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Consumer Lenders Department of Financial Protection and Innovation (DFPI) California

Paul Hastings LLP

The California Financing Law — Commercial and Consumer Lenders Beware

Paul Hastings LLP on

Lenders or loan brokers based in California or lending to either commercial or consumer borrowers based in California are subject to the California Financing Law (CFL), which imposes licensing requirements on both lenders or...more

Allen Matkins

Faeneratores Caveant! The Ides Of March Are Nigh!

Allen Matkins on

For lenders in California, the Ides of March of March is a date worth calendaring....more

Sheppard Mullin Richter & Hampton LLP

California DFPI Reaches Settlement with Lender Over Crypto-Backed Loans

On December 23, 2024, the California Department of Financial Protection and Innovation (DFPI) announced a consent order with a lender to resolve its investigation into the company’s crypto-backed lending program, which the...more

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