CFPB
1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu
January 15, 2021
Summary
The CFPB sued 1st Alliance Lending, LLC, a Hartford-based mortgage originator, and its principals John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu, alleging violations of TILA, FCRA, ECOA, the Mortgage Acts and Practices—Advertising Rule, and CFPA UDAAP in connection with residential mortgage origination. The parties voluntarily dismissed all claims with prejudice on February 28, 2025, and the case was terminated without any finding of liability or monetary penalty.
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1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu
On January 15, 2021, the Bureau filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu. 1st Alliance, based in Hartford, Connecticut, originated residential mortgages from 2004 to September 2019 and stopped operating in November 2019. DiIorio was its chief executive officer and he, St. Lawrence, and Aramburu were 1st Alliance’s three managing executives. The Bureau’s complaint, which was amended on April 1, 2021, alleged that 1st Alliance violated the Truth in Lending Act, the Fair Credit Reporting Act, the Equal Credit Opportunity Act, and the Mortgage Acts and Practices—Advertising Rule. It also alleged that 1st Alliance, DiIorio, St. Lawrence, and Aramburu engaged in unfair and deceptive practices under the Consumer Financial Protection Act of 2010.
On March 13, 2023, the parties filed a joint stipulation dismissing certain counts and all claims against defendant Socrates Aramburu, which the court docketed on March 14, 2023. On February 28, 2025, pursuant to a stipulated dismissal, which was docketed the same day, the court voluntarily dismissed the case against all defendants with prejudice.
Related documents
Joint Stipulation of Dismissal – March 2023
Joint Stipulation of Voluntary Dismissal - February 2025
Press release
Page last modified Feb. 20, 2026 @ 11:13 AM EST
Action Details
Forum
- Civil Action
Court
U.S. District Court for the District of ConnecticutDocket number
3:21-cv-00055
Initial filing date
JAN 15, 2021
Products
- • Fair Lending
- • Mortgage Origination
Source: https://www.consumerfinance.gov/enforcement/actions/1st-alliance-lending-llc-et-al/
Common questions
- What does "1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu" cover?
- The CFPB sued 1st Alliance Lending, LLC, a Hartford-based mortgage originator, and its principals John Christopher DiIorio, Kevin Robert St. Lawrence, and…
- Which agency issued this update?
- This update was issued by CFPB.
- When was it published?
- It was published on January 15, 2021.
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