DBO Reaches $225 Million Settlement with Ocwen Loan Servicing to Resolve Case Involving Hundreds of Violations Firm Will Provide Borrowers Debt Relief and Restitution, Pay Penalties Download this press release (PDF) SACRAMENTO – The California Department of Business... Read MoreRead more about DBO Reaches $225 Million Settlement with Ocwen Loan Servicing to Resolve Case Involving Hundreds of Violations
The Department of Business Oversight (DBO) has been notified of an entity calling itself “MOCO” or “MOCO Credit of California” or “MOCO (dba Lending Street of California),” and a related Individual “Moses David” with email address mosesd234@gmail.com, who are offering... Read MoreRead more about MOCO’ or ‘MOCO Credit of California’ Not Licensed by DBO (2/15/2017)
On February 12, 2017 Governor Edmund G. Brown, Jr. proclaimed a state of emergency in the Counties of Butte, Sutter and Yuba as a result of the potential of flooding from Lake Oroville, which has forced the evacuation of tens of thousands of residents. Consequently,... Read MoreRead more about Extraordinary Situation Proclaimed in Butte, Sutter and Yuba Counties
Monthly BulletinCalifornia Department of Business OversightVolume 4, Number 07 – February 2017 2016 Escrow Annual Liability Report Due by Feb. 15DBO licensees must file their calendar-year 2016 Escrow Annual Liability Report no later than Feb. 15. Missing the filing... Read MoreRead more about Monthly Bulletin Volume 04 Issue 07