First Suffolk Mortgage Corporation - Order of Revocation
State of New York Banking Department
In the Matter of
First Suffolk Mortgage Corporation
A Licensed Mortgage Banker Pursuant
- Respondent -
ORDER OF REVOCATION
AFTER, due and proper notice and hearing; and
AFTER, review of the transcript of the January 9, 2009 hearing in this matter and the Statement of Agreement and Order of Ms. Jean Marie Brescia, Esq., the duly designated Hearing Officer, a copy of which is annexed hereto, I find that substantial evidence has been adduced that Respondent, a mortgage banker licensed pursuant to Article 12-D of the New York State Banking Law (the “Banking Law”), violated the provisions of Parts 410.1(b) (1) and (2) and 410.8 (m) of the Superintendent’s Regulations.
NOW THEREFORE, under the authority granted to me pursuant to Sections 595(1)(a) and (b) of the Banking Law:
IT IS HEREBY ORDERED,
- That Respondent’s license as a mortgage banker is revoked forthwith pursuant to Article 12-D of the New York Banking Law.
- That Respondent immediately return the mortgage banker license issued by the Banking Department.
Witness, my hand and official seal of the Banking Department at the City of New York, this 17th day of April in the Year two thousand and nine.
Richard H. Neiman
Superintendent of Banks