Fort Calhoun Man Ordered to Stop Conducting Misleading and Unlicensed Mortgage Activity

October 17, 2023 (LINCOLN, NEB.) – The Nebraska Department of Banking and Finance (NDBF) issued a Cease and Desist Order against a Fort Calhoun, Nebraska man, Jeff Rothlisberger (“Rothlisberger”), in connection with residential mortgage loan activities being conducted without a license.

According to the Order, Rothlisberger solicited Nebraska residents to enter into reverse mortgages and other types of residential mortgage loan products without obtaining and maintaining a Nebraska Mortgage Loan Originator License. Further, the Order states that Rothlisberger engaged in activities that were false, misleading, and conducted in bad faith.

The Order prohibits Rothlisberger from conducting any and all unlicensed mortgage loan origination activities, which includes offering residential mortgage loans and soliciting Nebraska residents to apply for a residential mortgage loan.

Individuals who are offered such loans, or solicited to apply for such loans, by Rothlisberger are asked to contact the Department.

More information about the laws governing financial institutions in Nebraska can be found on NDBF’s website at ndbf.nebraska.gov. If you have questions about the legitimacy of a residential mortgage loan product or the validity or status of an individual or company’s license to conduct mortgage business in Nebraska, call NDBF at (402) 471-2171 in Nebraska, or at (877) 471-3445 if you are out of state.