reglab/housing_qa huggingface dataset:
CA Fin Code § 50508 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50508.

50508.  Any director, officer, partner, trustee, or employee of a licensee, its holding company, or its affiliates who makes a false entry in any book or record of the business, or in connection with any transaction of the business, with intent to deceive any officer, director, or employee thereof, or any agent or examiner, employed or lawfully appointed to examine into its condition or any of its affairs or transactions, or to any public officer who has authority to examine into its affairs or transactions, or who, with like intent, omits to make a new entry of any matter particularly pertaining to the business property condition, or transactions of the entity in any document of the licensee, or who, with like intent, makes unavailable any document of the licensee made, written, or kept, or required to be made, written, or kept by him or her under his or her direction, violates this division.(Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).)
CA Fin Code § 50509 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50509.

50509.  Any officer, director, partner, trustee, or employee of any entity who abstracts or misapplies any of the money, funds, or property of a licensee, or misapplies its credit, or abstracts or misapplies money, funds, trust obligations, or property deposited with a licensee, violates this division. If a violation results in a criminal conviction, the court shall, in addition to any other punishment imposed, order the person to make full restitution to the licensee. Nothing in this section shall be deemed or construed to repeal, amend, or impair any existing provision of law prescribing a punishment for such an offense.(Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).)
CA Fin Code § 50510 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50510.

50510.  Nothing in this chapter shall be construed to authorize a criminal prosecution for a violation of a civil statute incorporated by reference into this division. Civil monetary penalties and fines shall not be imposed under this law for a violation of subdivision (e) or (j) of Section 50204 or Section 50505 if a licensee demonstrates that it has paid a civil monetary penalty or fine for the same act or transaction, as a violation of Section 17200 or 17500 of the Business and Professions Code, Section 2941 of the Civil Code, or provisions of the Real Estate Settlement Procedures Act (12 U.S.C.A. Sec. 2601 et seq.).(Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).)
CA Fin Code § 50511 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50511.

50511.  The commissioner may, subject to the requirements of subdivisions (b), (c), and (d) of Section 50318, suspend for a period not to exceed 12 months or bar a person from any position of employment with a licensee if the commissioner finds that the person has willfully used or claimed without authority a designation or certification of special education, practice, or skill that the person has not attained, or willfully held out to the public a confusingly similar designation or certification for the purpose of misleading the public regarding his or her qualifications or experience.(Added by Stats. 2006, Ch. 201, Sec. 2. Effective January 1, 2007.)
CA Fin Code § 50512 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50512.

50512.  (a) It is unlawful for any person to knowingly alter, destroy, mutilate, conceal, cover up, falsify, or make a false entry in any record, document, or tangible object with the intent to impede, obstruct, or influence the administration or enforcement of any provision of this division.(b) It is unlawful for any person to knowingly make an untrue statement to the commissioner during the course of licensing, investigation, or examination, with the intent to impede, obstruct, or influence the administration or enforcement of any provision of this division.(Added by Stats. 2007, Ch. 101, Sec. 30. Effective January 1, 2008.)
CA Fin Code § 50513 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 7 - Prohibited Practices and Penalties|Section 50513.

50513.  (a) The commissioner may do one or more of the following:(1) Deny, suspend, revoke, condition, or decline to renew a mortgage loan originator license for a violation of this division, or any rules or regulations adopted thereunder.(2) Deny, suspend, revoke, condition, or decline to renew a mortgage loan originator license if an applicant or licensee fails at any time to meet the requirements of Section 50141 or 50144, or withholds information or makes a material misstatement in an application for a license or license renewal.(3) Order restitution against a mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator for a violation of this division.(4) Impose fines on a mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator pursuant to subdivisions (b), (c), and (d).(5) Issue orders or directives to mortgage loan originators under this division as follows:(A) Order or direct a mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator to desist and refrain from conducting business, including immediate temporary orders to desist and refrain.(B) Order or direct a mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator to cease any harmful activities or violations of this division, including immediate temporary orders to desist and refrain.(C) Enter immediate temporary orders to cease business under a license issued pursuant to the authority granted under Section 50002 if the commissioner determines that the license was erroneously granted or the mortgage loan originator is currently in violation of this division.(D) Order or direct any other affirmative action as the commissioner deems necessary.(b) The commissioner may impose a civil penalty on a mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator, if the commissioner finds, on the record after notice and opportunity for hearing, that the mortgage loan originator or any residential mortgage lender or servicer licensee employing a mortgage loan originator has violated or failed to comply with any requirement of this division or any regulation prescribed by the commissioner under this division or order issued under authority of this division.(c) The maximum amount of penalty for each act or omission described in subdivision (b) shall be twenty-five thousand dollars ($25,000).(d) Each violation or failure to comply with any directive or order of the commissioner is a separate and distinct violation or failure.(Added by Stats. 2009, Ch. 160, Sec. 79. (SB 36) Effective October 11, 2009.)
CA Fin Code § 50700 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 9 - Brokerage Services for Borrowers|Section 50700.

