Consent Order

Worldwide Financial Resources, Inc.
Consent Order #E09-8081, December 4, 2009.  Licensee will cease taking new mortgage loan applications, and will disable its web site.  Licensee will redirect any residential mortgage loan applications and secure a viable lender for pre-closing loan applications in the pipeline.  Licensee surrendered its license and the license of each of its branch offices.

Cease and Desist Order and Order to Show Cause

Ideal Mortgage Bankers D/B/A Lend America and Lending Key
Michael Primeau
Stan Mandel
Andreas Eletherious
Order #E09-8461, December 4, 2009.  Licensees are ordered to cease and desist from closing loans without available funding for NJ residential mortgage loan customers, originating any loans or accepting any fees with respect to NJ mortgage loan customers.  Licensees must take action to fund loans that have closed without funding or redirecting such loans to a viable alternate funding source.  Licensees must take action to transfer loans in the pipeline to a viable alternative lender, with no transfer costs.  Licensees must take action to pay restitution to borrowers, and to preserve for examination any and all books, accounts, records and documents.  Licensee must take action to place into escrow until further order of the Commissioner, all monies representing fees of any kind paid by NJ mortgage loan customers for a loan that has not been funded. Licensees are also ordered to show cause why their licenses should not be revoked and administrative penalties imposed.  Licensees have the right to request a hearing within 20 calendar days from the date of service.

Final Order

NJ Mortgage Bankers Corp., Freehold, NJ
Bharat K. Shah, Freehold, NJ
Final Order #E07-0381, December 4, 2009; Order to Show Cause #E07-0381. Licensees failed to replace a dishonored check.  Licensees failed to request a hearing within 20 calendar days from the date of service of the Order to Show Cause, thus waiving their rights to a hearing.  Licenses are suspended until Commissioner receives penalty.  Fine: $800.

Stephen M. Fedor, Berlin, NJ
Final Order #E05-0884, December 4, 2009; Order to Show Cause #E05-0884. Registered Mortgage Solicitor failed to replace a dishonored check. Registrant failed to request a hearing within 20 calendar days from the date of service of the Order to Show Cause, thus waiving his rights to a hearing.  Solicitor registration is rescinded until Commissioner receives penalty. Fine: $43.75

Global Access Communications, Inc., Ft. Lee, NJ
Marcus Mullings, Ft. Lee, NJ
Final Order #E04-0648, December 24, 2009; Order to Show Cause #E04-0648, November 5, 2009.  Licensees failed to pay the cost for the official examination of the business conducted by the Department.  Licensees failed to request a hearing within 20 calendar days from the date of service of the Order to Show Cause, thus waiving their rights to a hearing.  Licenses are suspended until Commissioner receives payment of the penalties and the exam bill payment.  Fee:  $456; Fine: $5,000.

Help Me Ride, Inc., Edison, NJ
Kelley Nichols-Cuzzi, Edison, NJ
Final Order #E06-0455, December 24, 2009; Order to Show Cause #E06-0455, September 30, 2009. Licensee failed to file annual reports setting forth information required concerning business conducted as a sales finance company. Licensee failed to request a hearing within 20 calendar days from the date of service of the Order to Show Cause, thus waiving their rights to a hearing.  License is suspended until Commissioner receives annual reports and associated filing fee and penalty. Fee: $200; Fine: $5,000.

Ze’Ev Pachter, Ardmore, PA
Final Order #E04-0260, December 24, 2009; Order to Show Cause #E04-0260, February 25, 2005. Licensee failed to pay the cost for the official examination of business conducted by the Department.  Licensee failed to request a hearing within 20 calendar days from the date of service of the Order to Show Cause; thus waiving his rights to a hearing.  License is suspended until Commissioner receives payment of the penalties and the exam bill payment. Fee: $1,524; Fine: $2,500.
 
Order to Show Cause

Vintage Mortgage Corporation, Stratford, NJ
Lawrence D. Lewis, Pennsauken, NJ
Order to Show Cause #E06-0887, December 24, 2009.  Licensees failed to respond and take corrective action as directed by the Department in a 2006 report of examination.  Licensees ordered to show cause why their licenses should not be revoked or suspended, and why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.

Discount Mortgages of America, Inc., Willston Park, NY
Rajiv Mody, Willston Park, NY
Order to Show Cause #E06-0431, December 24, 2009. Licensees failed to file an annual report for 2005 setting forth information required concerning business.  Licensees ordered to show cause why their licenses should not be suspended until Commissioner has received the reports and associated filing fee, and why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.  

American Mortgage Express Corp., Mt. Laurel, NJ
Jack Mondel, Cherry Hill, NJ 
Order to Show Cause #E06-0192, December 24, 2009. Licensees failed to respond and take corrective action as directed by the Department in a 2006 report of examination.  Licensees ordered to show cause why their licenses should not be revoked or suspended, and why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.

