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WASHINGTON MUTUAL BANK, F.A. v. SIB MORTGAGE CORP.

21 A.D.3d 953 (2005)

801 N.Y.S.2d 821

WASHINGTON MUTUAL BANK, F.A., Appellant, v. SIB MORTGAGE CORP., Respondent.

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

September 12, 2005.

Ordered that the order is affirmed, with costs.

On or about April 28, 2000, Brucha Mortgage Bankers Corp. (hereinafter Brucha), a nonparty mortgage broker and warehouse lender jointly owned by Yisroel Rabinowitz and Baruch Rabinowitz, voluntarily relinquished its mortgage banking license and became inactive. Three days earlier, on April 25, 2000, Yisroel Rabinowitz entered into a regional manager employment agreement with the defendant, pursuant to which he agreed...

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