PMCC FINANCIAL CORP
NT 10-Q, 2000-11-15
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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                                                                 SEC FILE NUMBER
                                                                          1-7614

                                                                    CUSIP NUMBER
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING


(Check One): __ Form 10-K  __ Form 20-F __ Form 11-K  X Form 10QSB _ Form N-SAR


                  For Period Ended:  September 30, 2000
                  [ ] Transition Report on Form 10-K
                  [ ] Transition Report on Form 20-F
                  [ ] Transition Report on Form 11-K
                  [ ] Transition  Report on Form 10-Q
                  [ ] Transition Report on Form N-SAR
                  For the Transition Period Ended:__________________

Read  Instruction (on back page) Before  Preparing  Form.  Please Print or Type.
Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.

If the notification relates to a portion of the filing check above, identify the
Item(s) to which the notification relates:

PART I -- REGISTRANT INFORMATION
         PMCC Financial Corp.

Full Name of Registrant

         N/A
Former Name if Applicable

         1767 Morris Avenue
Address of Principal Executive Office (Street and Number)

         Union, NJ 07083
City, State and Zip Code

PART II -- RULES 12b-25(b) and (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate).

(a)  The reasons  described in reasonable  detail in Part III of this form could
     not be eliminated without unreasonable effort or expense;

(b)  The subject annual report,  semi-annual  report,  transition report on Form
     10-K, Form 20-F, 11-K or Form N-SAR, or portion  thereof,  will be filed on
     or before the fifteenth  calendar day following the prescribed due date; or
     the subject  quarterly report of transition report on Form 10-Q, or portion
     thereof  will be filed on or before the fifth  calendar day  following  the
     prescribed due date; and

(c)  The accountant's  statement or other exhibit required by Rule 12b-25(c) has
     been attached if applicable.

PART III - NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition  report or portion  thereof,  could not be filed within
the prescribed time period.

         The recent changes in the Company's business has delayed the completion
         of its financial  statements.  As such,  Management needs an additional
         period of five days from the date  hereof  to  finalize  the  financial
         statements  and file Form 10-QSB for the quarter  ended  September  30,
         2000.

PART IV - OTHER INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

     Stephen J. Mayer                 (516)                       625-3000
         (Name)                    (Area Code)                (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant  was required to file such  report(s)  been filed?  If answer is
     not, identify report(s), X Yes No ---

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof? X Yes No ---

         If  so,  attach  an  explanation  of  the  anticipated   change,   both
         narratively and quantitatively,  and, if appropriate, state the reasons
         why a reasonable  estimate of the results cannot be made. (See attached
         Rider IV (3))


                              PMCC FINANCIAL CORP.
                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.


Date:  November 14, 2000                By:/s/ Stephen J. Mayer
                                           --------------------
                                           Stephen J. Mayer, Chief Financial
                                             Officer

<PAGE>
Rider IV (3)

     The Company  anticipates a net loss of  $1,800,000  million for the quarter
ended September 30, 2000 as compared to net income of $8,000,000 for the quarter
ended September 30, 1999. The Company anticipates a net loss for the nine months
ended  September  30, 2000 of $6,700,000 as compared to net income of $1,000,000
for the nine months ended September 30, 1999.

     These  changes  were due to the recent  changes in the  Company's  business
operations and disclosed in the Company's previous filings.



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