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Margaret (Peggy) Cottrell

Order
Monday, December 13, 2010
Docket No. 09-109-B
AttachmentSize
Order 09-109-B482.34 KB

Commissioner’s Order After Administrative Proceeding.

Violation:
 
Respondent engaged in a consistent pattern and practice involving the deception of lenders through submission of falsified and altered mortgage applications (“cut and pasting” of applicant and third party signatures) and related documentation, in violation  8 V.S.A. 2241, warranting monetary penalties and an injunction under 8 V.S.A.  2204(a)(1)(A) prohibiting her from acting as a mortgage broker or engaging in the financial services industry for a six (6) month period.
 
Action Taken:
 
Fine and Suspension