Order to Show Cause

Global Access Communications, Inc., Ft. Lee, NJ
Marcus Mullings, Ft. Lee, NJ
Order to Show Cause #E04-0648, November 5, 2009.  Licensees failed to submit the cost for the official examination of the business conducted by the Department. Licensees ordered to show cause why their licenses should not be suspended or revoked until Commissioner has received the exam bill payment, and why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.  

Final Order

A.K. Auto, Inc., Blackwood, NJ
John Branca, Blackwood, NJ
Final Order #E07-0738, October 6, 2009; Order To Show Cause #E07-0738, July 23, 2007. Licensee and owner-operator failed to file an annual report setting forth information required concerning business conducted as a motor vehicle installment seller. Licensee failed to request a hearing within 20 calendar days from the date of service thereby waiving their rights to a hearing. License is suspended until Commissioner receives annual report, filing fee, and fine. Fee: $100; Fine: $500.

Bayonne Auto Auction Outlet, LLC, Staten Island, NY
Miedan Klietman, Staten Island, NY
Final Order #E07-0725, October 6, 2009. Order To Show Cause #E07-0725, July 23, 2007. Licensee and owner-operator failed to file an annual report setting forth information required concerning business conducted as a motor vehicle installment seller. Licensee failed to request a hearing within 20 calendar days from the date of service thereby waiving their rights to a hearing. License is suspended until Commissioner receives annual report, filing fee, and fine. Fee: $100; Fine $500.

Order to Show Cause

G & R Check Cashing, Roselle, NJ
George Grooms, Sayreville, NJ
Order to Show Cause #E07-0406, October 15, 2009. Licensee and owner-operator failed to furnish a written response regarding the examination of G & R, as required in the Department’s report of examination. Licensee ordered to show cause why their license should not be suspended or revoked until Commissioner has received the required response and payment of penalty. Licensee also ordered to show cause why they should not be responsible for administrative penalties. Licensee has the right to request a hearing within 20 calendar days from the date of service.

Order to Show Cause

RP Pawn Shop, Inc. Brigantine, NJ
Order to Show Cause #E05-0318, September 14, 2009. Licensee failed to file annual reports for 2004 and 2005 setting forth information required concerning pawnbroking business activity.  Licensee ordered to show cause why their license should not be suspended until Commissioner has received the reports and associated filing fee. Licensee also ordered to show cause why they should not be jointly responsible for administrative penalties. Licensee has the right to request a hearing within 20 calendar days from the date of service.  

Madison First Financial, Inc., Wayne, PA
Timothy Adam Clark, Wayne, PA
James C. Covis, West Chester, PA
Order to Show Cause #E07-1088, September 14, 2009. Licensee failed to respond and take corrective action as directed by the Department in a 2006 report of examination. Licensees ordered to show cause why their licenses should not be revoked or suspended. Licensees also ordered to show cause why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.  

Money Warehouse, Inc., Trenton, NJ
Yuri Volin, Philadelphia, PA
Order to Show Cause #E05-1021, September 29, 2009. Licensee employed mortgage solicitors who took mortgage applications without being registered by the Department. Licensees ordered to show cause why their licenses should not be revoked or suspended. Licensees also ordered to show cause why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service. 

Act Lending Corporation, Glen Olden, PA
Gregory Moffett, Glen Olden, PA
Nelson Haws, Plantation, FL
Order to Show Cause #E07-0301, September 29, 2009.Licensee failed to employ an individual licensee with secondary authority while transacting secondary loan business; failed to notify the Department of a change of address; and failed to notify the Department of a change of out-of-state records location. Licensees ordered to show cause why their licenses should not be revoked or suspended. Licensees also ordered to show cause why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service. 

Final Order

Broad Associates, Inc., Elizabeth, NJ
Peter Moriello, Elizabeth, NJ
Final Order #E07-0800, September 29, 2009, Order to Show Cause #E07-0800, July 24, 2007.  Licensees failed to file an annual report setting forth information required concerning business conducted as a home repair contractor. Licensees failed to request a hearing within 20 calendar days from the date of service, thereby waiving their rights to a hearing. Licenses are suspended until Commissioner receives annual report and associated filing fee. Fees - $100 – Fine $2,500.

TBI Mortgage Company, Hampton, NJ
Richard Miller, Cherry Hill, NJ
Christopher Pierson, Moorestown, NJ
Toll Holdings, Inc., Huntington Valley, PA
Final Order #E05-0861, September 30, 2009, Order to Show Cause #E05-0861, December 29, 2006. Licensee failed to file an annual report setting forth information required concerning business conducted as a licensed lender and failed to demonstrate required net worth for the relevant period. Licensee failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing. Licenses are suspended until Commissioner receives annual report and associated filing fee. Fees - $100 – Fine $2,500.

