California lender fined by Nevada regulator
Friday, Oct. 22, 2004 | 11:13 a.m.
A mortgage solicitation sent to the home of Scott Bice, Nevada's Mortgage Lending Division commissioner, has led to a $10,000 fine and a cease-and-desist order against a California lender.
In an order dated Oct. 19, state regulators ordered Dana Capital Group Inc. to stop doing business in Nevada from its Laguna Beach, Calif., office and pay the $10,000 fine.
A statement from the commission said that several months ago Bice had spoken with the officers from Dana's California office and notified them that they must be licensed in Nevada to solicit business here. The company -- which has a licensed Las Vegas location -- said it thought that that license would cover solicitations from California. It was decided at that time that no action would be taken if the solicitations were halted.
The letter to Bice's home was dated Oct. 6 and prompted the regulatory action, said Amanda Getzoff, a spokeswoman for the commission.
Bice emphasized that only Dana Capital's California office is covered by the order. The company's Las Vegas office, 2450 Chandler Ave., and its local manager James Norris remain in good standing with regulators and are not affected by the order.
archive
- Most Read
- Discussed
- Most E-mailed
- Kirk Kerkorian: CityCenter is ‘simply the most amazing’ Vegas project ever
- Rain - possibly even snow - heading to Las Vegas
- Dawn Gibbons’ story: First lady talks about divorce, humiliation, fears
- Road warriors: No. 24 UNLV squeaks by Santa Clara, 66-63
- One killed, one wounded in shooting at party
- Gorman cruises past Del Sol for championship
- California’s trash could be our treasure
- Instant replay used for the first time in Nevada fight during Jon Jones disqualification
- High-speed rail proving ground proposed in NLV
- Notebook: Kruger says K-State will be ‘best team we’ve played’
Blogs
Elsewhere
TUF 10 Finale fighter salaries (1 Comment)
The Kats Report
Announcements on the Strip on a chilled Monday morning
Cowboy Steve Wynn recalls days of ropin' on Ralph Lamb's ranch (7 Comments)
Elsewhere
Dawn Gibbons' story: First lady talks about divorce, humiliation, fears (22 Comments)
The Kats Report
Kirk Kerkorian: CityCenter is 'simply the most amazing' Vegas project ever (33 Comments)
Robin Leach's Las Vegas Celebrity Watch
Great Santa Run: Unofficial 14,595 runners would be a new record
Elsewhere
Rampage Jackson to return to UFC (4 Comments)
Calendar »
- 7 Mon
- 8 Tue
- 9 Wed
- 10 Thu
- 11 Fri
-
Save Tony Verdugo fundraiser at Jet
Jet | 8:30 p.m. to 10:30 p.m.
-
Rockhouse’s Rodeo Roundup
Rockhouse Bar & Nightclub | 10 p.m. to 11:59 p.m.
-
Dom Irrera at the Riviera Comedy Club
The Riviera
-
Football specials at Diablo's
Diablos Cantina
The Sun
Locally owned and independent for more than 50 years.
Technorati











