New york mortgage banker license

Patrick has a passion for process improvement and led initiatives to bring efficiencies to the mortgage process. Steven A. Milner has nearly 4 decades of experience in the Mortgage Banking industry having started his career as a Loan Officer in in New York on Long Island. Currently, Mr. In , Mr. Moreover, Mr. His employees all believe in the value of helping people attain the dream of Home Ownership. As such, Mr. Milner has consistently focused on making education the key cornerstone to helping home buyers attain their dream of homeownership.

Greg has 30 years experience in Multi-Unit restaurant management with International restaurant companies as well as over 15 years as a Mortgage Originator. He also is on several industry related committees.

Jeff Barringer is a member in the Albany office of McGlinchey and concentrates his practice on consumer financial services regulatory compliance. Jeff advises financial institutions, mortgage lenders, mortgage servicers, sales finance companies, and other providers of consumer financial services on compliance with state and federal law. He has particularly notable experience in mortgage lending, mortgage servicing, and manufactured housing finance.

He also counsels clients regarding automobile finance, sales finance, secured and unsecured lending, commercial lending, real estate brokerage, and money services businesses. His professional background includes responsibilities as a business owner, manager, writer, advocate, and project leader. Mortgage Banker Licensing Information Page. The City has tried to provide you with correct information on this website. While every effort has been made to ensure that the information provided is accurate and up-to-date, errors are still possible.

The information provided is not legal advice. You may need additional information to meet the legal requirements for starting or operating your business. Unlock the key to NYC. The superintendent is hereby authorized and empowered to make such specific rulings, demands and findings as the superintendent may deem necessary for the proper conduct of the mortgage lending industry.

Exemptions from provisions of article. No person shall be subject to the licensure or registration provisions of this article if he or she is employed by an exempt organization, a licensee or registrant, or a mortgage loan servicer to assist in the performance of the business activities described in this article for the exempt organization, licensee or registrant, or a mortgage loan servicer or is engaged in regulated activities as an associate or affiliate of a registrant, a licensee, a mortgage loan servicer or exempt organization which has filed an undertaking of accountability with the superintendent.

No employee of an exempt organization shall be subject to the licensure or registration provisions of this article due to such employee's assisting in the performance of the business activities of a mortgage banker that is controlled by the exempt organization or affiliated with the exempt organization through common ownership or control. Activities of mortgage brokers, mortgage bankers, mortgage loan servicers and exempt organizations. Mortgage brokers and federal housing administration-insured mortgage loans.

The federally-approved sponsor shall also promptly notify the superintendent when any such agreement with a mortgage broker terminates; vi maintains a written agreement with its federally-approved sponsors to fund all federal housing administration-insured mortgage loans that the mortgage broker makes; vii issues a lock-in agreement or commitment only after receiving approval for such agreement or commitment from its federally-approved sponsors; and viii maintains at all times the federal net worth requirement.

The superintendent is hereby authorized and empowered, consistent with the declaration of policy set forth in this article, to exempt by rule or regulation from any or all of the provisions of this article any or all licensees or exempt organizations as defined in paragraph e of subdivision one of this section with respect to credit line mortgages, installment loans and home improvement loans. Disclaimer: These codes may not be the most recent version.

New York may have more current or accurate information.