 Ramsey. Why refi is not licensed by the California Department of Financial Protection and Innovation. Why refi is not authorized by the New York State Department of Financial Services to service any New York loans. Funding may not be available in all states. 2022 was a year of financial hurdles for most Americans. Mortgage interest rates rose. An economic recession began. The government made more empty promises to forgive student loan debt. But Americans still returned to credit cards and trusted the government to bail them out.