Read this complete California Code, Financial Code – FIN 1676 on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system . For more detailed codes research information, including annotations and citations, please visit Westlaw .

On April 10, 2017, the California Department of Business Oversight (DBO) announced that it had entered into a consent order with a Michigan-based residential mortgage lender and servicer over allegations that the firm was overcharging consumers for interest on a number of loans.

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According to the CDBO, the settlement also requires United Shore to pay penalties to the DBO, including $1.1 million for the interest overcharges already identified, plus another $125 for each.

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The settlement also requires United Shore to pay $1.1 million in penalties for the interest overcharges already identified, plus another $125 for each additional violation identified by the self-audits.

Archie B. Shore brought these actions to establish his title to an undivided one-half interest in certain real and personal property in the possession of defendant Alberta Mae Shore and to secure a partition of the personal property. The actions were consolidated for trial.

California fines United Shore $1.4M for interest overcharges New Fed buys Commonwealth Mortgage to expand beyond New England LendingTree site shows consumers available home equity

California Fines United Shore $1.4M for Interest Overcharges National Mortgage News, Apr. 10, 2017–Brad Finkelstein (subscription) United Shore Financial Services has agreed to pay a total of $1.4 million to consumers and California regulators to settle allegations it collected interest payments it was not entitled to.

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If you cannot afford to pay the fine, you may appear in person and request to perform community service in lieu of the fine at your arraignment date (date listed on your citation). If your case qualifies and your request for community service is granted, you may be required to pay court fees as well as community service registration and daily fees.

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California Mortgage Law Practice Exam. STUDY.. The maximum fine that the California Division of Corporations can levy under the California Finance Lenders Law for a violation of the law or regulations applicable to mortgage lending or loan origination activities is:. A statement that the.

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