Today, mortgage bankers account for more than half of the residential mortgage loan originations nationally. This is also true of New York’s mortgage bankers.
There are over 200 licensed mortgage bankers in the New York State. Organized in 1983, the Empire State Mortgage Bankers Association (ESMBA) is the only state-wide organization that represents the interests of those mortgage bankers. The Association promotes public education, high ethical standards, sound business practices, and cooperation among legislators, regulators and other members of the industry.
ESMBA is a group of more than 100 mortgage banking businesses in New York State, whose members handle tens of thousands of mortgage loans each year. In addition, the mortgage lending industry employs thousands of people across the Empire State.
Our mailing address is PO Box 704 Commack, NY 11725. The Association can be reached Monday through Friday at (631) 885-5654.