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New York State Department of Financial Services

Weekly Bulletin
November 28, 2008

SECTION I

This section records the receipt of applications and notices to the Banking Department.   Applications and notices received by the Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services Divisions are listed in order of date of receipt; applications and notices received by the Mortgage Banking Division are listed at the end of  Section I by type of application or notice.  THE WEEKLY BULLETIN CONSTITUTES THE ONLY WRITTEN NOTIFICATION OF THESE SUBMISSIONS THAT WILL BE ISSUED BY THE BANKING DEPARTMENT.  Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Banking Department within 10 calendar days of the date of this bulletin, unless a different time period is specified in the item.  More specifically, such comments or objections, including any that concern CRA-related applications, should be either  (a) delivered by mail or in person to The Secretary of the New York State Banking Board, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to BBSecretary@banking.state.ny.us. This Weekly Bulletin may also be viewed online at the Banking Department’s Web site at:  http://www.banking.state.ny.us

SECTION II

This section records actions taken by the Superintendent of Banks and/or the Banking Board, and other information concerning the activities of the Banking Department.  Actions relating to institutions supervised by the Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services Divisions are listed in order of date of action; actions relating to institutions supervised by the Mortgage Banking Division are listed at the end of Section II by type of action taken.

SECTION III

This section provides notification of the filing by federally-chartered institutions of applications for new branches to be located in New York received from Mr. Toney Bland, Deputy Comptroller, Office of the Comptroller of the Currency, 340 Madison Avenue, 5th Floor, New York, NY  10017 and Mr. Brian Steffey, Office of Thrift Supervision, Harborside Financial Center Plaza Five, Suite 1600, Jersey City, NJ 07311.  Any comment or objection in relation to any application in Section III should be communicated immediately to the supervisor of the institution involved, with a copy furnished to this office.  This section is provided as a courtesy to New York State-regulated banking institutions; additional information relating to federally-chartered institutions is available in the Office of the Comptroller of the Currency’s Weekly Bulletin or its Web site:  http://www.occ.treas.govand via the Office of Thrift Supervision’s Web site at: http://www.ots.treas.gov.

GENERAL INFORMATION

Each item in the Weekly Bulletin is identified by a two-letter code indicating the type of institution and a three-letter code indicating the Banking Department Division which has supervisory responsibility for the institution.  The following is a list of the codes and their meanings:

Institution Codes

BK = Bank
TR = Trust Company
PB = Private Banker
SD = Safe Deposit Company
HC = Holding Company
SB = Savings Bank
MK = Merchant Bank
SL = Savings and Loan Association
CU = Credit Union
IC = Investment Company
FA = Foreign Agency

FB = Foreign Branch
FR = Foreign Representative Office
PR = Premium Finance Agency
SF = Sales Finance Agency
LL = Licensed Lender
TM = Transmitter of Money
BP = Budget Planner
CC = Check Casher
MB = Mortgage Banker
BR = Mortgage Broker
MS = Miscellaneous

Division Codes

FWB = Foreign and Wholesale Banks Division
CRB = Community and Regional Banks Division
LFS = Licensed Financial Services Division
MBD = Mortgage Banking Division
CSD = Consumer Services Division


SECTION I

November 21, 2008 (BP-LFS)
CONSUMER CREDIT COUNSELING SERVICE OF CENTRAL NEW YORK
5794 Widewaters Parkway, Syracuse, NY 13202
 
A notification was received for a change of name to: Consumer Credit Counseling Service of Central New York d/b/a Consumer Credit Counseling Service of The Mohawk Valley, d/b/a Consumer Credit Counseling Service of The North Country, d/b/a Consumer Credit Counseling of The Capital Region and Hudson Valley d/b/a Consumer Credit Counseling of The Central Southern Tier from Consumer Credit Counseling Service of Central New York.

The publication of receipt of this notification does not indicate that the notification is deemed complete. A notification is deemed complete and filed when all required and requested information has been provided to the Department by the notifier.


November 21, 2008 (MS-FWB)
BEACON TRUST COMPANY
333 Main Street, Madison, NJ 07940

Pursuant to the provisions of Section 131(4) of the Banking Law, notice to the Superintendent of Banks of intention to establish and maintain a trust office at 330 Madison Avenue (6th Floor), Borough of Manhattan, City of New York 10017, received.



