) In the Matter of ) ) ) REMEDIATION DELTA FUNDING CORPORATION, a ) AGREEMENT Mortgage Banker licensed pursuant to) Article 12-D of the New York Banking) Law. ) ------------------------------------------Remediation Agreement • September 23rd, 1999 • Delta Financial Corp • Loan brokers • New York
Contract Type FiledSeptember 23rd, 1999 Company Industry JurisdictionWHEREAS, Delta Funding Corporation ("Delta"), a Mortgage Banker licensed pursuant to Article 12-D of the New York Banking Law, and the New York State Banking Department ("Department") have mutually agreed to enter into this Remediation Agreement ("Agreement"); WHEREAS, the Department commenced and concluded an examination ("Examination") of Delta pursuant to New York Banking Law ss. 596 regarding Delta's compliance with the laws and regulations identified below; WHEREAS, the Examination encompassed, INTER ALIA, a review of Delta's compliance with Section 296-a of the New York Executive Law, the Equal Credit Opportunity Act (15 U.SC. 1691, et seq.) and the regulations promulgated thereunder ("ECOA"), the Fair Housing Act (42 U.S.C. 3601, et seq.) and the regulations promulgated thereunder ("FHA"), Article 12-D of the New York Banking Law and the regulations promulgated thereunder, the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2601 et seq.) and the regulations promulgated