Olympia Mortgage Corp

The California Department of Corporations, citing business practices unsafe and injurious to consumers, has ordered Olympia Mortgage Corp. to immediately establish separate trust accounts for California borrowers. The department said it took the action because Olympia violated the California Residential Mortgage Lending Act. It ordered the mortgage company to cease practices injurious to consumers.

The California Department of Corporations, citing business practices unsafe and injurious to consumers, has ordered Olympia Mortgage Corp. to immediately establish separate trust accounts for California borrowers. The department said it took the action because Olympia violated the California Residential Mortgage Lending Act. It ordered the mortgage company to cease practices injurious to consumers.