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Notice #: 0000477419-01
Public Hearings

MORTGAGE BROKERS AND SOLICITORS PROGRAM
DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
STATE OF HAWAII

NOTICE OF HEARING

TO: BOBBY W. WOOD

TO: NEW HORIZONS FINANCIAL, INC.

TO: ACCEL MORTGAGE, LLC

EACH OF YOU ARE NOTIFIED that the Director of the Department of Commerce and Consumer Affairs, on behalf of the former Mortgage Brokers and Solicitors Program under Chapter 454 (repealed) of the Hawaii Revised Statutes (hereafter “HRS”), will conduct a hearing in cases MBS 2009-50-L (Bobby W. Wood), MBS 2012-11-L (New Horizons Financial, Inc.), and MBS 2012-12-L (Accel Mortgage, LLC). The three cases have been consolidated into a single proceeding and the hearing will occur in accordance with HRS Chapters 91, 92, 436B and 454 (repealed), to determine whether BOBBY W. WOOD’s mortgage solicitor’s license, NEW HORIZONS FINANCIAL, INC.’s mortgage broker’s license, and, ACCEL MORTGAGE, LLC’s mortgage broker’s license should be revoked, suspended, or otherwise disciplined, and, whether monetary fines, restitution and any other relief authorized by law, should be imposed. The Petition For Disciplinary Action Against Mortgage Solicitor License; Demand For Disclosure To Respondent for case MBS 2009-50-L (Bobby W. Wood) was filed with the Office of Administrative Hearings (hereafter “OAH”) on or about 9/20/12. The Petition For Disciplinary Action Against Mortgage Broker License; Demand For Disclosure To Respondent for case MBS 2012-11-L (New Horizons Financial, Inc.) and case MBS 2012-12-L (Accel Mortgage, LLC) were filed with the OAH on or about 11/1/12. The three Petitions allege violations, by each of you, of the provisions of HRS Chapters 436B and/or 454 (repealed).

The HEARING will be conducted on January 17, 2013, at 9:00 a.m. The HEARING will take place in a hearings room at the Department of Commerce and Consumer Affairs, 335 Merchant Street, Suite 100, Honolulu, Hawaii.

You have the right to appear on your own or with legal counsel at all stages of these proceedings. Please direct all inquiries to the undersigned Hearings Officer at P.O. Box 541, Honolulu, Hawaii 96809, or telephone 586-2828. Copies of the specific allegations against you, as well as any other documents that have been filed in this case, are available at the Office of Administrative Hearings.

DATED: Honolulu, Hawaii, DEC 10 2012.

SHERYL LEE A. NAGATA
Hearings Officer
Department of Commerce and Consumer Affairs
(SA477419 12/14, 12/21/12)~