Order to Cease & Desist and Order to Show Cause

Taylor, Bean Whitaker, Saddle Brook, NJ
Michael Paul Stec, Saddle Brook, NJ; Raymond Bowman, Ocala, FL; Sherry Dickinson, Dunellen, FL; Paul Allen, Ocala, FL; Lee Farkas, Ocala, FL
Order to Show Cause #E09-7929, August 6, 2009 – Licensee shut down operations in NJ without appropriate notice to the Commissioner or other interested parties; ceased to disburse funds on unknown number of mortgage loans; failed to deliver mortgage loan proceeds funds within required time, took an unknown number of pending mortgage loan applications from NJ borrowers that have not closed; failed to maintain the required net worth. Such actions constituted a material breach of a recent settlement agreement and Order. Licensees ordered to cease and desist immediately from any residential mortgage lending business in NJ and to take actions to hold harmless all affected NJ residential mortgage loan applicants. Licensees ordered to show cause why their licenses should not be revoked; why they and principals and officers should not be barred from licensure or being principals or officers or having an ownership interest in the residential mortgage loan business in NJ for 10 years; and why penalties should not be imposed. Licensees have the right to request a hearing within 20 days of service.

Order to Show Cause

Liberty National Mortgage, LLC, Jersey City, NJ
Ralph Picarillo, Neshamic Station, NJ
Peter Mocco, Bernardsville, NJ
Order to Show Cause #E07-0176, August 31, 2009 – Licensee employed at least two solicitors who took 10 applications without first being registered with the Department. Licensee ordered to appear and show cause why they should not be jointly or severally liable for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.

Hamilton FS, LLC, Mendham, NJ
Order to Show Cause #E08-0028, August 31, 2009 – Licensee failed to furnish a written response regarding the examination of the licensee as required in the Department’s report of examination.  Licensee ordered to appear and show cause why their licensed lender license should not be suspended or revoked and why they should not pay penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.

Final Order

Lincoln First Financial Services, Inc., Hasbrouck Heights, NJ
Thomas Gallagher, Hasbrouck Heights, NJ
Final Order #E06-0460, August 31, 2009; Order To Show Cause #E06-0460, June 23, 2009 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Lincoln First Financial Services, Inc., has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service, thereby waiving their rights to a hearing. Licenses are suspended until Commissioner receives annual report filing fee. Fees - $100 – Fine $7,500.

Beacon Chevrolet Oldsmobile, Inc., Detroit, MI
Final Order #E07-0722, August 31, 2009; Order To Show Cause #E07-0722, June 23, 2009 – Licensees failed to file an annual report setting forth information required concerning business conducted as a motor vehicle installment seller. Licensees also failed to demonstrate that Beacon Chevrolet Oldsmobile, Inc. has required net worth, tangible net worth and/or liquid assets to conduct business as a motor vehicle installment seller. Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing. Licenses are suspended until Commissioner receives annual report filing fee.  Fees - $100 – Fine $500.

Order to Show Cause

NJ Mortgage Bankers Corp, Freehold, NJ
Bharat Shah, Freehold, NJ
Order to Show Cause #E06-0460, June 23, 2009 – Licensees failed to replace a dishonored check in the amount of $800 in violation of N.J.A.C. 3:1-6.7(a).  Licensees ordered to show cause why their licensed lenders licenses should not be suspended until Commissioner has received the replacement check.  Licensees also ordered to show cause why they should not be liable for administrative penalties in the amount of $5,000. Licensees have the right to request a hearing within 20 calendar days from the date of service.   

Lincoln First Financial Services, Inc., Hasbrouck Heights, NJ
Thomas Gallagher, Hasbrouck Heights, NJ
Order to Show Cause #E07-0381, June 23, 2009 – Licensees failed to file an annual report setting forth information required concerning business.  Licensee also failed to demonstrate required net worth, tangible net worth and/or liquid assets to conduct business.  Licensee also failed to furnish a written response regarding the examination of Lincoln First.  Licensee ordered to show cause why their licenses should not be suspended until Commissioner has received their annual filing fee.  Licensee also ordered to show cause why they should not be jointly responsible for administrative penalties. Licensees have the right to request a hearing within 20 calendar days from the date of service.  

Consent Order

US Mortgage Corporation, Pine Brook, NJ
Consent Order #E09-6960, March 20, 2009 – Licensee is in Bankruptcy proceedings; corporate president is under federal investigation for misappropriation of funds; corporate Licensee lost all funding sources; consented to a cease and desist order with respect to all operations effective immediately and to actions necessary to avoid loss and damage to consumers, and to customers of related entity CU National, LLC. 

