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LUM v. NEW CENTURY MORTGAGE CORPORATION

19 A.D.3d 558 (2005)

800 N.Y.S.2d 408

ELAINE LUM, Appellant, v. NEW CENTURY MORTGAGE CORPORATION, Respondent.

Appellate Division of the Supreme Court of the State of New York, Second Department.

June 20, 2005.

Ordered that the order is affirmed, with costs.

The plaintiff retained nonparty mortgage broker American Capital Mortgage Bankers (hereinafter American) to procure for her a $208,575 mortgage loan for her purchase of a single-family residence located in Mastic Beach, in exchange for which she would pay American a 2.875% origination fee. American thereafter procured a loan approval dated October 12, 2003, from the defendant for a mortgage loan in the principal amount...

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