Ben Anderson NMLS #320166 — Fraud & License Record

Executive Summary

Ben Alexander-Owens Anderson, known professionally as "Ben Anderson," built a career as a high-volume mortgage loan originator in Southern California before a 2016 civil fraud verdict and a cascade of state license revocations ended his ability to legally originate mortgages anywhere in the United States. A jury found him liable for fraud, breach of fiduciary duty, conversion, and misappropriation after he transferred roughly 200 active loan files and the confidential data of approximately 900 borrowers from his employer, Mount Olympus Mortgage, to competitor Guaranteed Rate in 2014.

Between 2019 and 2021, at least six state regulators — California, Washington, Nevada, Illinois, North Carolina, and Ohio — revoked his mortgage license, and Idaho denied a new application. Several cited that he repeatedly falsified his license applications, concealing his fraud-based firing, the pending regulatory action, and unpaid tax liens. Washington imposed a permanent industry ban.

Despite these bans, he continues to operate a mortgage coaching and mentoring business ("Ben Anderson 365") and markets himself as a "Top 20 U.S. loan originator," while his own bios state he "continue[s] to originate." He relocated from Montecito, California to Nashville, Tennessee around 2023–2024. He and his company also face unverified allegations of PPP-loan fraud. No bankruptcy filing was found in this research.

Subject Profile

Residential address, phone numbers, email addresses, and family names appear in the source document but are withheld here. They are personal contact data, not part of the public regulatory record.

Full legal name: Ben Alexander-Owens Anderson
Known aliases: Ben Anderson; Benjamin Anderson; Benjamin A. Anderson; Benjamin Alexander-Owens Anderson
NMLS ID: 320166 — no active license in any state
Current location: Nashville, Tennessee (per 2024–2026 records)
Prior location: Montecito, California (approx. 2020–2023)
Residential address: Redacted
Phone numbers: Redacted
Email addresses: Redacted
Spouse / family: Redacted
Business presence: Ben Anderson 365 — coaching brand, website and public social channels

Career & Downfall Timeline

~2010Reported
Enters the mortgage industry — listed as Senior Credit Manager, Secured Funding Corporation.
2014 (to Jun 5)Verified
Lead loan officer at Mount Olympus Mortgage Co. (MOMCo), Irvine, California.
Mar–Jun 2014Verified
While still employed, transfers approximately 200 active loan files and data on approximately 900 borrowers to competitor Guaranteed Rate, which had recruited him.
Jun 5, 2014Verified
Fired by MOMCo for fraudulent conduct and misappropriation of client records.
Jun 19, 2014Verified
MOMCo sues him — Orange County Superior Court No. 30-2014-00729438.
2014–2017Reported
Employed at Guaranteed Rate (Branch Manager / VP).
Mar 22, 2016Verified
Jury finds him liable on eight counts — fraud, breach of fiduciary duty, conversion, misappropriation. Approximately $23.1M total judgment; his share approximately $5.6M plus $215,654 punitive.
Apr 11, 2017Verified
Court enters a Stipulated Order Vacating the Judgments — the money judgment is wiped out, consistent with a confidential settlement.
2017–2018Reported
Works at LendUS (Executive Loan Advisor / Branch Manager).
Feb 8, 2018Verified
Files Nevada MLO application — answers "No" to the fraud-firing and pending-action questions.
Mar 12, 2018Verified
California DBO issues an Accusation to revoke his MLO license (amended Mar 29, 2018).
Oct 2018 +Reported
Branch Manager / Senior Loan Advisor at PRMG (Paramount Residential Mortgage Group).
Feb 21 / Mar 23, 2019Verified
California revokes his MLO license, effective Mar 23, 2019. The judge cites the fraud verdict, false statements, and undisclosed tax liens.
Apr–Jun 2019Verified
Washington (permanent ban), Illinois, North Carolina, and Ohio all revoke his license.
Apr 15, 2019Verified
Surrenders his Nevada license; Nevada proceeds with its action regardless.
Dec 17, 2020Verified
Idaho denies his new MLO application on character and fitness grounds.
2020–2021Reported
Ben Anderson 365 Corp. receives two PPP loans.
Apr 26, 2021Verified
Nevada formally revokes his license; $5,000 fine plus $6,243 in costs.
2020–2023Verified
Resides in Montecito, California.
~2023–2024Verified
Relocates to Nashville, Tennessee.
2017–presentVerified
Runs the Ben Anderson 365 coaching business; markets himself as a top originator despite no license.

