Reliable Lending Consultants, Inc.

Agency: California Bureau of Real Estate ~Description: On March 28 2013 the California Department of Real Estate filed a Desist and Refrain Order against Reliable Lending Consultants Inc. (RLCI) and its principals. The Order was filed in the public interest after the Commissioner caused an investigation to be made into the activities of the defendant. Based on the investigation the Commissioner was able to determine that the defendant had engaged in acts or practices in violation of California Business and Professions codes. The violations include but were not limited to; acting or advertising as a real estate broker by performing services for borrowers in connection with loans secured by real property; and claiming collecting or receiving advance fees for performing the services. ~~According to the Order the defendant was not licensed to perform real estate services. The desist and refrain Order prohibits the defendant from performing any acts or practices within the State of California for which real estate broker license is required specifically prohibiting the practice of performing services for borrowers in connection with loans secured by real property; and claiming collecting or receiving advance fees for performing the services unless or until a real estate brokers license has been obtained . Upon entry the Order was finalized.~Date of Action: 3/28/2013~~Agency: California Bureau of Real Estate ~Description:

~ In March 2013 the California Bureau of Real Estate (“BRE”) filed a Complaint against Reliable Lending Consultants Inc. (“RLCI”) and Paul David Cronin aka Skip Cronin (“Cronin”).  Based on the investigation the BRE determined that RLCI  and Cronin practiced in violation of the California Business and Professions codes.  The violations include but were not limited to violations of real estate law or regulations suspended corporation status and unlicensed activity/advance fee violations/ fraud and dishonest dealing.  In June 2013 the BRE revoked the real estate corporation license for RLCI. The revocation became effective on July 8 2013.