dfpi-2023-0081
Inland Heritage Escrow — license suspension
Trust account shortfall of $220,000 identified during annual examination. License suspended; shortfall cured.
- Party
- Inland Heritage Escrow, Inc.
- County
- Riverside, CA
- Year
- 2023
- Amount at issue
- $220K
- Authority
- California DFPI
- Status
- Closed
What happened
Annual exam in April 2023 found a $220,000 shortfall traced to commingled operating expenses.
License suspended for 60 days. Shortfall cured from owner's personal funds.
License reinstated with enhanced reporting requirements.
Primary sources
- DFPI Suspension OrderDFPI File No. 963-2241