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
- 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,
- 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
- That Respondent immediately returns the mortgage banker license issued by this Department upon the date of this order.
Director of Non-Depository Institutions
and Consumer Protection