Salem, OR – June 3, 2009 – (RealEstateRama) — In its continuing effort to strengthen enforcement of mortgage lending laws, the Oregon Department of Consumer and Business Services recently issued cease-and-desist orders assessing fines and revoking the licenses of two mortgage brokers: Mountainview Marketing of St. Helens and Sterling Coast to Coast Financial Group Inc. of Irvine, Calif.
The Division of Finance and Corporate Securities (DFCS) helps ensure that a wide range of financial products and services are available to Oregonians and protects consumers from financial fraud and abuse. It does that by licensing financial institutions and service providers, regulating the sale of securities in Oregon, investigating complaints and alleged violations of financial-service laws, and providing education and other resources to consumers.
The Department of Consumer and Business Services is Oregon’s largest business regulatory and consumer protection agency. For more information, visit www.dcbs.oregon.gov.
For more information:
Kevin Anselm, 503-947-7498
Lisa Morawski, 503-947-7897