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 7/1/2024 12:17:19 AM
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 <<<<