Content Gen Dashboard

On March 24, 2026, the Ohio Department of Commerce, Division of Financial Institutions, revoked the Ohio Residential Mortgage Lending Act (ORMLA) registration of JMJ Mortgage, LLC, a Cincinnati-based mortgage lender holding registration number RM.805291.000 and Nationwide Multistate Licensing System (NMLS) ID 2604206. The Division initiated enforcement action after determining that JMJ violated multiple statutory requirements under ORMLA. The company failed to designate a qualified operations manager following the disqualification of its original manager, John Christopher Janis, whose Ohio mortgage loan originator license expired on December 31, 2024, without renewal. JMJ made no effort to appoint a replacement qualified individual, rendering the company non-compliant as of January 11, 2025. Additionally, JMJ failed to file mandatory quarterly Mortgage Call Reports with the NMLS, specifically the fourth quarter 2024 report due February 14, 2025. The Division also found that JMJ failed to cooperate with the agency's investigation, constituting obstructive conduct. A formal administrative hearing was conducted on November 21, 2025, following the Division's issuance of a Notice of Intent to Suspend or Revoke Registration on June 13, 2025. The Division perfected service through multiple methods, including certified mail, FedEx, and publication in the Cincinnati Court Index, after initial delivery attempts failed. JMJ did not request a hearing or file objections to the Hearing Examiner's Report and Recommendation issued December 1, 2025. Pursuant to Ohio Revised Code Section 1322.50(A)(1)(a), JMJ may appeal this Division Order within 15 days by filing a Notice of Appeal with both the Division and the appropriate Court of Common Pleas.

On March 24, 2026, the Ohio Division of Financial Institutions (Division) issued a final order revoking the residential mortgage lending registration of JMJ Mortgage, LLC (JMJ), an Ohio‑licensed mortgage lender. The revocation followed an administrative hearing that found the company violated multiple provisions of the Ohio Residential Mortgage Lending Act (ORMLA), including failure to maintain a qualifying individual and failure to file required Mortgage Call Reports. Key findings of the Division include: Failure to maintain a qualifying individual: JMJ’s designated operations manager, failed to renew his mortgage loan originator license, resulting in a “terminated – expired” status as of December 31, 2024. The company did not appoint a replacement qualifying agent within the allowed period, leaving JMJ without a legally required operations manager. Failure to file Mortgage Call Reports: JMJ failed to file the required fourth quarter 2024 Mortgage Call Report by the deadline (45 days after February 14, 2025). The company made only one of the required quarterly filings for 2024. Failure to cooperate with the Division: Despite multiple service attempts via certified mail, FedEx, email, and publication, JMJ did not respond to the Division’s notices or take any corrective action. The company’s failure to communicate or rectify its deficiencies was deemed obstructive conduct. The Division revoked JMJ’s ORMLA registration. No fine was imposed.

meta_id 3150903

Generated

Ohio Department of Commerce Revokes Mortgage Lender Registration for JMJ Mortgage, LLC

Agent draft

Published

Ohio Division of Financial Institutions Revokes License of JMJ Mortgage for Regulatory Reporting Failures