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North American Financial Unlicensed Lending California Complaint

July 5, 2021

North American Financial Corporation (NAFC) has been making mortgage loans in California. What’s wrong with that? The complaint for this class action alleges that the company was not licensed to make such loans, but only to act as a broker between consumers and a licensed lender. Thus, the complaint argues, the borrowers for those loans are not required to pay interest on them.

Case Event File: North American Financial Unlicensed Lending California Complaint

Related to: North American Financial Unlicensed Lending California Class Action