November 25, 2008 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Application dated November 20, 2008 for permission to open and occupy a branch office at 8155 Maple Lawn Boulevard, Fulton, Howard County, MD 20759, received.

The comment period for this item will expire on December 8, 2008.


November 26, 2008 (SD-CRB)
ZURICH DEPOSITORY CORPORATION
1165 Northern Boulevard, Manhasset, NY 11030

Application dated November 20, 2008 for permission to change the location of principal office from 1165 Northern Boulevard, Manhasset, Town of North Hempstead, Nassau County, NY 11030 to 11 Middle Neck Road (Suite 310), Great Neck Plaza, Nassau County, NY 11021, received.


Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law received for examination:

November 24, 2008 (BR-MBD)
Applicant(s)
Mark Alexander Foreman
Wende Foreman
As: Cornerstone Capital Mortgage & Real Estate Services Inc.
636 Kings Highway East, 2nd Floor, Fairchild, CT 06825

November 25, 2008 (BR-MBD)
Applicant(s)
Oleg Lusher
As: Globeland Mortgage In Lieu of True Name Discount Mortgage Warehouse, Inc.
3363 NE 163rd Street, Suite 804, North Miami Beach, FL 33160 4438

November 26, 2008 (BR-MBD)
Applicant(s)
Andrew James Rubino
As: The Equity House Inc.
350 Northern Boulevard, Suite 104, Albany, NY 12204 1028


Application for conversion from a Mortgage Banker to a Mortgage Broker to engage in the business of Mortgage Brokering under Article 12-D of the New York State Banking Law received for examination:

November 25, 2008 (BR-MBD)
Applicant(s)
Oleg Lusher
As: Globeland Mortgage
In Lieu of True Name Discount Mortgage Warehouse, Inc.
3363 NE 163rd Street, Suite 804, North Miami Beach, FL  33160


Application to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law received for examination:

November 26, 2008 (MB-MBD)
Applicant(s)
Adam Ryan Resseger
Matthew Ryan Neumer
Jassen Shawn Holderby
As: Oxford Lending Group LLC D/B/A Oxford of New York
1 East Campus View Boulevard, Suite 200, Columbus, OH 43235


Application to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law received for examination amended its corporate name to read as follows:

From:
October 08, 2008 (MB-MBD)
Applicant(s)
Thomas Kevin Werder
Govine Narayan
Peter John Engelken
Brenda AnnMarie Lacenski Daglish
Sherie Yeingst Cordell
Gregory Gerard Hayes
Phillip Alan Scott
Edward P. Jones, IV
Cheryl Calloway Whaley
Senior Financial, Inc.
Genworth Financial, Inc.
As: Liberty Reverse Mortgage, Inc.
10951 White Rock Road, Suite 200, Rancho Cordova, CA 95670

To:
November 25, 2008 (MB-MBD)
Genworth Financial Home Equity Access, Inc.
10951 White Rock Road, Suite 200, Rancho Cordova, CA 95670


Application to establish a Mortgage Banker's Branch received for examination:

November 20, 2008 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc.
19 Court Street, Suite 403, White Plains, NY 10601

November 21, 2008 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
646 Main Street, Port Jefferson, NY 11777


Mortgage Banker License Name Change Received:

November 24, 2008 (MB-MBD)
From: FBM, LLC D/B/A Fidelity Borrowing Mortgage Bankers

To: Vanguard Funding LLC

Applicants received for authorization as a Mortgage Loan Originator under Article 12-E of the New York State Banking Law.  Each individual listed may engage in mortgage loan origination activities on a temporary basis until such time as the Superintendent approves or denies his/her application or the application is withdrawn.

