Illinois Joins Multistate Enforcement Action for SAFE Act Violation

Judge’s gavel, Themis sculpture and collection of legal books on the brown background.

Illinois is joining a multistate action against a mortgage loan originator who violated the SAFE Act. Patrick Terrance Donlon has received sanctions and fines from the Illinois Department of Financial and Professional Regulation and 20 additional state financial regulatory agencies that accused him of directing another person to take required education on his behalf and taking the credit for himself. Under a settlement, Donlon is banned from practicing in most of the states, is restricted from practicing in others, and is required to pay a fine totaling 31 thousand dollars. He worked for Trusted American Mortgage.