Tuesday, April 24, 2012 | 5:16 p.m.
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The state Division of Mortgage Lending has ordered a Las Vegas company to stop offering to help strapped homeowners obtain a loan modification or to prevent foreclosures.
The division has issued a cease-and-desist order against Mortgage Capital USA and its president, Gustave Anaya, accusing it of operating without a required license. And it seeks to impose a $25,000 fine.
Anaya has 20 days to ask for a hearing to contest the state order. He could not be reached for comment. A person who answered the telephone at the number listed on the company's website advertisement said it was not Mortgage Capital USA.
Commissioner James Westrin is required to hold a hearing within 30 days if he receives a petition from Anaya.
The state's order says the business, at 3430 E. Flamingo Road, gained a state license as a mortgage broker in April 2007. But during an examination of the company's books, it found it had never been licensed as an independent or associated covered service provider.
The state said Mortgage Capital and Anaya "are advertising and offering to provide services to homeowners to help homeowners obtain a mortgage loan modification, prevent foreclosure or other covered services" without the required approval.
The fine must be paid within 30 days unless an appeal is filed.
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