50700.  (a) A residential mortgage lender, or a person or employee acting under the authority of a residential mortgage lender’s license, including a mortgage loan originator, shall not provide brokerage services to a borrower, except as provided in subdivision (c).(b) “Brokerage services” means either of the following:(1) Obtaining or attempting to obtain, on behalf of a borrower, a residential mortgage loan, as defined in subdivision (p) of Section 50003, secured by residential real estate, as defined in subdivision (v) of Section 50003, made with the funds of another institutional lender, as defined in paragraphs (1), (2), and (4) of subdivision (k) of Section 50003, and closed in the name of that lender, for a fee paid by the borrower or the institutional lender.(2) Obtaining or attempting to obtain, on behalf of a borrower, a residential mortgage loan, as defined in subdivision (p) of Section 50003, secured by residential real estate, as defined in subdivision (v) of Section 50003, made with the funds of another institutional lender, as defined in paragraphs (1), (2), and (4) of subdivision (k) of Section 50003, but closed in the name of the licensee, for a fee paid by the borrower or the institutional lender.(c) A residential mortgage lender or a mortgage loan originator employed by a residential mortgage lender may provide brokerage services under the authority of the lender’s license, if the lender first enters into a written brokerage agreement with the borrower that satisfies the requirements of Section 50701.(d) This chapter does not authorize a residential mortgage lender licensee to do any of the following:(1) Provide brokerage services through independent contractors.(2) Provide brokerage services through an employee not licensed as a mortgage loan originator.(3) Obtain or attempt to obtain for a borrower a residential mortgage loan that is a “high cost mortgage,” referred to in Section 152(aa)(1) of the federal Home Ownership and Equity Protection Act of 1994, as amended (15 U.S.C. Sec. 1602(aa)).(4) Hold itself out to borrowers, through advertising, as a mortgage broker, rather than a residential mortgage lender. However, a licensee shall disclose its status as a broker or agent when that disclosure is required by law.(5) Perform activity subject to Section 10131 of the Business and Professions Code, except activities authorized by this division.(e) A mortgage loan originator may only provide brokerage services as an employee of a licensed residential mortgage lender.(Amended by Stats. 2010, Ch. 287, Sec. 14. (SB 1137) Effective January 1, 2011.)
CA Fin Code § 50702 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 9 - Brokerage Services for Borrowers|Section 50702.

50702.  (a) The annual report required by Section 50401(a) shall include both of the following:(1) The number and the aggregate principal amount of closed residential mortgage loans secured by residential real estate in which the licensee provides brokerage services, as defined in this chapter.(2) The number and aggregate principal amount of residential mortgage loans made by the licensee under this division.(b) The sum total of the aggregate principal loan amounts reported in paragraphs (1) and (2) of subdivision (a) shall be deemed the aggregate principal amount of mortgage loans secured by residential real property originated by the licensee, for purposes of determining a licensee’s annual assessment under subdivision (a) of Section 50401.(c) The commissioner shall provide copies of the annual reports required by subdivision (a) of Section 50401 to the Bureau of Real Estate upon request of the Real Estate Commissioner.(Amended by Stats. 2013, Ch. 352, Sec. 93. (AB 1317) Effective September 26, 2013. Operative July 1, 2013, by Sec. 543 of Ch. 352.)
CA Fin Code § 50703 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 9 - Brokerage Services for Borrowers|Section 50703.

50703.  Notwithstanding Section 10248.3 of the Business and Professions Code, the provisions of Article 7 (commencing with Section 10240) of Chapter 3 of Part 1 of Division 4 of the Business and Professions Code shall apply to a residential mortgage loan arranged by a licensee pursuant to this chapter, unless that loan exceeds the principal loan amount specified for a bona fide loan secured directly or collaterally by a first trust deed or a bona fide loan secured directly or collaterally by a lien junior thereto, specified in Section 10245 of the Business and Professions Code.(Added by Stats. 1996, Ch. 19, Sec. 1. Effective March 20, 1996.)
CA Fin Code § 50706 (2021)
2021 California Code|Financial Code - FIN|DIVISION 20 - CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT|CHAPTER 9 - Brokerage Services for Borrowers|Section 50706.

