Joint Legislative Committee to Review the State’s Regulatory Oversight Over Financial Resources Mortgage

Rep Jim Splaine Provided the following link for the public to view the committee's work.

Click here: NH General Court - Joint Legislative Committee FRM

Example of the content on the website:

Links to Relevant News Articles

Important Committee Documents:

• Report of the Bureau of Securities Regulation's Review of Financial Resources Mortgage, Inc. and Related Matters, April 22, 2010 - Part I
• Report of the Bureau of Securities Regulation's Review of Financial Resources Mortgage, Inc. and Related Matters, April 22, 2010 - Part II
• Letter from Senate President Larsen and House Speaker Norelli requesting joint hearings regarding the state’s regulatory oversight over FRM and outlining the charge of the committee, April 19, 2010
• Letter from Bureau of Securities Regulation to Attorney General’s Office, June 17, 2003; notification of hearing scheduled on alleged violations of Scott Farah and Financial Resources and Assistance of the Lakes Region, Inc.
• Consent Agreement between the Bureau of Securities Regulation and Scott Farah and Financial Resources and Assistance of the Lakes Region, Inc., January 24, 2007
• Order issued by Peter Hildreth, Bank Commissioner, December 21, 2009, releasing the NH Bank Department Reports of Examinations of FRM from 2001, 2003, 2004, 2006, 2007 and 2008, with the names of borrowers redacted
• 2001, 2003, 2004, 2006, 2007 and 2008 NH Bank Department Reports of Examinations of FRM
• Letter from Attorney James Donchess to borrowers, trust beneficiaries or lenders associated with FRM, CL&M or any affiliate relative to the Preliminary Injunction Order, December 22, 2009
• Preliminary Injunction Order entered by the US Bankruptcy Court for the District of New Hampshire, filed December 22, 2009 and effective until March 22, 2010
• Letter from Reps. James Splaine and Paul McEachern to Al and Susan McIlvene, February 10, 2010
• Letter from Reps. James Splaine and Paul McEachern to NH House Speaker Norelli requesting a legislative inquiry into FRM, February 22, 2010
• Summary of consumer complaints received by the Consumer Protection and Antitrust Bureau regarding Financial Resources Mortgage or similarly named entities, submitted March 31, 2010
• Grand jury indictment, US District Court for the district of New Hampshire, filed against Scott Farah and Donald Dodge, April 7, 2010
• US Securities and Exchange Commission complaint filed in US District Court against Scott Farah, Donal Dodge, Financial Resources Mortgage, Inc., CL & M, Inc. and Center Harbor Christian Church, April 9, 2010