United Financial Mortgage Corp.- Order of Revocation
State of New York Banking Department
In the Matter of
United Financial Mortgage Corp.
A Licensed Mortgage Broker Pursuant
- Licensee -
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 Findings of Fact and Recommended Decision of April Bowie, 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 Section 17.2 of the Superintendent’s Regulations in that Respondent failed to pay the final general assessment fees for the 2006-07 fiscal year and the third quarter of 2007-08 fiscal year.
NOW THEREFORE, under the authority granted to me pursuant to Sections 595(1) and 44-a of the Banking Law:
IT IS HEREBY ORDERED,
- That Respondent’s license as a mortgage banker is revoked pursuant to Article 12-D upon the receipt of this Order;
- That Respondent immediately return the mortgage banker’s license issued by the Banking Department upon the receipt of this order; and
Witness, my hand and official seal of the Banking Department at the City of New York, this 6th day of May in the Year Two Thousand and Nine.
Director of Non-Depository Institutions
and Consumer Protection