March 21 2008

William  Edward  Simon

Baldwin

NY

April   22 2008

Wen  Xing  Zhang

Brooklyn

NY

June   05 2008

Maqsood  Hussain  Jafri

Valley Stream

NY

June   24 2008

William  Wells  Adler

Palm City

FL

June   30 2008

Panayiota (Aka Penny) Antiaris  Costakos

New Rochelle

NY

July    09 2008

Michael  Edward  Hinz

Mastic Beach

NY

July    09 2008

Kevin  Darby  O'Connell

West Seneca

NY

July    22 2008

Donna  Louise  Leonardo

Rochester

NY

July    22 2008

Dimitris  Frank  Vattes

New York

NY

July    22 2008

Joseph    Cilento

New Fairfield

CT

July    22 2008

Jesse    Tokar

Paramus

NJ

July    22 2008

Rita    Tokar

Paramus

NJ

July    22 2008

Michael  Francis  Hatzidakis  Mr

Deer Park

NY

July    22 2008

Julie  Ellen  Lynch

Ballston Spa

NY

July    22 2008

Adam  Michael  Dahill

Jersey City

NJ

July    22 2008

Tony  D  Phillips

Woodbridge

NJ

July    22 2008

Ho  Chu    Yao

Flushing

NY

July    22 2008

Yolanda    Mozejko

Jamaica

NY

July    22 2008

Winston    Brice

Scarsdale

NY

July    22 2008

Shlome    Weinstock

Brooklyn

NY

July    22 2008

Nicholas  Patrick  Castronova

Rochester

NY

July    22 2008

Audrey    Sepko

University Heights

OH

July    22 2008

Andrea    West

Clinton Twp

MI

July    22 2008

Ryan    English

Chippewa Lake

OH

July    22 2008

Diego    Fernandez

Farmington Hills

MI

July    22 2008

Ryan    French

Farmington Hills

MI

July    22 2008

Chris  Robert  Armbrecht

Miller Place

NY

July    22 2008

Robin  N  Shaw

East Syracuse

NY

July    22 2008

Joseph  S  Zabbatino

Brooklyn

NY

July    22 2008

Wilfred    Moss

Detroit

MI

July    22 2008

John  Peter  Giacchino

Orangeburg

NY

July    22 2008

Iwona    Gardocki

Hicksville

NY

July    22 2008

Martin    Higgins

Nutley

NJ

July    22 2008

Matthew    Walker

Lake Ronkonkoma

NY

July    22 2008

David    Abernethy

Plattsburgh

NY

July    22 2008

Laura    Sala

Si

NY

July    22 2008

Michelle  Malaika  Martin

Rosedale

NY

July    22 2008

Sianei    Parker

Far Rockaway

NY

July    22 2008

Charles  Gregory  Eadicicco  Mr.

Staten Island

NY

July    22 2008

Mesut    Vardar

Penfield

NY

July    22 2008

Adam  Barry  Roberts

Tenafly

NJ

July    22 2008

James  Russell  Teele  Mr.

Saratoga Springs

NY

July    22 2008

Tracey    Krinsky

West Babylon

NY

July    22 2008

Gerald  R  Edsell  Mr.

Manlius

NY

July    22 2008

Marcella    Myers

Closter

NJ

July    22 2008

Jessica  Antonia  Alvarez

Bronx

NY

July    22 2008

Robert  Leslie  Flynn

Syracuse

NY

July    22 2008

Anessa  V  Cohen

Cedarhurst

NY

July    22 2008

Michele  Rene  Garrett

Canandaigua

NY

July    22 2008

Maria  Elena  Babcock

Cazenovia

NY

July    22 2008

Edward    Candan

Great Neck

NY

July    22 2008

Carole  Berenice  Gisiger

Bristol

CT

July    22 2008

Erin   Deborah  Davis  Mrs.

