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Disciplinary Actions and Sanctions for Division of Real Estate

Grange, Steve S.

Mortgage Officer

Description of Licensing Actions or Disciplinary Sanction:
In a November 4, 2009 stipulation and order, Mr. Grange agreed to pay a civil penalty of $2,500.00. In violation of Utah Code Ann. ยง 61-2c-301(1), Mr. Grange referred three loans to a mortgage company with which he was not employed and accepted a percentage of the commissions from the loan closings as a referral fee. Case number MG 46930.