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Violation Tracker Individual Record

Company: West Capital Lending, Inc.
Penalty: $100,000
Year: 2023
Date: May 25, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: West Capital agreed to pay a total of $100,000 administrative penalties (plus $364,417 suspended) to participating states of Hawaii, Oregon, Idaho, and Texas, in settlement of allegations the company did business using unlicensed mortage loan originators in those states.
Level of Government: state
Action Type: agency action
Agency: Multistate Financial Regulators Case
Civil or Criminal Case: civil
Source of Data: (click here)
Notes: State Pro Rata Share of Fine: $15,442 HI, $36,006 OH, $31,437 ID, $17,053 TX
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.