Alexandria Bay

NY

July    22 2008

Jonathan  Highland  Elwell

Daytona Beach

FL

July    22 2008

Siu  Yin  Yeung

Bayside

NY

July    22 2008

Kevin  W.  Parker

Albion

NY

July    22 2008

Tod  Michael  Mignone

Pomona

NY

July    22 2008

Karen  Marie  Cummings

Alexander

NY

July    22 2008

Carl  Henry  Joseph

Spring Valley

NY

July    22 2008

Ludwig  Andre  Odierna

Williston Park

NY

July    31 2008

Eli    Stella

Yorba Linda

CA

July    31 2008

Steven    Barone

Aliso Viejo

CA

July    31 2008

David    Stemrich

Mission Viejo

CA

July    31 2008

Paul  G  Renner  Mr

Massapequa Park

NY

July    31 2008

April  M  Baker

Stony Point

NY

July    31 2008

Michael  Paul  Callahan

Oswego

NY

July    31 2008

Nunzio    Falzone

West Babylon

NY

July    31 2008

Tameka    Jones

Yonkers

NY

July    31 2008

Lawrence  M  Collins  Mr

Rockville Centre

NY

July    31 2008

Michael    Dedominicis

Garden City

NY

July    31 2008

Barry    Pollack

East Elmhurst

NY

July    31 2008

Michael  Joseph  Arroyo

Chestnut Ridge

NY

July    31 2008

Randy  E  Castillo

Richmond Hill

NY

July    31 2008

Joseph  Isaia   D'Onofrio

Thornwood

NY

July    31 2008

Bruce  L.  Salisbury

Troy

NY

July    31 2008

Frank    Tamayo

Brooklyn

NY

July    31 2008

Robin  Elise  Mayer

Syosset

NY

July    31 2008

Joseph  A  D'Amico

Manlius

NY

July    31 2008

Joel    Mauskopf

Brooklyn

NY

July    31 2008

A.  Miles  Moore

Bay Shore

NY

July    31 2008

Tara    Gianfagna

Brooklyn

NY

August  13 2008

Matthew  Aaron  Fromowitz

Monroe

NY

August  26 2008

Lou-Ann    Smith

Ridgefield

CT


SECTION II

 

November 12, 2008 (CC-LFS)
POM-CLB CHECK CASHING, INC. U/A/N PAY-O-MATIC CHECK CASHING & FINANCIAL SERVICES       
711 Fifth Avenue, 5th floor, New York, NY 10022

A license was issued to engage in business as a licensed casher of checks at 
1756 Bushwick Avenue, Brooklyn, NY 11207.


November 20, 2008 (CC-LFS)
UBNY, LLC
115 West 23rd Street, New York, NY 10011

A license to engage in business as a limited station casher of checks at B & P Transfer Inc., 60-20 59th Place, Maspeth, NY 11378 was surrendered.


November 20, 2008 (CC-LFS)
UBNY, LLC
115 West 23rd Street, New York, NY 10011

License to engage in business of casher of checks surrendered, effective November 20, 2008, for the following location:

  • B & P Transfer Inc.
    60-20 59th Place, Maspeth, NY  11378
    (Limited Station CCL 101737)

November 20, 2008 (TR-CRB)
AMALGAMATED BANK
275 Seventh Avenue, New York, NY 10001

Authorization issued to open and occupy a branch office at 1300 Atlantic Avenue, Atlantic City, Atlantic County, NJ 08401, on or after November 21, 2008.


November 20, 2008 (BK-CRB)
ALMA BANK
28-31 31st Street, Astoria, NY 11102

Authorization issued to open and occupy a branch office at 28-20 Ditmars Boulevard, Astoria, Borough of Queens, City of New York 11105, on or after November 21, 2008.


November 21, 2008 (FR-FWB)
CLEARSTREAM BANKING S.A.
Luxembourg, Luxembourg

The Department interposes no objection to the notification, pursuant to Section 221-e of the Banking Law, of the relocation of the representative office from 350 Madison Avenue, Borough of Manhattan, City of New York 10017 to 55 Broad Street,  Borough of Manhattan, City of New York 10004.
 


November 21, 2008 (CC-LFS)
ubny, llc D/B/A Supercash
115 W. 23rd Street, New York, NY 10011

License was issued in connection with the addition of an assumed name, supercash.


November 21, 2008 (FB-FWB)
THE SHOKO CHUKIN BANK
10-17, 2-Chome Yaesu, Chuo-ku, Tokyo 104-0028, Japan

Application, pursuant to Section 203.2 of the Banking Law, to change the name of its branch, located at 666 Fifth Avenue,14th Floor, Borough of Manhattan, New York 10103, from The Shoko Chukin Bank to The Shoko Chukin Bank, Ltd., approved.


November 24, 2008 (LL-LFS)
BENEFICIAL NEW YORK INC. 
26525 North Riverwoods Blvd., Mettawa, IL  60045
 
License to engage in business as a licensed lender at 501 Columbia Turnpike, Rensselaer, New York 12144 was surrendered.


