DFPI To Hold "Listening Sessions" On CCFPL

The California legislature renamed and expanded the powers of the Department of Business Oversight with virtually no opportunity to comment on the legislation.  On August 25, 2020, Assembly Member Monique Limón gutted AB 1864 and amended it not only...

A Rash Of License Impersonators?

In the last several weeks, California's Department of Financial Protection and Innovation (fka the Department of Business Oversight) has issued a number of consumer alerts involving companies fraudulently claiming to hold a DFPI license. For...

DFPI's Suit Against PHEA Finds No Purchase

The California Student Loan Servicing Act (the "CSLSA") requires all student loan servicers that service student loans in California to be licensed by the California Department of Financial Protection and Innovation (fka the Department of Business...

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