50706.  (a) Except as provided in subdivision (b), the commissioner has primary regulatory jurisdiction over all transactions in which a licensed residential mortgage lender provides brokerage services, whether the brokerage services are provided under the authority of this chapter or under the Real Estate Law.(b) If the commissioner has reason to believe that a residential mortgage lender or one of its employees has violated the Real Estate Law while providing brokerage services under a real estate broker’s license, the commissioner shall refer the matter to the Real Estate Commissioner, who may conduct an investigation to determine if a violation of the Real Estate Law has occurred. If the Real Estate Commissioner believes a violation has occurred, the Real Estate Commissioner may commence an enforcement action under the Real Estate Law.(Added by Stats. 1996, Ch. 19, Sec. 1. Effective March 20, 1996.)
CA Fin Code § 90001 (2021)
2021 California Code|Financial Code - FIN|DIVISION 24 - California Consumer Financial Protection Law|CHAPTER 2 - Short Title|Section 90001.

90001.  This division shall be known, and may be cited, as the “California Consumer Financial Protection Law.”(Added by Stats. 2020, Ch. 157, Sec. 7. (AB 1864) Effective January 1, 2021.)
CA Fin Code § 90002 (2021)
2021 California Code|Financial Code - FIN|DIVISION 24 - California Consumer Financial Protection Law|CHAPTER 3 - Exemptions|Section 90002.

90002.  (a) This division shall not apply to a licensee, or an employee of a licensee, of any state agency other than the Department of Financial Protection and Innovation to the extent that licensee or employee is acting under the authority of the other state agency’s license.(b) This division shall not apply to a person or employee of that person to the extent that person or employee is acting under the authority of one of the following licenses, certificates, or charters issued by the Department of Financial Protection and Innovation:(1) Any person licensed as an escrow agent under Division 6 (commencing with Section 17000) of the Financial Code.(2) Any person licensed as a finance lender, broker, program administrator, or mortgage loan originator under Division 9 (commencing with Section 22000) of the Financial Code.(3) Any person licensed as a broker-dealer or investment adviser under Division 1 (commencing with Section 25000) of Title 4 the Corporations Code.(4) Any person licensed as a residential mortgage lender, a mortgage servicer, or a mortgage loan originator under Division 20 (commencing with Section 50000) of the Financial Code.(5) Any person licensed as a check seller, bill payer, or prorater under Division 3 (commencing with Section 12000) of the Financial Code.(6) Any person licensed as a capital access company under Division 3 (commencing with Section 28000) of Title 4 of the Corporations Code.(7) Any person doing business under a license, charter, or certificate issued under the Financial Institutions Law, including Division 1 (commencing with Section 99), Division 1.1 (commencing with Section 1000), Division 1.2 (commencing with Section 2000), Division 1.6 (commencing with Section 4800), Division 2 (commencing with Section 5000), Division 5 (commencing with Section 14000), Division 7 (commencing with Section 18000), and Division 15 (commencing with Section 31000) of the Financial Code.(c) This division shall not apply to a bank, bank holding company, trust company, savings and loan association, savings and loan holding company, credit union, or an organization subject to oversight of the Farm Credit Administration, when acting under the authority of a license, certificate, or charter under federal law or the laws of another state.(d) This division applies to all other covered persons, as defined in subdivision (f) of Section 90005.(Added by Stats. 2020, Ch. 157, Sec. 7. (AB 1864) Effective January 1, 2021.)
CA Fin Code § 90003 (2021)
2021 California Code|Financial Code - FIN|DIVISION 24 - California Consumer Financial Protection Law|CHAPTER 4 - Prohibited Acts|Section 90003.