November 24, 2008 (SFC–LFS)
WELLS FARGO FINANCIAL PENNSYLVANIA, INC.
800 Walnut Street, Des Moines, IA, 50309

License to engage in business as a sales finance company was surrendered.


November 24, 2008 (SFC–LFS)
WELLS FARGO FINANCIAL NEW JERSEY, INC.
800 Walnut Street, Des Moines, IA, 50309

License to engage in business as a sales finance company was surrendered.


November 24, 2008 (TR-FWB)
THE GOLDMAN SACHS TRUST COMPANY
One New York Plaza, New York, NY 10004
GOLDMAN SACHS CAPITAL MARKETS, L.P.
85 Broad Street, New York, NY 10004
GOLDMAN SACHS CAPITAL MARKETS, L.L.C.
85 Broad Street, New York, NY 10004

Applications, pursuant to Section 601 of the New York Banking Law, for Goldman Sachs Capital Markets, L.P. and Goldman Sachs Capital Markets, L.L.C. to merge with and into The Goldman Sachs Trust Company, which is to be renamed Goldman Sachs Bank USA, approved by the Superintendent of Banks.


November 24, 2008 (TR-FWB)
THE GOLDMAN SACHS TRUST COMPANY
One New York Plaza, New York, NY 10004

Approval given to Certificate of Amendment of Organization Certificate providing for the following:

  1. A change of name from The Goldman Sachs Trust Company to Goldman Sachs Bank USA;
  2. An increase in capital stock from $1,500,000, consisting of 20,000 shares with a par value of $75 each, to $8,000,000,000 consisting of 80,000,000 shares with a par value of $100 each; and
  3. An expansion of powers to those of a full service bank with trust powers.

November 24, 2008 (TR-FWB)
THE GOLDMAN SACHS TRUST COMPANY
One New York Plaza, New York, NY 10004
GOLDMAN SACHS BANK USA
295 Chipeta Way, Salt Lake City, Utah 84108

Application, pursuant to Sections 225 and 601 of the New York Banking Law, for Goldman Sachs Bank USA to merge with and into The Goldman Sachs Trust Company, under the name of Goldman Sachs Bank USA, approved by the Superintendent of Banks.


November 25, 2008 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC D/B/A THE CHECK CASHING PLACE       
560 Sylvan Avenue, Englewood Cliffs, NJ, 07632-3119

A license was issued to engage in business as a licensed casher of checks at 
544 East Fordham Road, Bronx, NY 10458, in connection with the purchase of assets of Prima Check Cashing, Inc.

In conjunction with the above license issuance, the original check casher license for 544 East Fordham Road, Bronx, NY 10458 was surrendered.


November 25, 2008 (tr-FWB)
THE GOLDMAN SACHS TRUST COMPANY
One New York Plaza, New York, NY 10004

Authorization issued to open and occupy a branch office at 85 Broad Street, Borough of Manhattan, City of New York 10004, on or after November 25, 2008.


November 26, 2008 (FB-FWB)
LANDSBANKI ISLANDS HF.
Austuraeti 11, 155 Reykjavik, Iceland

Application, pursuant to Section 201 of the Banking Law, to establish a branch in New York, withdrawn. 


November 28, 2008 (BK-FWB)
CENTRAL PARK CREDIT BANK
156 West 56th Street, New York, NY  10019

Organization certificate filed for examination.   

Incorporators
Michael Kelly                       New York, NY
Thomas Mykityshyn               Holmdel, NJ
Robert Coats                        Evanston, IL
Dominic Curcio                     Chicago, IL
John Faso                            Kinderhook, NY


Application to engage in the business of a Mortgage Broker under Article 12-D of the New York State Banking Law withdrawn:

November 21, 2008 (BR-MBD)
Capital Property Funding Corp.
1123 Beekman Road, Hopewell Junction, NY 12533


Certificate to engage in the business of a Mortgage Broker surrendered:

November 20, 2008 (BR-MBD)
ALLEO, LLC
2174 Hewlett Avenue, Suite 204, Merrick, NY 11566
Effective Date: November 18, 2008

