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NOTE: Questions concerning the organization of corporations, limited liability companies, limited partnerships, foreign (other state) corporations, qualifying or registering to do business in California, dissolutions, articles of incorporation, certificates of good standing, current officers and directors, agents for service of process, and name availability should be addressed to the Business Programs Division of the California Secretary of State.

DEPARTMENT CLOSURE INFORMATION: he Department will be closed on the following dates: February 15th for Presidents Day and the following Furlough Fridays: February 5th, 12th and 19th. The closure is in connection with the Governor's Executive Order (S-13-09) that addresses the State's deficit and ongoing fiscal crisis.

• 02/04/10 -The Report of Principal Amount of Loans Originated and Aggregate Amount of Loans Service for the 12 Month Period Ended December 31, 2009 is now available for download. This report is due on March 1, 2010. Instructions and FAQs, are available under Forms and Applications
• 02/04/10 - The 2009 Residential Mortgage Loan Report is now available for download. This report is due March 31, 2010. FAQs are available under Forms and Applications
• 01/29/10 — Instructions and filing form for the 2009 Annual Report for Lenders and Brokers Licensed under the California Finance Lenders Law is now available on the website. [Adobe Reader 8 is required for this form.] The form is in an Adobe Reader fillable form format, which you may complete online, print, and then mail to the Department.  The report is due on or before March 15, 2010.
• 01/07/10 - The 2008 Annual Report of Operations of Finance Companies licensed under the California Finance Lenders Law is available on our website. This report is based on unaudited data presented by licensees and is primarily statistical in nature.
• 01/07/10 - The Department has prepared and mailed updated information to all CRMLA and CFLL licensees regarding the Nationwide Mortgage Licensing System (NMLS).  This new communication provides an update concerning the  Department's fees associated with applications to become a Mortgage Loan Originator.
• 01/04/10— ** Notice to Customers of Prime West Escrow, Inc..** “Commissioner of Corporations Freezes Trust Accounts of Prime West Escrow, Inc.”  By an order dated January 4, 2010 the California Department of Corporations took an action to freeze the trust accounts of Prime West Escrow, Inc. This action was taken due to the shortfall of $333,403.20 between the calculated trust shortage amount and what Prime West Escrow, Inc. received from its fidelity coverage.
• 01/01/10 - The California Department of Corporations will begin using the Nationwide Mortgage Licensing System (NMLS) starting January 4, 2010.  NMLS, developed through the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR), will allow companies to conveniently manage their mortgage license(s) in an electronic format through a secure website. For your convenience, we have included a link to NMLS below.
• 12/24/09 - The Nationwide Mortgage Licensing System and Registry (NMLS) will hold its 2nd Annual NMLS Users Conference and Training, February 9 – 11, 2010 in San Diego, California.  The agenda for the conference is as follows: NMLS User Conference Agenda Registration information can be found on the NMLS Resource Center website at www.nationwidelicensingsystem.org.  You are encouraged to register and make your room reservations right away.
• 12/07/09 - The California Corporations Commissioner proposes to adopt rules entitled, “The California Foreclosure Prevention Act.”  The proposed regulatory action clarifies the application of Civil Code Sections 2923.52 and 2923.53 under the California Foreclosure Prevention Act.  The proposed rules were adopted as emergency regulations on June 1, 2009, and in this rulemaking action the Commissioner proposes to permanently adopt Subchapter 14, Article I, Sections 2031.1, 2031.2, 2031.3, 2031.4, 2031.5, and 2031.6; Article II, Sections 2031.7 and 2031.8; Article III, Section 2031.9; and Article IV, Section 2031.10 to Title 10 of the California Code of Regulations.  The period within which to comment on this proposed regulatory action ends on January 25, 2010.  PRO 05/09
• 11/24/09 - The Department has prepared information and guidelines that were mailed to all CRMLA and CFLL licensees regarding the Nationwide Mortgage Licensing System, (NMLS), the Transition Plans for current licensees onto NMLS and the licensing requirements for Mortgage Loan Originators
• 11/23/09 - The next Escrow Law Advisory Committee meeting will be on Tuesday December 8, 2009 at 10:00 a.m. The meeting will be held at the Department of Corporations' Los Angeles office located at 320 West Fourth Street, 7th floor conference room. (Agenda)
• 11/17/09 - The California Corporations Commissioner will file with the Office of Administrative Law the readoption of emergency regulations implementing the California Foreclosure Prevention Act on November 24, 2009.  (PRO 05/09)
• 11/17/09 - The California Corporations Commissioner adopted amendments to Sections 260.101.2, 260.103.4, 260.105.7, 260.105.17, 260.105.33, 260.105.34, 260.211.1, 260.217, 260.230, 260.241.4, and 260.242; and repealed Sections 260.105.37 and 260.204.11 of Title 10 of the California Code of Regulations, to conform the language of the regulations with recent changes in the names and functions of certain national security exchanges, stock exchanges, markets, and related entities.  These amendments were filed with the Secretary of State on November 10, 2009 and become effective on December 10, 2009.  (PRO 10/08)
• 11/16/09 The Department of Corporations has collected data from various mortgage loan servicers relating to loan modifications, forbearance plans, and foreclosures. The Commissioner has released results from the Department's survey January through August 2009
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