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Violation Tracker Individual Record

Company: Broker Solutions, Inc.
Penalty: $367,000
Year: 2015
Date: July 21, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Broker Solutions, Inc. dba New American Funding, agreed to pay $367,000 in penalties and to repay costumers in settlement of allegations it overcharged customers for interest payments on loans.
Level of Government: state
Action Type: agency action
Agency: California Department of Financial Protection and Innovation
Civil or Criminal Case: civil
Facility State: California
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.