Alan Cicchetti, Executive Director of Brokers Compliance Group, retires from Lenders Compliance Group
Lenders Compliance Group announces the retirement of Alan Cicchetti from Brokers Compliance Group and Lenders Compliance Group, the nation's first full-service compliance firm.
By: Lenders Compliance Group
MERRICK, N.Y. - Sept. 27, 2019 - PRLog -- Lenders Compliance Group (LCG), the nationwide compliance firm, today announces that Alan Cicchetti is retiring on September 30, 2019 from his positions as Executive Director of Brokers Compliance Group and Director of Agency Relations of Lenders Compliance Group.
Alan's background in the industry is hands-on and practical. Since 1973, he has held senior management positions in large bank and non-bank companies, including Regional Branch Management and Mortgage Production positions with Hartford National Bank/Shawmut Mortgage Company, and Centerbank Mortgage Company. Mr. Cicchetti also served as an Executive Assistant in the Office of the CT State Treasurer, where, among his responsibilities, he represented the Treasurer on the Board of Directors of the Connecticut Housing Finance Authority and served as Chairman of the Mortgage Committee. He has also been active in many industry associations.
Before joining Lenders Compliance Group in 2012, he served as Deputy Commissioner of the Connecticut Department of Banking from 1999 to 2011. During that time, he also was the Acting Director of the Consumer Credit Division. In that role, his responsibilities included regulation, examination, licensing, and enforcement activities relating to non-depository licensees, including mortgage brokers, lenders, originators, check cashers, money transmitters, debt adjusters and negotiators, consumer collection agencies and others. Alan created and introduced proposed legislative changes for approval by the Commissioner and submission to the legislature for passage and enactment.
"Since 2012, Alan has managed Brokers Compliance Group as its Executive Director, where he demonstrated a unique understanding of the compliance needs of mortgage brokers and mortgage correspondents. Also, as Director of Agency Relations of Lenders Compliance Group, he maintained a professional rapport with the regulatory community, where he was a leader for many years. In so many special and important ways, Alan is the inspiration and force behind the awesome success of Brokers Compliance Group. I wish him many years of happiness in his richly deserved retirement, spending more time with his wonderful wife and beautiful family!"
Mr. Cicchetti said, "I have sincerely enjoyed and valued the past seven years working with my colleagues and also Jonathan Foxx, Chairman and Managing Director of Lenders Compliance Group. Jonathan is not only a valued business associate but a good friend. I have also enjoyed managing the relationship of Brokers Compliance Group with the leadership of NAMB (National Association of Mortgage Professionals)
About: Lenders Compliance Group
Lenders Compliance Group is the first national, full-service, mortgage risk management firm in the country that specializes exclusively in residential mortgage compliance. The organization offers a full suite of unique compliance solutions in mortgage banking through Lenders Compliance Group, Brokers Compliance Group, Servicers Compliance Group, Vendors Compliance Group, and LCG Quality Control. Core personnel consists of Directors, Group Administrators, Attorneys, Compliance Consultants, Auditors, and Subject Matter Experts in all areas of mortgage compliance. Lenders Compliance Group supports its clients through hands-on guidance to effectively manage regulatory compliance risk. Providing knowledge, experience, research, and expertise, the firm offers a cost-effective way to implement mortgage risk management. Main: 866-602-6660 Website: www.lenderscompliancegroup.com.
About: Alan Cicchetti
Alan Cicchetti has nearly 40 years of broad-based experience as a regulator and banking professional in mortgage banking and retail branch banking management. Before joining Lenders Compliance Group and Brokers Compliance Group in 2012, he was the Deputy Commissioner of the Connecticut Department of Banking and the Acting Director of the Consumer Credit Division, Connecticut Department of Banking, where he administered banking regulations, examinations, licensing and enforcement activities of non-depository licensees, including substantial work with mortgage brokers and lenders. Mr. Cicchetti also was formerly the Co-Chair of Regulations and Policy Committee of Connecticut's Subprime Lending Task Force. He has also been Adjunct Faculty at the University of Hartford, Barney School of Business. Mr. Cicchetti holds a BS from Bryant University and an MBA from the University of Connecticut.