The meeting included an overview of the debt collection program assessment process, covering the calculation methodology, invoice issuance through the Nationwide Multi-state Licensing System (NMLS), and payment procedures. There was a discussion regarding the need for accurate reporting of net proceeds in annual reports, with an emphasis on potential enforcement actions for inaccuracies. Additionally, the committee discussed the possibility of providing a public-facing report on debt collection complaints and fielded questions regarding the scope and costs of examination processes.
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The meeting agenda includes discussions on CPA independence and peer review, as well as Department of Financial Protection and Innovation updates regarding advisory appointments, enforcement actions, and licensing statistics. Additional topics cover bond requirements, financial compliance, annual reporting, and the EAFC process.
Jul 1, 2026·Budget
FY2026-27 Budget
The Department of Financial Protection and Innovation's budget details for fiscal year 2026-27 (2026-27 State Budget), presenting appropriations and adjustments for state operations and local assistance as part of the proposed state budget.
Jun 9, 2026·Board meeting
Escrow Law Advisory Committee Notice And Agenda
The meeting agenda includes departmental updates from the DFPI covering advisory committee openings, enforcement actions, and examiner identification. Other primary topics for discussion involve the review of escrow law revenue and expenditures, as well as professional licensing requirements.