November 24, 2008 (BR-MBD)
Joseph Scott Properties, Inc. D/B/A Joseph Scott Financial
6804 Porto Fino Circle, Unit J, Fort Myers, FL 33912
Effective Date: November 14, 2008


Certificate to engage in the business of a Mortgage Broker Branch surrendered:

November 24, 2008 (BR-MBD)
Full Service Branch
Joseph Scott Properties, Inc. D/B/A Joseph Scott Financial
350 Fifth Avenue, Suite 4010, New York, NY 10118
Effective Date: November 14, 2008


License to engage in the business of a Mortgage Banker Branch surrendered:

November 20, 2008 (MB-MBD)
Full Service Branch
Madison Home Equities, Inc.
535 5th Avenue, 26th Floor, New York, NY 10017
Effective Date: November 20, 2008

November 20, 2008 (MB-MBD)
Full Service Branch
Albany Mortgage Group, Inc.
447 Glen Street, 2nd Floor, Glens Falls, NY 12801
Effective Date: November 19, 2008

November 20, 2008 (MB-MBD)
Full Service Branch
Albany Mortgage Group, Inc.
286 Genesee Street, 1st Floor, Suite 11, Utica, NY 13502
Effective Date: November 19, 2008

November 20, 2008 (MB-MBD)
Full Service Branch
Albany Mortgage Group, Inc.
178 Clizbe Avenue, Suite 206, Amsterdam, NY 12010
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
2468 Niagara Falls Boulevard, Tonawanda, NY 14150
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
574 Columbia Turnpike, Suite 3, East Greenbush, NY 12061
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
Poughkeepsie Plaza, 2600 South Road, Suite 9, Poughkeepsie, NY 12601
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
6363 Transit Road, Tops Plaza, Depew, NY 14043
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
15 Trieble Avenue, Milton Ctr. Plaza, Suite 4, Ballston Spa, NY 12020
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
9 Bert Crawford Road, Suite 104, Middletown, NY 10940
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
3247 Horseblock Road, Medford, NY 11763
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
5943 Rome Taberg Road, Canal Plaza, Suite A5, Rome, NY 13440
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
5626 State Highway 7, Suite 4, Oneonta, NY 13820
Effective Date: November 19, 2008

November 21, 2008 (MB-MBD)
Full Service Branch
American General Home Equity, Inc.
118 Quaker Road, Suite 6, Queensbury, NY 12804
Effective Date: November 19, 2008

The following mortgage bankers have been suspended effective October 23, 2008 for failure to fully pay their general assessment bills pursuant to section 17.2 of the New York Banking law.  

November 24, 2008 (MB-MBD)
First United Mortgage Banking Corp.
61 Jericho Turnpike, Jericho, NY  11753

November 24, 2008 (MB-MBD)
Home Consultants, Inc. D/B/A HCI Mortgage
473 Easton Turnpike, Suite A, Lake Ariel, PA  18436

November 24, 2008 (MB-MBD)
Mortgage City, Inc.
81 Two Bridges Rd., Edgewater Commons, Bdg. 2, Fairfield, NJ  07004


The following mortgage banker has been suspended effective November 18, 2008 for failure to fully pay the general assessment bill pursuant to section 17.2 of the New York Banking law.  

November 24, 2008 (MB-MBD)
Mortgage Line Financial Corp.
135 Crossways Park Drive, Suite 401, Woodbury, NY  11797


The suspension of the following Registered Mortgage Broker's registrations has been liftedNew mortgage brokerage residential property business may now be resumed.

November 25, 2008 (BR-MBD)
Frank C Madonna
2941A Bruckner Blvd., Bronx, NY 10461


The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:

November 20, 2008 (BR-MBD)
C.C.M. of WNY, Inc. D/B/A Creekside Funding
2901 Bowen Road, Suite 200, Elma, NY 14059 0377

November 21, 2008 (BR-MBD)
Patricia Barbosa DBA Flex Mortgage
79-20 Cypress Avenue, Ridgewood, NY 11385 6039
Branch Offices:
56 Second Avenue, Brentwood, NY 11717

November 21, 2008 (BR-MBD)
Atlantic Equity Solutions, Inc.
2175 Wantagh Avenue, Suite 109, Wantagh, NY 11793 3925

