Professional Profiles

WayneWayne A. Watkinson
Founder and President

Wayne Watkinson is a principal attorney with Offit Kurman, a legal services provider with offices throughout the mid-Atlantic Region. His practice since 1996 has concentrated on representing mortgage lenders and brokers in compliance, transactional, corporate and litigation matters. In addition, he assists clients in establishing mortgage companies, and in obtaining mortgage banking licenses throughout the country. In another area of concentration, Mr. Watkinson counsels clients on the proper manner of creating affiliated business arrangements with real estate brokers, title agencies and others, which comply with RESPA and other state and federal laws and regulations. Mr. Watkinson is a member and an instructor for My Professional Educator, LLC, a company which provides NMLS training for mortgage loan originators and other professionals.

Wayne Watkinson served from 1991 to 1996 as Deputy Attorney General assigned to represent the New Jersey Banking Department. In this position, he represented the Department in appellate and administrative courts, and in regulatory and advice matters. Most significantly, he represented the Division of Banking in NJMBA v. New Jersey Real Estate Commission, 283 N.J. Super. 233 (App. Div. 1995), a complex appeal concerning the ability of real estate licensees to engage in mortgage banking, in which the court affirmed the Department of Banking’s role in regulating the lending activities of real estate licensees. In addition, he appeared on behalf of the Department as amicus in Trico v. Forero, 275 N.J. Super. 91 (App. Div. 1994), certif. den 139 N.J. 186 (1994), a case in which the court affirmed the Department’s position that refinancing transactions are regulated under the Mortgage Bankers and Brokers Act, not the Secondary Mortgage Loan Act.

Mr. Watkinson also assisted the Department and Legislature in drafting the Interstate Banking and Branching Act, L. 1996, c.17, the law which permitted foreign and out-of-state banks to branch into New Jersey for the first time, and the Licensed Lenders Act L. 1996, c.157. This latter law combines the licensing of mortgage bankers, secondary lenders, consumer lenders and sales finance companies, thereby reducing regulatory burden. Mr. Watkinson served as a Regulatory Officer for the Department of Banking from 1988 to 1991, drafting Department regulations for banks, thrifts, mortgage bankers and other licensees. He was a legal assistant for Central Appellate Research, Administrative Office of the Courts, from 1986 to 1988, providing research and memoranda for the judges of the Superior Court, Appellate Division.

Mr. Watkinson served as the Chair of the Banking Law Section of the N.J. Bar Association, and is also the former Chair of the Legislative Committee and the Consumer Finance Committee. He has lectured on various regulatory issues before the Institute for Continuing Legal Education (ICLE), the NJ Mortgage Bankers Association of N.J, the N.J. Association of Mortgage Brokers, and the Banking Law Section of the New Jersey State Bar Association. Since 1993, he has participated in several ICLE Consumer Credit Regulation Forums, and he organized ICLE panels on the Consumer Fraud Act and on Mortgage Basics. He received his B.A. degree in Economics from Dickinson College in Carlisle, Pennsylvania, and his J.D. law degree from Stetson University Law School in St. Petersburg, Florida.



joeJoseph Petrucelli

Joseph Petrucelli is the managing partner of PP&D Accounting Services, Inc., a New Jersey Corporation established in 2001. PP&D Accounting Services, Inc. is currently located at 263 Main Street in Woodbridge, New Jersey 07095. Mr. Petrucelli’s duties include managing a full time, professional accounting staff that provides various services including (but not limited to) matrimonial litigation, labor dispute resolution and union arbitration, contract dispute resolution, shareholder dispute, mortgage resolution, asset recovery, estate taxation, estate planning, business and individual tax preparation, litigation support, auditing, financial statement preparation, assistance with corporate and individual financing, guardianships, business valuation and troubled individual and company financial workout accounting.

Clientele include local unions, lawyers, matrimonial clientele, residential and commercial developers, property management companies, construction companies (both residential and commercial), title insurance companies, assorted types of contractors, fuel oil companies, mortgage bankers, hotels and restaurants, real estate agents, video gaming enterprises, insurance companies, import and export companies, and other retail and wholesale clients.
With regard to his accounting and forensic practices, Mr. Petrucelli has testified in civil court proceedings, participated in arbitrations and mediations, and prepared various reports with regard to assorted frauds, real estate and mortgage valuations, business valuations, estates, guardianships, contract disputes, audits (including forensic audits), construction cost analyses and IRS tax resolutions.

He participates in numerous evaluations of municipal budgets and financial statements, reviews union labor contracts and calculations, prepares economic damage analyses, assists in the preparation of pension actuary analyses, and deals in workout related matters pertaining to failing businesses or nonperforming loans.

Mr. Petrucelli personally reviews and prepares an economic analysis with regard to municipal budgets, when retained for union negotiations and various townships’ and counties’ bargaining units throughout the State of New Jersey.



BonnieBonnie Nachamie


Bonnie S. Nachamie is the principal of Bonnie S. Nachamie, P. C. The firm focuses on transactional corporate and, real estate matters, Bonnie concentrates on representing mortgage lenders, mortgage brokers, federal and state depository institutions and federal credit unions in mortgage lending compliance and transactional matters.  The firm assists mortgage companies in obtaining licenses, evaluates and assists in responding to regulatory examination findings and represents clients before administrative agencies in enforcement actions.

Bonnie S. Nachamie, P.C. counsels clients on relevant state and federal laws and regulations affecting mortgage lending. In addition to regulatory and compliance counsel, the Firm acts as settlement agent for lenders at closing.  Bonnie S. Nachamie. P.C. brings knowledge and professionalism to the real estate closing and provides full service to its lender clients.  The Firm is not only approved to conduct closings for many lenders but is also approved CEMA (Consolidation, Extension and Modification) counsel as well.

Ms. Nachamie is a frequent speaker on mortgage banking issues including licensing and regulatory matters. Bonnie has been an instructor at the American Association of Residential Mortgage Regulators (AARMR) examiner training schools.  She has taught the Mortgage Loan Originator licensing courses and was one of the founding members of the Academy for Professional Mortgage Originator Licensing (APMOL), an NMLS approved course provider for pre-licensing and continuing education of mortgage loan originators She lectured on topics such as Predatory Lending Issues and Fraudulent Practices involving Real Estate transactions and TILA-RESPA Integrated Disclosure Rule (TRID) for approved New York Continuing Legal Education programs.

Bonnie is the CEO of First National Compliance Solutions, Inc., a full service mortgage compliance company providing guidance to the financial services industry in effectively dealing with the rapidly evolving regulatory environment.

Ms. Nachamie is a member of the National Association of Mortgage Brokers, New York Association of Mortgage Brokers, Empire State Mortgage Bankers Association, Mortgage Bankers Association of New York, and Mortgage Bankers Association of America. She has served as a member of the Board of Directors for the New York Association of Mortgage Brokers and has served as its Secretary, Treasurer and Education Chairperson. Bonnie is a board member of the MBAofNY, ESMBA and NYAMB. She serves on the Northeast Regional Mortgage Bankers Conference Planning Committee.

Bonnie received her B.A. from The Pennsylvania State University in 1981 and her J.D. from Touro College School of Law in 1984.  She is admitted to practice in New York State and the United States District Court for the Eastern and Southern Districts of New York as well as the United States Supreme Court and the United States Court of Military Appeals.