Archives
State Settles Two False Advertising Cases – Mortgage Firms Pay More Than $200,000 In...
DFI alleged firms engaged in deceptive radio and direct mail advertising campaigns
OLYMPIA, WA - August 19, 2008 - (RealEstateRama) — The Department of Financial Institutions...
Mortgage Broker Charged With Deceptive Lending Practices – State Seeks Full Restitution For Injured...
DFI Alleges Paramount Equity Mortgage Made Deceptive Fee Disclosures, Collected Unearned Points and Fees, and Engaged In False Advertising
OLYMPIA, WA - August 17, 2008...
Consumer Protection A DFI Priority In Enforcement Of New Mortgage Industry Regulatory Legislation Now...
OLYMPIA - – “DFI takes consumer protection very seriously,” Department of Financial Institutions (DFI) Director of Scott Jarvis said. “With yesterday’s enactment of several...
Colorado Lender Accused Of False Mortgage Advertising
DFI intends to revoke license, impose other sanctions
OLYMPIA – Since December 2005, when Assurity Financial Services, LLC (Assurity) was licensed as a consumer loan...
Free Homeownership Counseling Available To Washington Residents, Counselors To Be Paid With State Funding
OLYMPIA - The Washington Homeownership Information Hotline and Counseling Program kicks off March 1. The program will provide free homeownership counseling to Washington residents...
Fewer Mortgage Brokers and Loan Originators Renew Licenses to Do Business in Washington State...
OLYMPIA – Only 66 percent of previously licensed mortgage brokers and 42 percent of previously licensed loan originators have fully renewed and been approved...
“Home Of The 1% Mortgage” Gets Notice: Bait And Switch Advertising Prohibited In Washington
OLYMPIA - December 17, 2007 – Linden Loans, LLC of Kirkland, a licensed mortgage broker, bills itself on television as the “Home of the...
Washington Realtors praise Congressional action to expand access to home loans
OLYMPIA, Wash. - Dec. 14, 2007 - More low-income families will be able to buy homes under new legislation approved by the U.S. Senate...
Thousands of Washington residents to receive Ameriquest checks next week
Washington agencies continue working to address the subprime meltdown
OLYMPIA - December 14, 2007 - December will be a bit more rewarding for 8,750 Washington residents....
Mortgage Credit Certificate (MCC) 2007 Program
Federal Income Tax Credit for Homebuyers
MCCs are not mortgages... they are tax credits that put extra cash in your pocket each month, so that...
ARM Interest Resets Aren’t The End Of The World, But To Unprepared Homeowners, It...
When Adjustable Rate Mortgage (ARM) interest rates reset, many homeowners will see a marked hike in their monthly payment. Not all will be prepared...
DFI Launches Bilingual Statewide Campaign To Warn Homeowners Of Adjustable Rate Mortgages Rate Increases
OLYMPIA – The Washington State Department of Financial Institutions (DFI) is launching a statewide advertising campaign warning homeowners with Adjustable Rate Mortgages to prepare...
100 Percent Mortgage Financing Still Available in Washington and Oregon
Reality Homes offers affordable options for building your new home
FIFE, Wash., Sept. 17 /PRNewswire/ -- Troubles in the U.S. mortgage industry nationwide have caused...
More Ameriquest Money To Go To Washington Residents
OLYMPIA – Attorney General Rob McKenna and Scott Jarvis, Director of the Department of Financial Institutions (DFI), announced - July 12 - that more than...
