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Proposed Legislation › Department of Financial Protection and Innovation (DFPI) › Mortgage Lenders

Venable LLP

California Bill Would Expand DFPI's Power to Police Financial Services Misconduct

Venable LLP on

A new proposal in California, Senate Bill 825 (SB 825), is intended to strengthen the enforcement authority of the state's Department of Financial Protection and Innovation (DFPI) by clarifying that it can take action against...more

Orrick, Herrington & Sutcliffe LLP

California Senate advances bill to expand DFPI authority

Orrick, Herrington & Sutcliffe LLP on

On April 2, the California Senate Banking and Financial Institutions Committee voted to move forward with legislation that would expand the DFPI’s powers to oversee businesses traditionally governed by the CFPB. The bill, SB...more

Kilpatrick

California Seeks to Expand DFPI’s Consumer Finance Enforcement Authority with Senate Bill 825

Kilpatrick on

California Senate Bill 825 is aimed at expanding the state’s authority to enforce its consumer finance laws by eliminating an existing exemption for persons licensed by the Department of Financial Protection and Innovation...more

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