Final Orders

American Assoc. for Private Ownership, Inc., t/a Network Automotive,
Upper Saddle River, NJ
Final Order #E07-0753, February 25, 2009; Order to Show Cause #E07-0753, July 23, 2007 – Licensee failed to file an annual report setting forth information required concerning business conducted as a licensed motor vehicle installment seller.  Licensee also failed to demonstrate that AAPO had required net worth, tangible net worth and/or liquid assets to conduct business.  Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

A R Leasing, Inc., Berlin, NJ
Final Order #E07-0714, February 25, 2009; Order to Show Cause #E07-0714, July 23, 2007 – Licensed motor vehicle installment seller failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate required net worth, tangible net worth and/or liquid assets to conduct business. Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

American Money Centers, Inc., Ewing, NJ
Ernest Curran, Ewing, NJ
Final Order #E07-0865, February 25, 2009; Order To Show Cause #E07-0865, July 29, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that American Money has required net worth, tangible net worth and/or liquid assets to conduct business. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Carpet Depot of NJ, Inc., Ft. Washington, PA
Ira Tackel, Ft. Washington, PA
Steve Melker, Ft. Washington, PA
Final Order #E07-0780, February 25, 2009; Order To Show Cause #E07-0780, July 24, 2007 – Licensed home repair contractor failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate that Carpet Depot has required net worth, tangible net worth and/or liquid assets to conduct business. Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

B & B Auto Sales, Toms River, NJ
Gary Bodeep, Toms River, NJ
Michelle Bodeep, Toms River, NJ
Final Order #E07-0714, February 25, 2009; Order To Show Cause #E07-0714, July 23, 2007 – Licensed motor vehicle installment seller partnership failed to file an annual report setting forth information required concerning business. Licensees also failed to demonstrate that B & B has required net worth, tangible net worth and/or liquid assets to conduct business. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Windsor Financial Mortgage Corp, Boothwyn, PA
Joseph Granahan, Boothwyn, PA
Final Order #E04-0712, February 25, 2009; Order To Show Cause #E04-0712, September 9, 2005 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Windsor has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine.  Fees - $100; Fine $2,500.

Altimate Discount Mortgage Corporation, Collegeville, PA
Scott Olinger, Collegeville, PA
Final Order #E07-0825, February 25, 2009; Order To Show Cause #E07-0825, July 25, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Altimate has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine.  Fees - $100; Fine $2,500.

AAA Auto Sales, Brick, NJ
Robert Lanzieri, Brick, NJ
Final Order #E07-0748, February 25, 2009; Order To Show Cause #E07-0748, July 23, 2007 –  Licensed motor vehicle installment sellers failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate that AAA has required net worth, tangible net worth and/or liquid assets to conduct business. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Central Pacific Mortgage Company, t/a CSF Financial Group, Woodcliff, NJ
Marc Rabin, Woodcliff, NJ  07677
Final Order #E07-0831, February 25, 2009; Order To Show Cause #E07-0831, July 25, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Central has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine.  Fees - $100; Fine $2,500.

Burbank Industries, Inc. t/a Valley Pools, Hamilton Square, NJ
Anthony Bencivengo, Jr., Hamilton Square, NJ
Final Order #E07-0799, February 25, 2009; Order To Show Cause #E07-0799, July 24, 2007 – Licensed home repair contractor failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate that Burbank has required net worth, tangible net worth and/or liquid assets to conduct business. Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Clearlight Mortgage Corporation, West Islip, NJ
Joseph O’Shea, West Islip, NJ
Final Order #E07-0834, February 25, 2009; Order To Show Cause #E07-0834, July 26, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Clearlight has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Act Lending Corporation, Glen Olden, PA
Gregory Moffett, Glen Olden, PA
Final Order #E07-0859, February 25, 2009; Order To Show Cause #E07-0859, July 27, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Act Lending has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Bergin General Contracting Corp., Ramsey, NJ
Daniel Bergin, Ramsey, NJ
Final Order #E07-0792, February 25, 2009; Order To Show Cause #E07-0792, July 24, 2007 – Licensed home repair contractor failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate that Bergin General has required net worth, tangible net worth and/or liquid assets to conduct business. Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Capital Financial Corp., Basking Ridge, NJ
Richard Gagliardi, Basking Ridge, NJ
Final Order #E07-0836, February 25, 2009; Order To Show Cause #E07-0836, July 26, 2007 – Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender. Licensees also failed to demonstrate that Capital has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender. Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine.  Fees - $100; Fine $2,500.

