Newsroom Monthly Summary of Pending Applications – September 2020 Bank Application New Banks – Filed: 2, Approved: 1 Conversion to State Chartered Bank – Filed: 1 Acquisition Of Control – Approved: 2 … Website CreditEnrollmentCenter.net Fraudulently Claiming DFPI License October 19, 2020 The Department of Financial Protection and Innovation (DFPI) has been notified that the website CreditEnrollmentCenter.net lists DFPI lending license number … Prestige ESR Service, LLC Fraudulently Posing as California-licensed Escrow Company, Prestige Escrow Inc. October 15, 2020 The California Department of Financial Protection and Innovation (DFPI) has received information that a company calling itself “Prestige ESR Service LLC” is using … October 2020 Monthly Bulletin Volume 8, Number 3 – October 2020 Governor Signs Law to Revamp, Rename the Department of Business Oversight New Contact Info for Department of Financial Protection and Innovation California To License Debt Collectors and Buyers … Paisa Financial, a member of Fit Financial Group Inc., is fraudulently using the Nationwide Mortgage Licensing System (NMLS) number 76988, which belongs to DBO-licensee Bay Equity LLC September 28, 2020 The Department of Business Oversight (DBO) has been notified that an entity known as “Paisa Financial” is mailing… News Monthly Summary of Pending Applications – September 2020 Bank Application New Banks – Filed: 2, Approved: 1 Conversion to State Chartered Bank – Filed: 1 Acquisition Of Control – Approved: 2 … read more Website CreditEnrollmentCenter.net Fraudulently Claiming DFPI License October 19, 2020 The Department of Financial Protection and Innovation (DFPI) has been notified that the website CreditEnrollmentCenter.net lists DFPI lending license number … read more Prestige ESR Service, LLC Fraudulently Posing as California-licensed Escrow Company, Prestige Escrow Inc. October 15, 2020 The California Department of Financial Protection and Innovation (DFPI) has received information that a company calling itself “Prestige ESR Service LLC” is using … read more October 2020 Monthly Bulletin Volume 8, Number 3 – October 2020 Governor Signs Law to Revamp, Rename the Department of Business Oversight New Contact Info for Department of Financial Protection and Innovation California To License Debt Collectors and Buyers … read more Paisa Financial, a member of Fit Financial Group Inc., is fraudulently using the Nationwide Mortgage Licensing System (NMLS) number 76988, which belongs to DBO-licensee Bay Equity LLC September 28, 2020 The Department of Business Oversight (DBO) has been notified that an entity known as “Paisa Financial” is mailing… read more Press Releases Stronger Financial Protections on the way for California Consumers September 25, 2020 With Governor Gavin Newsom’s signing of AB 1864, the California’s Department of Business Oversight (DBO) expands its authority as a premier financial regulator and national model for consumer protection… read more Department of Business Oversight Sues to Stop $185 Million Coins Scam that Targeted Senior Citizens September 25, 2020 Part of a nationwide enforcement action to disrupt a fraudulent precious metals scheme that preyed on the elderly, the California Department of Business Oversight (DBO) announced today… read more DBO Awards Nearly $1 Million in Grants for Financial Education and Empowerment Programs September 21, 2020 The California Department of Business Oversight (DBO) today announced the award of nearly $1 million in CalMoneySmart grants to 12 nonprofit organizations… read more California PACE Contracts Exceeded $362 million in 2019 September 10, 2020 California’s residential PACE program executed 12,335 home improvement contracts worth more than $362 million in 2019… read more Installment Consumer Lending by California Nonbanks Increased 68 percent in 2019 September 9, 2020 Installment consumer lending by nonbanks in California increased more than 68 percent, to more than $57 billion in 2019… read more Consumer Alerts Website CreditEnrollmentCenter.net Fraudulently Claiming DFPI License October 19, 2020 The Department of Financial Protection and Innovation (DFPI) has been notified that the website CreditEnrollmentCenter.net lists DFPI lending license number … read more Prestige ESR Service, LLC Fraudulently Posing as California-licensed Escrow Company, Prestige Escrow Inc. October 15, 2020 The California Department of Financial Protection and Innovation (DFPI) has received information that a company calling itself “Prestige ESR Service LLC” is using … read more Paisa Financial, a member of Fit Financial Group Inc., is fraudulently using the Nationwide Mortgage Licensing System (NMLS) number 76988, which belongs to DBO-licensee Bay Equity LLC September 28, 2020 The Department of Business Oversight (DBO) has been notified that an entity known as “Paisa Financial” is mailing… read more Website FinanceServiceCorp.com Fraudulently Posing as California Company and Perpetrating Loan Scam August 18, 2020 The Department of Business Oversight (DBO) has received information that the website www.financeservicecorp.com is marketing itself as a consumer … read more Website ColdanInvestmentCompanyLtd.com Fraudulently Posing as DBO Licensee August 6, 2020 The Department of Business Oversight (DBO) has been notified that the website www.coldaninvestmentcompanyltd.com has been using the business information of a DBO-licensed … read more News & Info LinksNews Newsroom Press Releases Monthly Bulletins Important Notices Information DFPI Forms Resources Key Consumer Links Consumer Alerts Consumer Advisories Search for DFPI Licensees Licensees and Industries Regulated by the DFPI Actions, Orders and Administrative Hearing Decisions File a complaint Submit a Public Records Request Last updated: Sep 1, 2020 @ 11:38 am
Monthly Summary of Pending Applications – September 2020 Bank Application New Banks – Filed: 2, Approved: 1 Conversion to State Chartered Bank – Filed: 1 Acquisition Of Control – Approved: 2 … read more
Website CreditEnrollmentCenter.net Fraudulently Claiming DFPI License October 19, 2020 The Department of Financial Protection and Innovation (DFPI) has been notified that the website CreditEnrollmentCenter.net lists DFPI lending license number … read more
Prestige ESR Service, LLC Fraudulently Posing as California-licensed Escrow Company, Prestige Escrow Inc. October 15, 2020 The California Department of Financial Protection and Innovation (DFPI) has received information that a company calling itself “Prestige ESR Service LLC” is using … read more
October 2020 Monthly Bulletin Volume 8, Number 3 – October 2020 Governor Signs Law to Revamp, Rename the Department of Business Oversight New Contact Info for Department of Financial Protection and Innovation California To License Debt Collectors and Buyers … read more
Paisa Financial, a member of Fit Financial Group Inc., is fraudulently using the Nationwide Mortgage Licensing System (NMLS) number 76988, which belongs to DBO-licensee Bay Equity LLC September 28, 2020 The Department of Business Oversight (DBO) has been notified that an entity known as “Paisa Financial” is mailing… read more
Stronger Financial Protections on the way for California Consumers September 25, 2020 With Governor Gavin Newsom’s signing of AB 1864, the California’s Department of Business Oversight (DBO) expands its authority as a premier financial regulator and national model for consumer protection… read more
Department of Business Oversight Sues to Stop $185 Million Coins Scam that Targeted Senior Citizens September 25, 2020 Part of a nationwide enforcement action to disrupt a fraudulent precious metals scheme that preyed on the elderly, the California Department of Business Oversight (DBO) announced today… read more
DBO Awards Nearly $1 Million in Grants for Financial Education and Empowerment Programs September 21, 2020 The California Department of Business Oversight (DBO) today announced the award of nearly $1 million in CalMoneySmart grants to 12 nonprofit organizations… read more
California PACE Contracts Exceeded $362 million in 2019 September 10, 2020 California’s residential PACE program executed 12,335 home improvement contracts worth more than $362 million in 2019… read more
Installment Consumer Lending by California Nonbanks Increased 68 percent in 2019 September 9, 2020 Installment consumer lending by nonbanks in California increased more than 68 percent, to more than $57 billion in 2019… read more
Website CreditEnrollmentCenter.net Fraudulently Claiming DFPI License October 19, 2020 The Department of Financial Protection and Innovation (DFPI) has been notified that the website CreditEnrollmentCenter.net lists DFPI lending license number … read more
Prestige ESR Service, LLC Fraudulently Posing as California-licensed Escrow Company, Prestige Escrow Inc. October 15, 2020 The California Department of Financial Protection and Innovation (DFPI) has received information that a company calling itself “Prestige ESR Service LLC” is using … read more
Paisa Financial, a member of Fit Financial Group Inc., is fraudulently using the Nationwide Mortgage Licensing System (NMLS) number 76988, which belongs to DBO-licensee Bay Equity LLC September 28, 2020 The Department of Business Oversight (DBO) has been notified that an entity known as “Paisa Financial” is mailing… read more
Website FinanceServiceCorp.com Fraudulently Posing as California Company and Perpetrating Loan Scam August 18, 2020 The Department of Business Oversight (DBO) has received information that the website www.financeservicecorp.com is marketing itself as a consumer … read more
Website ColdanInvestmentCompanyLtd.com Fraudulently Posing as DBO Licensee August 6, 2020 The Department of Business Oversight (DBO) has been notified that the website www.coldaninvestmentcompanyltd.com has been using the business information of a DBO-licensed … read more
