The Commissioners can impose fees and fines to cover what?

The Commissioners have the authority to impose fees and fines primarily to cover their administrative costs. This function is essential for ensuring that the regulatory body can maintain its operations effectively, manage resources, and enforce compliance with the rules governing mortgage lending. Administrative costs can include expenses related to staffing, training, office supplies, and other necessities that allow the organization to function efficiently. By collecting fees and fines, the Commissioners can secure the funding required to carry out their responsibilities and enforce consumer protection laws, all of which contribute to a stable and reliable mortgage lending environment in California.