A&S Enclosures and Home Improvement, Inc., Longport, NJ
Henrietta Schmei, Longport, NJ
Final Order #E07-0791, February 25, 2009; Order To Show Cause #E07-0791, July 24, 2007 – Licensed home repair contractor failed to file an annual report setting forth information required concerning business. Licensee also failed to demonstrate that A&S has required net worth, tangible net worth and/or liquid assets to conduct business. Licensee failed to request a hearing within 20 calendar days from the date of service thus waiving right to a hearing. Licenses are suspended until Commissioner receives annual report, filing fee, and fine. Fees - $100; Fine $2,500.

Consent Order

First Guaranty Mortgage Corporation, McLean, VA
Consent Order#E08-0357, August 18, 2008; Licensee violated the Licensed Lenders Act by charging commitment feels at closing.  Licensee ordered to refund the commitment fees charged on first mortgage loans closed from June 18, 2007 through August 18, 2008.  Penalty - $1,000; Refund to consumers $11,505.

Final Orders

Moneywell Mortgage, Inc. Staten Island, NY
Daniel Mingoia, Staten Island, NY
Final Order #E05-0801, June 26, 2008, Order To Show Cause #E05-0801, February 26, 2006– Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Moneywell has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.  Fee- $100; Fine - $2,500.

Flexible Benefits Mortgage Corp., Plainfield, NJ
Stuart Cundiff, Plainfield, NJ
Final Order #E06-0447, June 25, 2008, Order To Show Cause #E06-0447, December 29, 2006; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Flexible Benefits has required net worth, tangible net worth and./or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.   Fees - $100; Fine $2,500.

Home Funding Group, Inc., Essex Falls, NJ
Polly Morozov, Essex Falls, NJ
Final Order #E05-0847, June 25, 2008, Order To Show Cause #E05-0847, December 18, 2006; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Home Funding has required net worth, tangible net worth and./or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.    Fees - $100; Fine $2,500.

Strata Mortgage Corporation, Mt. Laurel, NJ
Brian Thompson, Mt. Laurel, NJ
Final Order #E05-0845, June 25, 2008, Order To Show Cause #E05-0845, April 21, 2006; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Strata has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.  Fees - $100; Fine $2,500.

Andre Bernard, Inc. t/a MS Funding, West Orange, NJ
Marie Mercadante, West Orange, NJ
Final Order #E05-0686, June 25, 2008, Order To Show Cause #E05-0686, December 29, 2006; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Andre Bernard had required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.  Fees - $100; Fine $2,500.

Allegro Funding Limited Liability Company, Spring Lake, NJ
Kevin Commons, Spring Lake, NJ
Final Order #E05-0672, June 25, 2008, Order To Show Cause #E05-0672, December 29, 2006; Licensee Allegro failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensee Allegro also failed to demonstrate that it had required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensee failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.  Fees - $100; Fine $2,500.

JDS Mortgage Brokers, Inc., Dover, NJ
Athanasio Dankus, Dover, NJ
Final Order #E06-0461, June 25, 2008, Order To Show Cause #E06-0461, December 29, 2006; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that JDS has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service therefore waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report, filing fee, and fines.  Fees - $100; Fine $2,500.

Order to Show Cause

Sylvander Corporation, Orange, NJ
Sylvander II, Orange, NJ
Anthony Sylvander, Rutherford, NJ
Fariba Sylvander, Orange, NJ
Order to Show Cause #E08-0356, May 5, 2008; respondents are charged with numerous violations of the Check Cashers Regulatory Act of 1993 including net worth insufficiency, fingerprinting irregularities, and failures to file currency transactions reports.  Respondents are ordered to show cause why the check cashing licenses of Sylvander Corp. and Sylvander II should not be subject to revocation and penalties. 

Consent Order

David Cobianchi, Randolph, NJ
Consent Order #E05-0412C, April 24, 2008.  Order to Show Cause dated March 20, 2006 was issued by Commissioner to show cause why this mortgage solicitor’s license should not be revoked and he barred for 10 years from acting as a solicitor or licensed lender for violating the Licensed Lenders Act.  Respondent entered a plea agreement to plead guilty to one count of conspiracy to make and use false statements and documents in connection with HUD activities.  Under the Consent Order the Order to Show Cause is withdrawn without prejudice to subsequent refiling upon respondent’s sentencing and entry of a judgment of conviction.

Sylvander Corp. t/a Town Check Cashing, Orange, NJ
Sylvander II, Inc. Orange, NJ
Anthony Sylvander, Rutherford, NJ
Fariba Sylvander, Orange, NJ
March 5, 2008 – Fariba Sylvander has been operating this check cashing business and managing bank accounts and acting as treasurer without being fingerprinted as required by the Check Cashers Regulatory Act of 1993.  Anthony Sylvander was indicted in Monmouth County on February 4, 2008 for financial facilitation of criminal activity in the first degree, racketeering, conspiracy in the second degree and promoting gambling and forgery in the third degree.  The issuance of an order of temporary license suspension would be in the public interest.  It was so ordered on March 5, 2008.

