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Action required Illinois Department of Financial and Professional Regulation IL Jul 18, 2026

Mortgage loan originator license revocation, Michael Lafe Peterson

IDFPR updated its mortgage loan originator disciplinary actions page with an order revoking the mortgage loan originator license of Michael Lafe Peterson on July 6, 2026. This is a direct individual licensing enforcement action.

IDFPR updated its mortgage loan originator disciplinary actions page with an order revoking the mortgage loan originator license of Michael Lafe Peterson on July 6, 2026. This is a direct individual licensing enforcement action.

What changed

Illinois revoked an individual's mortgage loan originator license and posted the disciplinary action in July 2026.

Compliance perspective

Mortgage companies should confirm that branch rosters, sponsorship records, and production controls catch disciplinary actions quickly. Individual license status changes can create immediate employment and origination issues.

Key date

Effective date: July 6, 2026.

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Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

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