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Wright Mortgage Bankers, Inc. - Order of Revocation

State of New York Banking Department


In the Matter of

Wright Mortgage Bankers, Inc.

A registered Mortgage Broker Pursuant
to Article 12-D of the New York Banking Law

- Respondent -

ORDER OF REVOCATION


AFTER, due and proper notice and hearing; and

AFTER, review of the transcript of the December 24, 2009 hearing in this matter and the Findings of Fact and Recommended Decision 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 the Respondent, a mortgage banker licensed pursuant to Article 12-D of the New York Banking Law (the “Banking Law”), failed to comply with the provisions of Section 597 of the Banking Law and Parts 410.1(b)(2) of the Superintendent’s Regulations.

NOW THEREFORE,under the authority granted to me pursuant to Sections 595(1) and 44-a of the Banking Law:

IT IS HEREBY ORDERED,

  1. That Respondent’s name as a mortgage banker should be deleted from the roll of mortgage bankers licensed pursuant to Article 12-D of the Banking Law; and
  2. That Respondent immediately returns the mortgage banker license issued by this Department upon the date of this order.
Witness, my hand and official seal of the Banking Department at the City of New York, this 31st day of March in the Year two thousand and ten.

____________________________
Jane Azia
Director of Non-Depository Institutions
and Consumer Protection