Skip to content
Informational Michigan Department of Insurance and Financial Services MI Jul 2, 2026

Michigan DIFS consent order involving Rylan Reyes

Michigan DIFS published a June 2026 consent order involving Rylan Reyes. The order states DIFS alleged the respondent obtained a license through misrepresentation or fraud and used fraudulent or dishonest practices, and that sanctions were warranted.

Michigan DIFS published a June 2026 consent order involving Rylan Reyes. The order states DIFS alleged the respondent obtained a license through misrepresentation or fraud and used fraudulent or dishonest practices, and that sanctions were warranted.

What changed

Michigan issued and published a consent order addressing alleged licensing fraud and dishonest practices by an individual licensee.

Compliance perspective

Licensed individuals and sponsoring companies should review onboarding verification, disclosure review, and supervision around application accuracy. State regulators continue to scrutinize individual integrity and licensing representations.

Need help keeping up with these changes?

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.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action Minnesota Department of Commerce MN Oct 3, 2026

    NewRez LLC Enforcement Settlement Over Insurance Charges

    The Minnesota Department of Commerce announced its participation in a $15. 5 million settlement with NewRez LLC over improper force-placed insurance charges.

  • Watch NYDFS NY Sep 30, 2026

    Proposed 3rd Amendment to 11 NYCRR 154

    NYDFS published the proposed 3rd amendment to regulation 154, with a comment deadline set for November 23, 2026. This proposed amendment relates to insurance regulations.

  • Action Connecticut Department of Banking CT Sep 15, 2026

    Connecticut Multistate Settlement with NewRez LLC

    On September 1, 2026, Connecticut announced a multistate settlement with NewRez LLC related to noncompliance with lender-placed insurance rules.