Tag Archives: New York Banking Department

Total Mortgage Services, LLC, a national mortgage lender and broker headquartered in Milford, Connecticut, recently received its state of New York Mortgage Banker License from the State of New York Banking Department, making the company a licensed mortgage lender in New York State. Total Mortgage currently conducts business in 21 states, but the lender plans to originate loans in 45 states by the end of 2011.

According to the New York State Banking Department, more than 76,000 New York homeowners have received 90-day pre-foreclosure notices since May 31, and a total of 134,000 pre-foreclosure notices have been sent to those who have fallen behind on mortgage payments since data collection began in February. The banking department says it is working with 10 non-profit housing counseling agencies throughout the state, which use the data to target their services to those homeowners most at-risk.