90003.  (a) It is unlawful for a covered person or service provider, as defined in subdivision (f) of Section 90005, to do any of the following:(1) Engage, have engaged, or propose to engage in any unlawful, unfair, deceptive, or abusive act or practice with respect to consumer financial products or services.(2) Offer or provide to a consumer any financial product or service not in conformity with any consumer financial law or otherwise commit any act or omission in violation of a consumer financial law.(3) Fail or refuse, as required by a consumer financial law or any rule or order issued by the department thereunder, to do any of the following:(A) Permit the department access to or copying of records.(B) Establish or maintain records.(C) Make reports or provide information to the department.(b) For any person who knowingly or recklessly provides substantial assistance to a covered person or service provider in violation of subdivision (a) or any rule or order issued thereunder, the provider of that substantial assistance shall be deemed to be in violation of that section to the same extent as the person to whom that assistance is provided.(c) Notwithstanding subdivision (b), a person shall not be held to have violated paragraph (1) of subdivision (a) solely by virtue of providing or selling time or space to a covered person or service provider placing an advertisement.(Added by Stats. 2020, Ch. 157, Sec. 7. (AB 1864) Effective January 1, 2021.)
CA Fin Code § 90004 (2021)
2021 California Code|Financial Code - FIN|DIVISION 24 - California Consumer Financial Protection Law|CHAPTER 4 - Prohibited Acts|Section 90004.

90004.  (a) In addition to the prohibitions contained in Section 1102.5 of the Labor Code, a covered person or service provider shall not terminate or in any other way discriminate against, or cause to be terminated or discriminated against, any covered employee or any authorized representative of covered employees by reason of the fact that the employee or representative, whether at the initiative of the employee or in the ordinary course of the duties of the employee, or any person acting pursuant to a request of the employee, has either:(1) Filed or instituted, or caused to be filed or instituted, any proceeding under any consumer financial law.(2) Objected to, or refused to participate in, any activity, policy, practice, or assigned task that the employee or other such person reasonably believed to be in violation of any law, rule, order, standard, or prohibition, subject to the jurisdiction of, or enforceable by, the department.(b) For the purposes of this section, the term “covered employee” means any individual performing tasks related to the offering or provision of a consumer financial product or service.(c) (1) A person who believes that they have been terminated or otherwise discriminated against by any person in violation of subdivision (a) shall have all remedies available under Section 1102.5 of the Labor Code, subject to the restrictions set forth in that section and the implementing regulations.(2) This subdivision does not restrict the remedies available under this law.(Added by Stats. 2020, Ch. 157, Sec. 7. (AB 1864) Effective January 1, 2021.)
CA Fin Code § 90006 (2021)
2021 California Code|Financial Code - FIN|DIVISION 24 - California Consumer Financial Protection Law|CHAPTER 6 - Administration|Section 90006.

90006.  (a) The department shall regulate the offering and provision of consumer financial products or services under California consumer financial laws and shall exercise nonexclusive oversight and enforcement authority under California consumer financial laws. To the extent permissible under the federal consumer financial laws, the department shall exercise nonexclusive oversight and enforcement under the federal consumer financial laws.(b) In addition to existing functions, powers, and duties, the department shall have all of the following functions, powers, and duties in carrying out its responsibilities under this law:(1) To bring administrative and civil actions, and to prosecute those civil actions before state and federal courts.(2) To hold hearings and issue publications, results of inquiries and research, and reports that may aid in effectuating the purposes of this law.(3) To perform such other functions as may be authorized or required by law.(c) Sections 11040 and 11042 of the Government Code do not apply to this law.(d) (1) The department shall establish the Financial Technology Innovation Office.(2) The commissioner may investigate, research, analyze, and report on markets for consumer financial products or services.(3) The commissioner may develop and implement outreach and education programs to underserved consumers and communities.(4) The commissioner may develop and implement initiatives to promote innovation, competition, and consumer access within financial services.(e) Merchants, retailers, and other sellers of nonfinancial goods and services are excluded from the department’s authority, subject to the following conditions:(1) The department may not exercise authority under this division as to the following:(A) The bona fide extension of credit by a merchant, retailer, or seller of nonfinancial goods and services to a consumer for the acquisition of a nonfinancial good or service, provided that all of the following conditions are met:(i) The credit extended does not significantly exceed the fair market value of the nonfinancial good or service provided.(ii) The merchant, retailer, or seller does not sell or otherwise assign the debt, except as to the sale of delinquent debt for the purposes of collection.(iii) The merchant, retailer, or seller of nonfinancial goods and services does not regularly extend credit, as defined under the federal Truth in Lending Act (15 U.S.C. Sec. 1601 et seq.) and regulations issued thereunder.(B) The collection or sale of delinquent debt arising from credit described in clause (i).(2) Nothing in paragraph (1) shall limit the department’s authority to the extent that the department finds the sale of the nonfinancial good or service is done as a subterfuge, so as to evade or circumvent the provisions of this title.(Added by Stats. 2020, Ch. 157, Sec. 7. (AB 1864) Effective January 1, 2021.)