The California Department of Business Oversight (DBO) on January 15, 2016 will begin using the Nationwide Multistate Licensing System and Registry (NMLS) to manage money transmitter licenses. Through NMLS, your company will have the option to apply for, or amend, its... Read MoreRead more about Transitioning to NMLS
The Department of Business Oversight (DBO) has been notified unknown persons are attempting to cash fraudulent checks they falsely represent as issued by DBO licensee Prominent Escrow Services, Inc. The perpetrators are contacting individuals through Craigslist and... Read MoreRead more about Check Scam Using Identity of DBO Escrow Licensee
REINSTATEMENT PERIOD ENDS FEBRUARY 29, 2016 Your Mortgage Loan Originator (MLO) license has been terminated effective January 1, 2016. You must cease operating as an MLO until the Department of Business Oversight (DBO) has reviewed and approved your request for... Read MoreRead more about Your License Has Been Terminated
Monthly Bulletin California Department of Business Oversight Volume 3, Number 6 – January 2016 DIANA HARUMI NISHIURA: Jan. 1, 1942 – Jan. 9, 2016 The DBO family has lost friend and colleague Diana Harumi Nishiura, who died Saturday, Jan. 9, just days after retiring... Read MoreRead more about Monthly Bulletin Volume 03 Issue 06