Law and Regulations - California Finance Lenders Law
The Finance Lenders Law is contained in Division 9 (commencing with Section 22000) of the California Financial Code and the regulations are contained in Chapter 3, Title 10, California Code of Regulations, commencing with Section 1404.
Proposed Regulations
PRO 18/11 - AB 1424 Franchise Tax Board: Delinquent Tax Debt
Comment Period Ends: January 28, 2013
AMEND: Sections 260.210, 260.211, 260.211.1, 260.231, 1422, 1422.7, 1423, 1581, 1582, 1805.204, and 1950.122.8.
ADOPT: Section 1430
Approved Regulations
- PRO 14/10 - Finance Lenders Pilot Program - By Emergency Order
- PRO 16/08 - SAFE Mortgage Licensing Act
- PRO 01/07 - Nontraditional Mortgage Products
- PRO 21/05 - Fingerprint and Criminal History Record Checks, Application Form Revisions
- PRO 31/02 - Guarantee Loan Rules (Live Checks)
- OP 10/01- Implementing short and long form applications for licensure.
Legislation
- None at this time.
- Other legislative summaries.
Commissioner's Releases
- 65-FS: New Mortgage Foreclosure Laws That Take Effect January 1, 2013 (Rev. 12/31/12)
- 64-FS: Exemption for Employees of Certain Bona Fide Nonprofit Organizations
- 63-FS: SAFE Act - Interim Licensing Relief for HUD-Certified Housing Counselors and Habitat for Humanity Volunteers and Employees
06-22-10 - 62-FS: Implementation of Guidance Including "Best Practices" for Certain Nontraditional and Adjustable Rate Mortgage Loan Products.
11-19-07
- Comparison Chart [pdf]
- Comparison Chart Information [pdf]
- Interagency Guidance on Nontraditional Mortgage Products Risks ("the Guidance") [pdf]
- The Comparison Chart is also available in the following languages: Chinese - 汉语| Korean
| Spanish - Español | Tagalog | Vietnamese - Tính Từ
- 61-FS: Arranging Workouts for Borrowers, Preparing for Special Servicing Reports to the Commissioner, and Establishing a Working Group in Connection with Nontraditional and other Mortgage Loan Products.
09-05-07 - 60-FS: Public Utility Commerical Loan Programs for Energy Efficiency Approved by the Public Utilities Commission
07-16-06 - 59-FS: Fingerprint Requirement under the California Finance Lenders Law [pdf]
06-15-06 - 58-FS: Evidence of Compliance with Financial Code Section 50204(o) [pdf]
08-01-07 - 57-FS: Rescission and Withdrawal from Publication of Specific Ruling OP 6547 CFLL under the California Finance Lenders Law [pdf]
05-19-06 - 56-FS: Sale-Leaseback Transactions [pdf]
03-01-06 - 55-FS: Changes to the Covered Loan Law [pdf]
02-17-06 - 54-FS: Changes to Licensing Procedures for Additional Locations of Licensed Finance Lenders [pdf]
11-16-05 - 53-FS: Effective July 1, 2004, Finance Lenders Must Translate Agreements into Chinese, Tagalog, Vietnamese, and Korean, in addition to Spanish [pdf]
07-23-04