Mortgage Broker
Virtua Funding, LLCFind BBB Accredited Businesses in Mortgage Broker.
Information and Alerts
Alert Details
This business has 1 alert.
Government Actions
THE COMMISSIONER OF BUSINESS OVERSIGHT v. VIRTUA FUNDING, LLC
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government’s allegations, which have not yet been proven.
On January 29, 2019 an Accusation was filed by The Commission of Business Oversight (CA) that Virtua Funding, pursuant to Financial Code section 22159, failed to file their annual report of business by March 15, 2018. The business was assessed a fine of $4,000 which has been unpaid. Virtua Funding has also failed to request a hearing in regards to the matter within the 30 day period for timely filing.
The Commissioner finds that by failing to pay the Penalty Order assessed against Respondent within five business days of the order being deemed a final order of the Commissioner, the Respondent has failed to comply with a demand, ruling, or requirement of the Commissioner made pursuant to and within the authority of the CFL, and it is in the best interests of the public to revoke the CFL license of Respondent.
Service Area
- Salt Lake County, UT
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