Are You Now Considered A Debt Collector? October 12, 2022  By: Dennis H. Doss, Christopher J. Donovan & Stephen “Rusty” Kozak | Doss Law, LLP   Overview On September 25, 2020, in furtherance of its constant efforts to protect consumers from unfair or deceptive acts or practices in the collection of consumer debt, Governor Gavin...

December 20, 2021 by Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP We previously announced that the California Department of Financial Protection and Innovation (“DFPI”) published new regulations requiring that all California Financing Law (“CFL”) licensees must transition their licenses over to the Nationwide Multistate Licensing System (“NMLS”) electronic portal no later than December...

by Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP There are two sides of the private or hard money mortgage business, lending and investment. A mortgage company lends money. Unless it has unlimited capital or is a mortgage pool, it needs buyers for its mortgages. Some companies sell loans to institutional buyers. The majority...