning banking, consumer lending, and mortgage services.

Source document (simplified)

Enforcement Actions 2022 - Financial Regulation

Enforcement actions are available in Portable Document Format (PDF) for calendar years 2011 to the present. If you wish to obtain a copy of an enforcement action for which a PDF is not available or need other assistance, please e-mail [email protected].

For help finding an enforcement action for a specific business or individual, please use the Search bar at the top of the page (this will search all of the pages on the Maryland Dept. of Labor website).

| Date | Type of Order | Regulated Activity | Case Name |
| --- | --- | --- | --- |
| 12/14/2022 | Consent Order | Banking | IN THE MATTER OF FORBRIGHT BANK, POTOMAC, MARYLAND (PDF) |
| 07/13/2022 | Settlement Agreement and Consent Order | Mortgage Assistance Relief Services | IN THE MATTER OF PHANTOM VENTURES INC. d/b/a DIRECT SERVICES-FINANCIAL COUNSELING GROUP.COM, and PAYAM P. MANTIVAR, and VECK MATIN (PDF) |
| 06/07/2022 | Settlement Agreement and Consent Order | Consumer Lending | IN THE MATTER OF TEMPOE, LLC, d/b/a WHY NOT LEASE IT and SMART PAY LEASING, INC. (PDF) |
| 04/28/2022 | Settlement Agreement and Consent Order | Debt Management | In the Matter of Jordan Christopher Walsh, Awah Sarah Omar, and Document Management Services (PDF) |
| 04/25/2022 | Final Order | Consumer Lending | In the Matter of American Web Loan, Inc., et al. (PDF) |
| 02/02/2022 | Settlement Agreement and Consent Order | Mortgage Loan Originating | IN THE MATTER OF DANNY YEN d/b/a REAL ESTATE EDUCATIONAL SERVICES, WENDY YEN, DAT YEN a/k/a PAT YEN (PDF) |
| 1/15/2022 | Settlement Agreement and Consent Order | Mortgage Loan Originating | IN THE MATTER OF BRIAN SCHIELE (PDF) |