Washington state regulator hits West Capital Lending with $75K penalty
Regulators in Washington state have fined West Capital Lending Inc. (WCL) $75,000 after alleging the mortgage lender committed multiple violations of the state’s Consumer Loan Act, including allowing unlicensed individuals to conduct mortgage-related activities and failing to meet certain disclosure and reporting requirements. Per Nationwide Multistate Licensing System (NMLS) records, the Washington State Department of […]
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