The Core Fraud Case

Mount Olympus Mortgage Co. v. Anderson

Court: Orange County (CA) Superior Court, Case No. 30-2014-00729438-CU-PT-CJC
Trial: Seven weeks; verdict March 22, 2016

Facts found

Guaranteed Rate recruited Anderson away from Mount Olympus Mortgage. While still employed at MOMCo in 2014, he improperly downloaded and transferred approximately 200 active loan files and the confidential financial information of approximately 900 borrowers to Guaranteed Rate, in breach of written confidentiality agreements. MOMCo terminated him on June 5, 2014 and sued two weeks later.

Verdict

The jury found him liable on eight causes of action including fraud, breach of fiduciary duty, conversion, and misappropriation of confidential information. The total award was reported at roughly $23–25 million; the portion attributed to Anderson personally was about $5.6M in lost profits plus $215,654 in punitive damages, with Guaranteed Rate bearing the balance, including $13M in punitive damages.

Important nuance

Nevada

Mortgage Lending Division

License revoked

Apr 26, 2021

Penalty: $5,000 + $6,243 costs

Case 2019-015

Idaho

Dept. of Finance

New MLO application denied — "does not have the character and fitness"

Dec 17, 2020

Penalty: Denied

2021-16-19

As of this report, Ben Anderson holds no active mortgage-origination license in any U.S. state, and is permanently barred from the industry in Washington.

Falsified Applications & Tax Liens

Multiple regulators found the same pattern: on his NMLS MU4 license forms he answered "No" to whether he had been discharged after fraud or theft allegations, and whether a regulatory action was pending against him — both untrue.

Verified
Nevada found he falsely answered on both his 2018 application and 2019 renewal, and never updated his record after California moved to revoke him.
Verified
Washington documented him flipping his pending-action answer "No" to "Yes" in November 2018, then back to "No" in January 2019, while the California case was live.
Verified
California: the administrative judge wrote that he "misrepresented that he had no unsatisfied liens when in fact two prior tax liens were recorded and not paid."

Two unsatisfied tax liens were on record at the time of his California application. No bankruptcy filing was found.

Business Entities & PPP Loans

Associated entities

Entity	Role	Jurisdiction / ID	Notes
Ben Anderson 365 Corp.	Owner / CEO	CA — est. Apr 2020	Coaching and marketing; Irvine, CA
Red Media, Inc.	CEO / Agent	CA #C4278357	Advertising services; Irvine, CA
Homeowner NOW	Co-Founder	CA — since Jan 2019	Real estate
Low Rate Co., Inc.	Director / Officer	DE — SEC Form D	$4.1M capital raised; San Clemente, CA
1 Miramar LLC	Manager	CA #202250217972	Est. Apr 15, 2022; Montecito. Co-manager: Redacted
The Ben Anderson Group	Principal	CA — financial services	Irvine, CA
The Mortgage Revolution	Brand	—	Marketing and sales-system brand

PPP loans — reported, partly alleged

Loan	Borrower	Amount	Date	Employees claimed
PPP #1	Ben Anderson 365 Corp. — Irvine, CA (commercial address)	$102,436	Apr 2020	11
PPP #2	Ben Anderson 365 Corp. — Montecito, CA (residential address, redacted)	$97,700	Jan 2021	6

Alleged

Investigative journalist Robert Eringer reports that by January 2021, essentially all employees had departed except one relative, casting doubt on the six-employee figure on the second loan. These are unproven allegations. The PPP loan amounts are drawn from SBA disclosure data and are independently checkable; the "no real employees" claim is not confirmed.