November 24, 2008 (BR-MBD)
Joseph Panzarella
105-14 Crossbay Boulevard, Ozone Park, NY 11417

November 24, 2008 (BR-MBD)
Fortune Property Management Corp.
1205 Leland Avenue, Bronx, NY 10472

November 26, 2008 (BR-MBD)
Creative Mortgage Brokerage Corporation
300 Rabro Drive, Suite 116, Hauppauge, NY 11788 4256


Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:

November 20, 2008 (BR-MBD)
Inner-City Mortgages, Inc.
1865 Flatbush Avenue, Brooklyn, NY 11210
Effective Date: October 31, 2008

November 20, 2008 (BR-MBD)
Haven For All, Inc.
11 South Pascack Road, Spring Valley, NY 10977
Effective Date: November 06, 2008

November 20, 2008 (BR-MBD)
Putnam Funding LLC
97 Oakridge Circle, Mahopac, NY 10541 2936
Effective Date: October 07, 2008

November 20, 2008 (BR-MBD)
America's Mortgage Center LLC
295 Northern Boulevard, Suite 105, Great Neck, NY 11021 0349
Effective Date: October 28, 2008

November 20, 2008 (BR-MBD)
DWS Mortgage, LLC
311 Hunns Lake Road, Stanfordville, NY 12538
Effective Date: October 28, 2008

November 20, 2008 (BR-MBD)
Hall Financial Group, Inc.
141 McClean Avenue, Staten Island, NY 10305 4657
Effective Date: October 23, 2008

November 20, 2008 (BR-MBD)
Wasserman Realty Service LLC
1603 McDonald Avenue, Brooklyn, NY 11230
Effective Date: October 09, 2008

November 20, 2008 (BR-MBD)
York Home Mortgage, LLC
11 Penn Plaza, Suite 5149, New York, NY 10001
Effective Date: November 04, 2008

November 20, 2008 (BR-MBD)
J.P. Mortgage L.L.C.
557 Blooming Grove Turnpike, Suites 102 & 103, New Windsor, NY 12553
Effective Date: August 08, 2008

Mortgage Broker Certificate Address Changes:

November 25, 2008 (BR-MBD)
X-Sell Mortgages Inc.
From: 146-14 Lakewood Avenue, Jamaica, NY 11435
To: 145-78 177th Place, Springfield Gardens, NY 11434 4939

November 25, 2008 (BR-MBD)
Elva Echeverria
From: 86-24 101st Avenue, Ozone Park, NY 11416
To: 98-09 Atlantic Avenue, Woodhaven, NY 11421 2736

November 25, 2008 (BR-MBD)
Bliss Home Funding Corp.
From: 1163 Willis Avenue
Albertson, NY 11507
To: 585 Stewart Avenue, Suite 301, Garden City, NY 11530 4701


The following Licensed Mortgage Banker paid a fine for failure to submit, in a timely manner, a Volume of Operations Report for the year 2007 which is required by Section 597 of the Banking Law.

November 19, 2008 (MB-MBD)
AFMC Mortgage
In Lieu of True Name American Federal Mortgage Corporation
1 Laurel Drive, Unit 1A, Flanders, NJ  07836
Amount: $5,000.00


The following Registered Mortgage Broker paid a fine for failure to submit, in a timely manner, a Volume of Operations Report for the year 2007 which is required by Section 597 of the Banking Law.

November 24, 2008 (BR-MBD)
Next Century Funding, Ltd.
326 Broadway, Suite A, Bethpage, NY 11714
Amount: $2,500.00


The following Registered Mortgage Broker has entered into a Settlement Agreement with the Banking Department, in lieu of a hearing for fine and/or revocation of it's mortgage broker's registration, to settle violations of § 594b of the State of New York Banking Law.  The Settlement Agreement's terms and conditions include a fine of $5,000 payable on the effective date of the Agreement.

November 25, 2008 (BR-MBD)
AHL Home Funding In lieu of Atlantic Home Loans, Inc.
20 Chapin Road, Unit 1013A, Pine Brook, NJ 07058
Date of Settlement Agreement:  November 12, 2008


THERE WILL BE NO SECTION III THIS WEEK.


 

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