First Southwestern Escrow, Inc.

License or Case Number: 963-2527

Date of Initial Action: 06/07/10

Defendants/Respondents: First Southwestern Escrow, Inc., Michael Macapagal, Theresita Macapagal, and Katherine Macapagal

Documents:

• Desist & Refrain Order
• Accusation/Statement of Issues
  • 1. Revoking Escrow Agent’s License of First Southwestern Escrow, Inc., Pursuant to Financial Code Section 17608
  • 2. Barring MICHAEL MACAPAGAL from any Position of Employment, Management or Control of Any Escrow Agent Pursuant to Financial Code Sectin 17423
  • 3. Barring THERESITA MACAPAGAL from any Position of Employment, Management or Control of Any Escrow Agent Pursuant to Financial Code Sectin 17423
  • 4. Barring KATHERINE MACAPAGAL from any Position of Employment, Management or Control of Any Escrow Agent Pursuant to Financial Code Sectin 17423
  • 5. Denial of Application for Licenses for Branch Offices Pursuant to Financial Code Section 17209.3
  • 6. Order Imposing Penalties Pursuant to Financial Code Section 17213.2
• Order Revoking Escrow Agent’s License (Financial Code Section 17608); Barring MICHAEL, THERESITA and KATHRINE MACAPAGAL From Escrow Industry (Financial Code Section 17423); and Denying Application for Branch Office icenses (Financial Code Section 17209.3)
• Order Setting Effective Date of Order Revoking Escrow Agent’s License (Financial Code Section 17608); Barring MICHAEL, THERESITA AND KATHERINE MACAPAGAL From Escrow Industry (Financial Code Section 17423); and Demuomg Applications for Branch Office Licenses (Financial Code Section 17209.3)
• Order Appointing CAMTU TRAN Conservator Pursuant to Finanancial Code Section 17630
• Demand For and Order Taking Possession of the Trust Funds and Escrow Records of FIRST SOUTHWESTERN ESCROW Pursuant to Financial Code Section 17621