Final Orders

Eastern Mortgage Services, Parlin, NJ
Atul Moody, Parlin, NJ
Meena Moody, Parlin, NJ
Final Order #E05-0726, February 5, 2008; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Eastern has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report filing fee.  Fees - $100; Fine - $2,500.

America's Discount Lenders, Inc., Cape Coral, FL
Persio Paulino, Hoboken, NJ
Robert DiSarro, North Brunswick, NJ
Oswaldo Lleras, Cape Coral, FL
Final Order #E05-0674, February 28, 2008; Licensees failed to file an annual report setting forth information required concerning business conducted as a licensed lender.  Licensees also failed to demonstrate that Americos has required net worth, tangible net worth and/or liquid assets to conduct business as a licensed lender.  Licensees failed to request a hearing within 20 calendar days from the date of service thus waiving their rights to a hearing.  Licenses are suspended until Commissioner receives annual report filing fee.  Fees - $100; Fine $2,500.

Order to Cease and Desist / Order To Show Cause

American Home Mortgage Corporation of New York, Iselin, NJ
American Home Mortgage Corporation of New York, Melville, NY
Alfred Antuzzi, Moorestown, NJ
Virginia Graney, Flanders, NJ
Douglas Tarta, Hamilton, NJ
American Home Mortgage Acceptance, Inc., Iselin, NJ
Michael Strauss, Southampton, NY
Alan B. Horn, Sea Cliff, NY
Stephanie Hozie, Columbia, SC
Order #E07-0593; Licensees engaged in conduct allegedly in violation of the Licensed Lenders Act.  Licensees ceased to disburse funds on an unknown number of mortgage loans closed and/or approved for closing as required by an unknown number of agreements they had entered into with NJ customers. Licensees failed to deliver mortgage loan proceeds within required time after mortgage loan closed.  Licensees shut down operations in NJ without proper notice to the Commissioner.  Licensees failed to maintain the required net worth or became insolvent.  Licensees were ordered to cease and desist from closing loans and accepting any new applications.  Licensees were also ordered to take numerous actions to hold consumers harmless, including securing viable alternative funding sources, and to report to the Commissioner on a weekly basis.  Licensees ordered to show cause why their lender licenses should not be revoked. 

Order to Cease and Desist / Order To Show Cause

Aegis Wholesale Corporation, Clark, NJ
Aegis Wholesale Corporation, Houston, TX
Nathaniel L. Parks, Clark, NJ
Nathaniel L. Parks, Succasunna, NJ
John C.H. Hoof, Jr., Houston, TX
Michael C. Balog, Houston, TX
Patrick A. Walden, Houston, TX
Eugene S. Putnam, Jr., Houston, TX
Order #E07-0615; Licensees engaged in conduct allegedly in violation of the Licensed Lenders Act.  Licensee announced that its parent corporation, Aegis Mortgage Corporation, was unable to fund home loans in the pipeline. Aegis and Parks closed at least 2 mortgage loans when they should have known they would be unable to fund the loans.  Licensees failed to deliver mortgage loan proceeds within the time required.  Licensees accepted an unknown number of pending mortgage loan applications that did not close.  Licensees failed to maintain the required net worth or became insolvent.  Licensees were ordered to cease and desist from closing loans and accepting any new applications.  Licensees were also ordered to take numerous actions to hold consumers harmless, including securing viable alternative funding sources, and to report to the Commissioner on a weekly basis.  Licensees ordered to show cause why their lender licenses should not be revoked. 

First Magnus Financial Corporation, Cherry Hill, NJ
First Magnus Financial Corporation, Tucson, AZ
Stephen Olimpio, Fair Haven, NJ
Gurpreet S. Jaggi, Tucson, AZ
Thomas Sullivan, Tucson, AZ
Order #E07-0641; Licensees engaged in conduct allegedly in violation of the Licensed Lenders Act.  Licensee announced that First Magnus and Olimpio were unable to fund home loans in the pipeline.  Licensees failed to deliver mortgage loan proceeds within the time required.  Licensees accepted an unknown number of pending mortgage loan applications that did not close.  Licensees failed to maintain the required net worth or became insolvent.  Licensees were ordered to cease and desist from closing loans and accepting any new applications.  Licensees were also ordered to take numerous actions to hold consumers harmless, including securing viable alternative funding sources, and to report to the Commissioner on a weekly basis.  Licensees ordered to show cause why their lender licenses should not be revoked. 

