STATE OF CALIFORNIA
DEPARTMENT OF REAL ESTATE

In reviewing a licensee's information, please be aware that license discipline information may have been removed from a licensee's record pursuant to Business & Professions Code Section 10083.2 (c). However, discipline information may be available from the California Department of Real Estate upon submittal of a request, or by calling the Department's public information line at 1-877-373-4542.
The license information shown below represents public information. It will not reflect pending licensing changes which are being reviewed for subsequent updating. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes.
Some historical disciplinary action documents may not be in compliance with certain accessibility functions. For assistance with these documents, please contact the Department's Licensing Flag Section.

License information taken from records of the Department of Real Estate on 11/25/2025 7:21:21 PM

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License Type:	CORPORATION
Name:	Better Mortgage Brokers Inc
Mailing Address:	PO BOX 1087 UPLAND, CA 91785-1087
License ID:	00905337
Expiration Date:	04/01/13
License Status:	FLAG SUSPENDED *** RESTRICTED ***
Corporation License Issued:	12/13/85 (Unofficial -- taken from secondary records)
Former Name(s):	NO FORMER NAMES
Main Office:	NO CURRENT MAIN OFFICE ADDRESS ON FILE
Licensed Officer(s):	DESIGNATED OFFICER 01036808 - Expiration Date: 04/01/13 Marcell, John Thomas OFFICER SUSPENDED AS OF 01/09/12 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
	00363893 - Expiration Date: 12/12/89 Fraser, Audrey Brown OFFICER LICENSE REVOKED AS OF 06/23/93 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
	00336365 - Expiration Date: 12/26/97 Lusear, Gerald Louis OFFICER LICENSE EXPIRED AS OF 12/27/97 **THIS OFFICER IS RESTRICTED. THIS CORP IS RESTRICTED.**
	00275580 - Expiration Date: 12/12/89 Matteson, William Robert OFFICER LICENSE EXPIRED AS OF 12/13/89 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
	00800319 - Expiration Date: 06/19/93 Rowland, Phyllis Jean OFFICER LICENSE EXPIRED AS OF 06/20/93 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
	00644725 - Expiration Date: 12/12/89 Tocco, Frank Paul OFFICER LICENSE EXPIRED AS OF 12/13/89 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
	00366476 - Expiration Date: 08/05/94 Vanderbur, John Ernest OFFICER LICENSE EXPIRED AS OF 08/06/94 **THIS OFFICER IS NOT RESTRICTED. THIS CORP IS RESTRICTED.**
DBA	Compass Realty ACTIVE FROM 02/14/1995 TO 01/08/2012
	Monterey Bay Mortgage ACTIVE FROM 01/15/1999 TO 10/29/2001
	NO CURRENT DBAS
Branches:	NO CURRENT BRANCHES
Comment:	11/15/88 - H-23497 LA
	11/30/88 - H-23499 LA D & R
	04/24/89 - H-23446 LA FOR OFFICER LUSEAR
	10/02/89 - OFFICER LUSEAR REVOKED WITH RIGHT TO RESTRICTED LICENSE
	11/29/89 - REVOKED-RIGHT TO RESTRICTED LICENSE
	09/02/08 - H-35261 LA FOR CORP & OFFICER MARCELL
	04/02/09 - REVOKED-RIGHT TO RESTRICTED LICENSE
	04/02/09 - SUSPENDED FOR 30 DAYS--STAYED FOR 2 YEARS
	04/02/09 - OFFICER MARCELL SUSPENDED FOR 30 DAYS--STAYED FOR 2 YEARS
	01/09/12 - SUSPENDED INDEFINITELY PER H-35261 LA
	01/09/12 - OFFICER MARCELL SUSPENDED INDEFINITELY PER H-35261 LA
	NO OTHER PUBLIC COMMENTS
Disciplinary or Formal Action Documents:	H23446LA_880919_P.pdf
	H23446LA_891002_P.pdf
	H23497LA_P.pdf
	H35261LA_121114_P.pdf
	H35261LA_P.pdf
	>>>> Public information request complete <<<<