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Consumer alerts and press releases

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Recent releases:
State revokes registration of Gresham collection agency
Action follows complaints filed against All Debt Recovery, LLC
- 08/15/08
State takes enforcement action against four mortgage brokers
Cases involve unethical behavior, falsified loan documents, training requirements
- 08/13/08
Department looking for claimants in 1980s securities case - 07/30/08
Oregon banks remain strong - 07/28/08
State orders Eugene pawnbroker to cease illegal operations
Business was unlicensed, charged higher-than-allowed interest rates
- 07/28/08

All releases:

Banks & trusts
Oregon banks remain strong - 07/28/08
Oregon financial regulator receives national reaccreditation - 11/26/07

Collection agencies
State revokes registration of Gresham collection agency
Action follows complaints filed against All Debt Recovery, LLC
- 08/15/08

Consumer finance
State issues order against consumer finance lender for exposing clients to identity theft. Noble Finance must cease and desist, reimburse investigative costs. - 05/27/08

Credit services organizations
No recent alerts or press releases at this time. For past bulletins, click here.

Credit unions
No recent alerts or press releases at this time. For past bulletins, click here.

General consumer alerts and news releases not related to a specific program area
No recent alerts or press releases at this time. For past bulletins, click here.

Investor information
Portland Events to Provide Guidance in Retirement Investing and Recognizing Scams - 04/15/08
State identifies most common investment scams - 05/17/07

Mortgage lenders
State takes enforcement action against four mortgage brokers
Cases involve unethical behavior, falsified loan documents, training requirements
- 08/13/08
Oregon receives grant money for foreclosure counseling and assistance - 03/17/08
State issues fines, enforcement orders in 4 mortgage lending cases - 08/16/07
Department offers advice to help consumer avoid foreclosure - 08/9/07
AG Myers and DCBS remind Oregonians of restitution eligibility in $325 million Ameriquest settlement - 07/12/07
State orders $46,000 in fines against promoters of illegal mortgage rescue scheme - 06/20/07
State issues fines, enforcement orders in 2 mortgage lending cases - 06/7/07
State orders two mortgage providers to stop illegal activity - 04/17/07
State to strengthen regulation of mortgage lenders - 01/18/07
Mortgage Lending Requirements Strengthened - 01/17/07

Prearranged funeral plans (preneed certified providers), endowment care, & master trustees
No recent alerts or press releases at this time. For past bulletins, click here.

Securities enforcement
Department looking for claimants in 1980s securities case - 07/30/08
State investigating sales of auction-rate securities - 04/24/08
Michael K. Frazier of Frazier Financial Services arrested for theft, fraud, and sale of unregistered securities - 03/4/08
State orders Springfield company to cease and desist - 01/8/08
State orders $46,000 in fines against promoters of illegal mortgage rescue scheme - 06/20/07
SEC, State of Oregon permanently put investment adviser out of business - 06/5/07
State identifies most common investment scams - 05/17/07
State warns consumers about sweepstakes scam - 05/15/07
Regulators Join Forces to Warn Public of Foreign Currency Trading Frauds - 05/7/07
State revokes La Grande stockbroker's license - Stockbroker invested senior citizens' money in risky, unsuitable oil and gas partnerships - 04/25/07
State orders company to stop selling securities in Oregon - 03/12/07
State orders former Portland-area stockbroker to pay restitution to investors - 01/23/07

Securities registration
Securities Fee Change - 02/27/08
 

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