Order to Show Cause

Auto Discounters, Inc., Lakewood, NJ
Order #E07-0705, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Silver Star Auto Sales, Inc., Union, NJ
Order #E07-0706, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Barons Motorhaus, Inc., Ewing, NJ
Order #E07-0708, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Formula 1 Auto Sales, LLC, Union City, NJ
Order #E07-0716, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Stadium Auto Mall Sales, Inc., Rutherford, NJ
Order #E07-0718, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Wheels To Go, Inc., Plainfield, NJ
Order #E07-0719, July 23, 2009; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Frank & Marleen, Inc., Hilltop, NJ
Order #E07-0720, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Bayonne Auto Auction Outlet, LLC, Bayonne, NJ 
Order #E07-0725, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Master’s Auto Sales, Inc., Newark, NJ 
Order #E07-0730, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Garden State Automotive Group, LLC, Passaic, NJ
Order #E07-0732, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Lakeside Motors, Inc., Hazlet, NJ
Order #E07-0737, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Irvington Leasing, Inc., Irvington, NJ
Order #E07-0742, July 23, 2007;  Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Fisher Nissan, Inc., Bergenfield, NJ 
Order #E07-0744, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

A R Leasing, Inc., Cherry Hill, NJ
Order #E07-0752, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

American Association for Private Ownership, Inc., Upper Saddle River, NJ
Order #E07-0753, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Chrysler Jeep Dodge of Hammonton, LLC, Hammonton, NJ
Order #E07-0754, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Surf RV & Auto Center, Inc., Point Pleasant, NJ
Order #E07-0762, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Vantage Motors, Inc., Perth Amboy, NJ
Order #E07-0766, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Atlas Auto & Truck Sales, Inc., Elizabeth, NJ
Order #E07-0772, July 23, 2007; Licensed motor vehicle installment seller ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Tri-State Window & Door Factory, Inc., Wood Ridge, NJ
Order #E07-0793, July 24, 2007; Licensed home repair contractors ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Rainbow Construction, LLC, Cinnaminson, NJ
Order #E07-0796, July 24, 2007; Licensed home repair contractors ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Total Exteriors, Inc., Union, NJ
Order #E07-0801, July 24, 2007; Licensed home repair contractors ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

American Funding, Inc., Randolph, NJ
Order #E07-0804, July 24, 2007; Licensed home financing agency ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Pyramid Finance Group Limited Liability Company, Sewell, NJ
Order #E07-0811, July 24, 2007; Licensed check casher ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Cash Out Check Cashing, Inc., Deptford, NJ
Order #E07-0813, July 24, 2007; Licensed check casher ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

WIMT, LLC, Union City, NJ
Order #E07-0873, July 24, 2007; Licensed foreign money transmitter ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

House Remittance, Inc., Newark, NJ
Order #E07-0874, July 24, 2007; Licensed foreign money transmitter ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Boby Express of New York, Inc., Elizabeth, NJ
Order #E07-0876, July 24, 2007; Licensed foreign money transmitter ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Lighthouse Mortgage Service Co., Inc., Merchantville, NJ
Order #E07-0817, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Multi Mortgage, LLC, Newark, NJ
Order #E07-0819, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

South Beach Mortgage Company, LLC, Elmwood Park, NJ
Order #E07-0822, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Mortgage Lenders Network USA, Inc., Middletown, CT
Order #E07-0823, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Altimate Discount Mortgage Corporation, Collegeville, PA
Order #E07-0825, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Union Street Investment Company, Oak Ridge, NJ
Order #E07-0826, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Innovative Mortgage Solutions, LLC, Cherry Hill, NJ
Order #E07-0827, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Central Pacific Mortgage Company, Folsom, CA
Order #E07-0831, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Clearlight Mortgage Corporation, Greenvale, NY
Order #E07-0834, July 25, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Capital Financial Corp., Parsippany, NJ
Order #E07-0826, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

JDS Mortgage Brokers, Inc., Hackensack, NJ
Order #E07-0837, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Fidelity Mortgage, Inc., South Orange, NJ
Order #E07-0839, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

RSA Mortgage Solutions, Inc., Iselin, NJ
Order #E07-0844, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

United Auto Finance, Inc, Paterson, NJ
Order #E07-0846, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Homesync Financial Services, LLC, Miamisburg, OH
Order #E07-0849, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Power Lending Group, LLC, Edison, NJ
Order #E07-0854, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Liberty 1st Mortgage LLC, Hoboken, NJ
Order #E07-0856, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Mortgage Loan Specialists, Inc., South Plainfield, NJ
Order #E07-0857, July 26, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Stephen P. Boyle, Toms River, NJ
Order #E07-0858, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Mortgage Security, Inc., Fords, NJ
Order #E07-0861, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

American Capital Financial Services, Inc., West Windsor, NJ
Order #E07-0863, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

