Tim Lange named CEO of APPROVED
Tim is a founding member of APPROVED and has served as chief operating officer since the company’s inception in 2017.
Tim is a founding member of APPROVED and has served as chief operating officer since the company’s inception in 2017.
A proposed class action lawsuit claimed that the defendant unlawfully acquired defaulted credit card accounts without proper licensure.
The Connecticut Department of Banking issued an order against a California-based collection agency for failing to request a hearing within the prescribed time period after a notice regarding submission of certain information was sent.
All California Financing Law licensees are required to submit their annual reports by March 15, even if the licensee had no business activity during the 2021 calendar year.
The enforcement action targeted a mortgage education scheme offered by a California-based company that provided false certificates claiming that MLOs took continuing education courses as required for licensure.
DFPI is “working cooperatively with the NMLS team to be able to verify those that have attempted to apply” in compliance with the Dec. 31, 2021 deadline.
Among other things, the regulations set forth procedures for filing a license application through NMLS and license surrender.
The DFPI updated its CFL background check guidance to reduce the processing fee that must accompany an FBI cardstock fingerprint card.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
After extensions in 2020 and 2021, the NMLS Policy Committee voted to reinstate the February 14 due date beginning in 2022.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
All California Financing Law licensees not yet on NMLS must establish an account in NMLS and submit their information on or before the new deadline.
Learn more about this topic and others in the NMLS Resource Center.
Learn more about this topic and others in the NMLS Resource Center.
Debt collectors that miss the deadline will be required to wait for the issuance of a license before operating in California.
The transition process can be time-consuming for California Financing Law licensees, especially those new to NMLS.
Learn more about this topic and others in the NMLS Resource Center.