Administrative Decisions — N

Respondents OAH Decision Decision's Effective Date Law Description
Nader, Allen C. L2006040103 08/10/06 California Deferred Deposit Transaction Law Order to desist and refrain from engaging in unlicensed deferred deposit transactions, and denying an application for a deferred deposit transaction License, pursuant to Financial Code sections 23050 and 23011.
National City Mortgage Company

N2003050833

See also Civil Action

02/10/04 California Residential Mortgage Lending Act Order to revoke residential mortgage lender and residential loan servicer License because of respondents assertion of federal preemption, a condition that had it existed at the time of the original application for a License, would have warranted the Commissioner in refusing to issue the License. Ordered pursuant to California Financial Code section 50327 of the California Residential Mortgage Lending Act.
Nationwide Asset Services; Nationwide Asset Services, Inc.
N2005120755
08/04/06 Check Seller, Bill Payer and Proraters Law Order to desist and refrain from engaging in the business of a prorater without a License, pursuant to Financial Code sections 12103 and 12200.
Nationwide Asset Services; Nationwide Asset Services, Inc. N2005120755 02/27/07 Check Sellers, Bill Payers and Prorates Law Order to:
(1) Pay $50,839.96 as restitution for unlawfully charged cancellation fees;
(2) Pay $2,884,137.34 as restitution, which may be stayed pending an audit;
(3) Reimburse $86,182,42 to the Commissioner for fees and costs;
(4) Pay $12,500 in administrative penalties;
(5) Notify California clients that any contract(s) has been declared null and void by Order of the Commissioner; and
(6) Provide a detailed accounting to California clients.
Nechemia, Ron 2009050861 12/30/09 Corporations Securities Law of 1968 Order to desist and refrain from violating Corporations Code section 25110 (offer or sale of unqualified securities) and Corporations Code section 25401 (false and misleading statements of material fact)
Neil Godbole 2012110648 4/5/14 Corporate Securities Law of 1968 Order to bar Respondent from any position of employment, management or control of any investment adviser, broker-dealer or commodity adviser pursuant to Corporations Code section 25213, and section 25212 (d) (is or has been subject to any order of the Securities and Exchange Commission denying registration to, or revoking or suspending the registration of, the person as a broker, dealer, agent, or investment adviser).
Northern California Escrow Services, Inc. 2014040336 1/10/15 Escrow Law Order to suspend Respondent’s escrow agent license and impose penalties pursuant to Financial Code sections 17210 (tangible net worth and liquid asset requirements), 17406 subdivision (a) (submission of audited financial statements to Commissioner) and 17602.5 (failure to timely file a report required by law or the Commissioner) of the Escrow Law.