WA DFI Enforcement Actions

New Venture Escrow, Inc. - Cease and Desist Order and Fine

The Washington Department of Financial Institutions (DFI) has issued a Statement of Charges and Notice of Intent to Enter an Order to Cease and Desist against New Venture Escrow, Inc. The company faces a $38,000 fine for alleged unlicensed activity and failure to maintain records in Washington State.

Bay-Valley Mortgage Group Ordered to Cease and Desist Business

The Washington Department of Financial Institutions has issued a Final Order requiring Bay-Valley Mortgage Group, Inc. to permanently cease and desist from conducting business in the state. The order also mandates the company to cease all new business and foreclosure actions in Washington and provide requested records.