Current Activity & Red Flags

Verified
Operates Ben Anderson 365 / The Academy (BA365 Academy), selling coaching to loan officers. Courses include "How to Make 7 Figures in Mortgage" and "One Client Per Day."
Reported
His own bio states he "continue[s] to originate and help home owners" and markets himself as a "Top 20 U.S. loan originator" with "$3B+ closed" — claims that cannot be legally true for post-2019 origination, since he holds no license.
Reported
His website still says "Based in Irvine, California" though he resides in Nashville, Tennessee.

Unverified Allegations

Everything in this section is unproven. These are claims made by third parties. No charge, conviction, or regulatory finding supports any of them, and they should not be treated as fact.

Alleged
Reddit threads on r/loanoriginators and named former staff and students accuse him of running a "fraudulent coaching program," of unpaid bills, and of damaged client relationships. Unverified.
Alleged
Allegations of PPP-loan fraud relating to the employee counts claimed on the two loans above. Unproven; no charge or finding is on record.

Bankruptcy Check

No bankruptcy filing was located. Across the enrichment data, state regulatory records, court references, and open-source searches, no personal or business bankruptcy petition surfaced for the subject or his known entities. What the record does show is two unpaid tax liens, cited in the California revocation, and a large civil fraud judgment that was later vacated by stipulation.

Caveat — A definitive answer requires a direct search of federal PACER bankruptcy records — Central District of California and Middle District of Tennessee — keyed to his name and known identifiers. That was outside the scope of the open-source tools used here.

Known Associates

Associates named in the source document are private individuals who are not the subject of any regulatory action. Their names are withheld; only the nature of the relationship is shown.

Redacted: Spouse; co-manager of 1 Miramar LLC; listed as a manager in his mortgage operation
Redacted: Production Manager, Ben Anderson 365
Redacted: Operations Manager, Ben Anderson 365 (May 2019 – Apr 2022)
Redacted: Business associate; shared-record links in background aggregator data

Sources, Methodology & Disclaimer

Reuters — Mortgage lender wins ~$23M jury verdict for computer file theft
HousingWire — Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage (Mar 24, 2016)
Analysis Group — Mount Olympus Mortgage Company v. Anderson (case summary)
TopVerdict.com — Top 100 Verdicts 2016 (Mount Olympus v. Anderson — $23,148,100)
California DFPI — Enforcement Action: Anderson, Ben Alexander-Owens (OAH Case 2018050193)
Washington DFI — Final Order C-19-2640-19-FO01 (revocation + permanent ban)
Nevada Mortgage Lending Division — Order, Case 2019-015 (findings of fact / revocation)
Illinois IDFPR — Order Revoking MLO License (2019-MLO-02)
Idaho Dept. of Finance — Order Denying MLO License Application (2021-16-19)
U.S. SEC — Form D, Low Rate Co., Inc.
California Secretary of State — 1 Miramar LLC (#202250217972); Red Media, Inc. (#C4278357)
SBA PPP loan disclosure data (via aggregators)
Robert Eringer, "MONTECITO: 11) Ben Anderson" (Substack) — investigative allegations
Reddit r/loanoriginators — former-student and employee discussion (unverified)
Public professional profiles and background-record aggregators

This dossier compiles information from government regulatory orders, court records, corporate and securities filings, and open-source intelligence. Reliability varies by source and is flagged inline. Government and court records are treated as authoritative; investigative-blog and forum claims are flagged as alleged and are not independently proven.

Personal contact details, residential addresses, and the names of private associates have been redacted from this presentation. They were drawn from data aggregators, were not individually re-verified, and are not appropriate to publish.

This report is provided for legitimate due-diligence and research purposes. It is not legal advice, not a consumer report, and must not be used for any purpose governed by the Fair Credit Reporting Act (FCRA) — including employment, credit, tenant, or insurance decisions. Allegations of criminal conduct, including PPP fraud, are unproven; a person found civilly liable and later settling is not the same as a person criminally convicted. Verify against primary records before relying on any point.

Ben Alexander-Owens AndersonPublic Record: Fraud Verdict & License Revocations

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