A really exchange that is odd on Oct. 23 in a hot, crowded hearing space in Hartford, in which the fate of first Alliance Lending LLC, a once-large Connecticut home loan loan provider, hung in the total amount.
Stacey Serrano, an attorney for their state Department of Banking, had presented document after document, e-mail after e-mail, to her witness, Dan Landini, an examiner for the department that is same. Serrano joined each one of these as proof and asked Landini to learn quite a few aloud with minute details, verifying they were genuine.
With this they were up to exhibit No. 391 day. Serrano and Landini would do that for several days, all within the department’s instance against first Alliance, that will be faced with using unlicensed home mortgage originators to complete work that needs a permit.
Landini was — whilst still being is, even today — the initial substantive witness in this administrative hearing away from a lot more than 25 the division and first Alliance may phone to testify in the department’s workplaces. Therefore it’s shaping around be a litigation that is endless.
Landini is certainly not yet completed therefore the first Alliance solicitors haven’t yet cross-examined him, even after their 4 1/2 days regarding the stand.
On Oct. 23, there is nevertheless a hope it might end fairly.
“To the degree the witness will be reading from the document that is currently in proof, we object on due procedure grounds,” stated Craig Raabe, legal counsel for first Alliance, a transcript of this hearing shows. “We think it is a waste of the time.”