The Mortgage Consultants, Inc., Shrewsbury, NJ
Order #E07-0864, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

American Money Centers, Inc., Warwick, RI
Order #E07-0865, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Town Mortgage, LLC, River Edge, NJ
Order #E07-0866, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

FCC Acceptance Corporation, Lewisville, TX
Order #E07-0868, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Matrix Funding Services, Inc., Hasbrouck Heights, NJ
Order #E07-0870, July 27, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Order to Show Cause

Homeland Mortgage, Inc., Burlington, NJ
Scott Cuff, Mount Holly, NJ
Colette Brown, Bordentown, NJ
Order to Show Cause #E04-0599, May 14, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Order to Show Cause

Home Loan Center, Inc., Woodbury, NJ
Home Loan Center, Inc., Irvine, CA
Lending Tree, LLC, Irvine, CA
Lisa Benavides, Norwood, PA
Order to Show Cause #E04-0597, March 5, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Empire Associates Mortgage Corporation, Plainfield, NJ
Scott Liggions, Plainfield, NJ
Order to Show Cause #E06-0437, March 2, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Einberger Management Mortgage Corporation, Navesink, NJ
Holly Roth, Colts Neck, NJ
Order to Show Cause #E06-0436, March 2, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Union Street Investment Company t/a Prestar Financial Corp., Clifton, NJ
Union Street Investment Company t/a Prestar Financial Corp., Oak Ridge, NJ
Howard Glaves, Kinnelon, NJ
Brian Brodie, Chicago, IL
Order to Show Cause #E04-0703, March 1, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Order to Show Cause

Equity Source Home Loans, Inc., Morganville, NJ
Robert E. Gomer, Oceanport, NJ
Nicole Guthneck, Toms River, NJ
Order to Show Cause #E04-0520, February 28, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Financial One, Inc., Branchburg, NJ
Financial One, Inc., Bridgewater, NJ
John Cerwinski, Warren, NJ
Allen Lewis, Warren, NJ
Order to Show Cause #E04-0555, February 28, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Fixed Mortgage.Com, Inc., Saddle Brook, NJ
Fixed Mortgage.Com, Inc., Glen Cove, NY
Eugene Volynets, Glen Head, NY
Order to Show Cause #E05-0744, February 28, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Home 123 Corp., Morris Plains, NJ
Home 123 Corp., Parsippany, NJ
Bradley Morrice, Irvine, CA
John Matteucci, Stanhope, NJ
Order to Show Cause #E04-0595, February 14, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Diamond Capital Corporation, Thorofare, NJ
Diamond Capital Corporation, Mantua, NJ
Diamond Capitol Corporation, Mantua, NJ
Thomas Cunningham, Mantua, NJ
James Dinocci, Burlington, NJ
Order to Show Cause #E04-0522, February 14, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Del Sol Financial Corp., Westfield, NJ
Jose Del Sol, Elizabeth, NJ
Janet Del Sol, Elizabeth, NJ
Order to Show Cause #E04-0521, February 7, 2007; Licensed lender ordered to show cause why its license should not be suspended or revoked for its failure to file an annual report.  Licensee also ordered to show cause why administrative penalties should not be imposed for such failure to file.

Final Orders

Seth Roslyn, while employed as a registered solicitor, received funds which should have been made payable to his employer. This activity demonstrated dishonesty in violation of N.J.S.A. 17:11C-18a(5). Final Order No. E05-0291F, issued January 12, 2006, revoked the solicitor registration of Seth Roslyn, imposed a $5,000 penalty, and imposed a 10 year bar from future licensure or registration.

Richard Geck, while employed as a registered solicitor, pled guilty to one count of theft. This conduct provides for revocation pursuant to N.J.S.A. 17:11C-18. Final Order No. E05--0230, issued February 15, 2006, revoked the solicitor registration of Richard Geck, and imposed a 10 year bar from future licensure or registration.

Andre Bernard Inc. T/A M S Funding Corp. was a licensed lender with mortgage banker authority with Maria L. Mercadante, the individual licensee. The licensee's surety bond was cancelled, and the company failed to obtain coverage in violation of N.J.S.A. 17:11C-13. Final Order No. E04-0014F, issued March 20, 2006, revoked the licenses of Andre Bernard Inc. and Maria Mercadante, and imposed a $2,500 penalty.

Olympia Mortgage Corp. was a licensed lender with mortgage banker authority whose license was surrendered November 12, 2004. Esther Pinter was the licensed individual. The company failed to pay the cost for the official examination of the business in violation of N.J.S.A. 17:11C-42(a). Final Order No. E05-0090F, issued March 20, 2006, suspended the licenses of Olympia Mortgage Corp. and Esther Pinter, and imposed a penalty of $5,000.