This Business Is Not BBB Accredited

Homebridge Financial Services, Inc.

Homebridge Financial Services, Inc.

(201) 968-3506

Homebridge Financial Services, Inc.

29 years in business
Headquarters
194 Wood Ave S Fl 9
Iselin, NJ 08830-2761
Fax Numbers
  • (201) 498-9047
  • (866) 340-7366
  • (866) 789-2271
Additional Phone Numbers
  • (678) 516-3024
  • (888) 736-6117
  • (732) 738-6399
  • (732) 738-7100
  • (973) 794-6932
  • (732) 738-7100
  • (866) 933-6342
Additional Email Addresses
  • ccernek@remn.com
  • dtracy@remn.com
  • customerservice@HomeBridge.com
Additional Website Addresses
BBB File Opened: 01/25/2005
Business Started: 01/01/1989
Business Incorporated: 01/01/1989 in NJ
Type of Entity
Corporation
Business Management
  • Ms. Dorothy Tracy, Senior Vice President
  • Mr. Douglas M Rotella, President
  • Mr. Robert Wilderotter, Executive Vice President
Business Category
  • Mortgage Banker
  • Mortgage Broker

Service Area
We service the following area(s): New Jersey
Alternate Business Names
  • Financemyhome.com
  • Menlo Park Funding
  • Real Estate Mortgage Network, Inc.
  • REMN
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

Alerts & Actions

Government Action

Settlement Agreement

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

January 24, 2017, Los Angeles, CA. California Commissioner of Business Oversight filed an Accusation against the company. The Feb 2016 regulatory examination  disclosed that Homebridge was failing to properly reconcile certain of its trust accounts in violation of CA Financial Code by allegedly
commingling its own funds with trust funds
was causing debit shortages  to exist in certain of its trust accounts

HomeBridge has filed a Notice of Defense with the Commissioner regarding the Accusation and a trial has been scheduled before the Los Angeles Office of Administrative Hearings for October 16 through 20, 2017. 

The Commissioner acknowledges that HomeBridge has submitted information, including a hypothetical trust account reconciliation, demonstrating that it has adopted new policies and procedures addressing the issuein the accusation.determined that these new policies and procedures address the issues described in the Accusation.

It is the intention and desire of the parties to resolve this matter without the necessity of a hearing and/or other litigation. Per the Agreement, the Commissioner shall not suspend the residential mortgage lender and servicer licenses or finance lender and/or/broker license of HomeBridge. Accordingly, this Agreement does not affect the licensing status of HomeBridge.

 

 

Government Action

Agreed Order

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

Kentucky Department of Financial Institutions conducted an examination in July 2016 and discovered that the respondent used two unregistered loan processors.  Without admitting or denying the statement of fact, the company and the Department agreed that HomeBrdige Financial Services, Inc. would devote the time and the resources to ensure full compliance with the statutory requirement of the Commonwealth of Kentucky and will pay the sum of  $2,000.  

Homebridge Financial Services, Inc.

This Business Is Not BBB Accredited

Homebridge Financial Services, Inc.

Customer Review Rating:

100%

Composite Score: