Probably not, for she apparently has a valid real estate license. I believe they suspend or revoke such licenses, for a felony.
I'm not positive. But I have heard anecdotes where licenses were suspended, for non-payment of child support, and for DUI.
It fall under the clause permitting the Commissioner of Real Estate to suspend or revoke the license, of a licensee convicted of a crime (felony or misdemeanor) involving "moral turpitude." Sect. 10177(b) of Real Estate Law.
I'm sourcing from an out of date book, but if anything revocations have become more strict since my book.
You ask: They are in the mortgage business, so what is the stuff about real estate licenses? It is because most people practicing mortgage business in CA do so under Real Estate Broker and Agent licenses--it is required that they be licensed.