Weekly Bulletin
November 27, 2009
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 |
FB = Foreign Branch |
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 23, 2009 (SF-LFS)
FERRARI FINANCIAL SERVICES, INC.
270 Sylvan Avenue, Englewood Cliffs, NJ, Bergen County, 07632
Notification received for a change of location to 250 Sylvan Avenue, Englewood Cliffs, NJ, Bergen County, 07632.
November 23, 2009(PF-LFS)
PREMIUM FINANCING SPECIALISTS, INC.
427 West 12th Street, Suite 100, Kansas City, MO 64105
An application received to change a branch office location of premium finance agency from 605 East Holland Avenue, Suite 210, Spokane, WA 99218 to 201 West North River Drive, Suite 301, Spokane, WA 99201.
The publication of this application does not indicate that the relocation is approved. An application is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.
November 24, 2009 (CC-LFS)
BAYCHESTER PAYMENT CENTER, LLC
1209 East 233rd Street, Bronx, NY 10466-3344
An application for a limited station casher of checks at Muss Development, LLC, 40-22 College Point Blvd., Flushing, NY 11354 was received.
The publication of receipt of this application does not indicate that the application is deemed complete. An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.
Any public response is to be given within ten business days.
November 25, 2009 (SF-LFS)
QATAR HOLDINGS GERMANY GMBH
GerinusstraBe 17, 60322, Frankfurt/Main Germany
Application received for prior approval of the Superintendent of Banks for a change of control of two sales finance companies Porsche Financial Services, Inc. and Porsche Funding Limited Partnership. Both are located at 4343 Commerce Court, Lisle, IL 60532.
The publication of receipt of this application does not indicate that the application is deemed complete. An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.
November 25, 2009 (SF-LFS)
QATAR HOLDINGS GERMANY GMBH
GerinusstraBe 17, 60322, Frankfurt/Main Germany
Application received for prior approval of the Superintendent of Banks for a change of control of the sales finance company VW Credit, Inc. located at 1401 Franklin Boulevard, Libertyville, IL 60048.
The publication of receipt of this application does not indicate that the application is deemed complete. An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.
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 25, 2009 (BR-MBD)
Applicant(s)
Craig Austen Hecht
As: WMN Services Incorporated
127 Route 25A, Suite H, Rocky Point, NY 11778
Application to establish a Mortgage Banker's Branch received for examination:
November 23, 2009 (MB-MBD)
Full Service Branch
US Mortgage Corporation DBA Mortgage Concepts
792 Carman Avenue, Westbury, NY 11590
November 23, 2009 (MB-MBD)
Full Service Branch
Oxford Lending Group LLC D/B/A Oxford of New York
17200 Perimeter Drive, Suite 201, Scottsdale, AZ 85255
November 23, 2009 (MB-MBD)
Full Service Branch
Residential Home Funding Corp. D/B/A RHF Wholesale
102-43 Jamaica Avenue, Richmond Hill, NY 11418
November 23, 2009 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
1000 Franklin Avenue, Suite 303, Garden City, NY 11530
Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:
November 19, 2009 (BR-MBD)
Applicant(s)
Constantine Paul Vases
Marios L. Eracleous
To acquire interest in:
Royal Financing & Consulting Corp.
23-09 31st Street, Suite #1, Astoria, NY 11105
November 24, 2009 (MB-MBD)
Applicant(s)
Harris Scott Focer
Gary Alan Horn
James F. Agoglia
To acquire interest in:
Quik Fund, Inc.
100 Merrick Road, Suite 227W, Rockville Centre, NY 11570 4800
Article 12-E Applications received after July 11, 2009. Each individual listed may not engage in mortgage loan origination activities until notified in writing that he or she may do so. In addition, all such individuals must be licensed by the dates set forth in Article 12-E (as in effect on July 11, 2009). They must also complete all required education, testing and bonding requirements by the dates set forth in regulations being drafted by the Superintendent pursuant to the authority of Article 12-E.
July 28 2008 |
Pablo Armando Lesma |
Staten Island |
NY |
August 03 2009 |
Leonardo David Quinones |
Glen Cove |
NY |
August 04 2009 |
Alexander Sommer Jr |
Schenectady |
NY |
August 07 2009 |
Hunt Gersin |
W. Bloomfield |
MI |
August 10 2009 |
Daniel Alphonse Ryan |
Colchester |
VT |
August 13 2009 |
Daniel Francis Bodt |
North Babylon |
NY |
August 27 2009 |
Charles Francis Bryson |
Clifton Park |
NY |
August 29 2009 |
Eric A Buhler |
Setauket |
NY |
August 31 2009 |
Maximillian W. Crisp |
Nanuet |
NY |
September 01 2009 |
Isaac Rochlitz |
Brooklyn |
NY |
September 03 2009 |
Arturo Varela |
Corona Del Mar |
CA |
September 04 2009 |
Bryan Scot Stone |
Destin |
FL |
September 08 2009 |
James C Maloney |
Northport |
NY |
September 09 2009 |
James Edward Smalley II |
Clifton Park |
NY |
September 12 2009 |
Ralph Ranieri |
Northport |
NY |
September 16 2009 |
Jan Rogowski |
Jackson Heights |
NY |
September 17 2009 |
Edwin Garcia |
Bronx |
NY |
September 17 2009 |
Lorna Clavel Curtin |
Coram |
NY |
September 18 2009 |
Peter Leonard Bifarella |
Attica |
NY |
September 21 2009 |
Brenda Geer |
Middletown |
NY |
September 21 2009 |
Yitzchok Kamenetsky |
Lakewood |
NJ |
September 24 2009 |
William James Peterson III |
Bel Air |
MD |
September 30 2009 |
Joseph John Campanella |
Glen Spey |
NY |
October 01 2009 |
Khelawan Persaud |
Woodhaven |
NY |
October 06 2009 |
Louis Nicholas Curci |
Marlboro |
NY |
October 13 2009 |
Karen Casanova |
North Babylon |
NY |
October 13 2009 |
Francisco Veras |
Merrick |
NY |
October 14 2009 |
Paul F. Loewe |
Medford |
NY |
October 19 2009 |
Marc Robert Greenstein |
Rocky Point |
NY |
October 19 2009 |
Philip E Torango |
Poughkeepsie |
NY |
October 20 2009 |
Pablo Alberto Cruz |
Amherst |
NY |
October 20 2009 |
Tiffany Marie Lange |
Kingston |
NY |
October 20 2009 |
Samuel Chrysostom Belu-John |
Brooklyn |
NY |
October 20 2009 |
Nelson Santana |
Scarsdale |
NY |
October 20 2009 |
Nicholas L Piazza |
Commack |
NY |
October 20 2009 |
Helen Sheppard |
Madison Twp |
PA |
October 20 2009 |
John P Roach |
Marcy |
NY |
October 21 2009 |
Joshua Marc Reifer |
Maspeth |
NY |
October 21 2009 |
Adam J Paganetti |
Glen Cove |
NY |
October 21 2009 |
Bruce C Swarts |
Ringwood |
NJ |
October 21 2009 |
Joey Torres |
Bronx |
NY |
October 21 2009 |
John Mario Macchiarelli |
Union |
NJ |
October 21 2009 |
James Thomas Quinn |
Ronkonkoma |
NY |
SECTION II
November 17, 2009 (SF-LFS)
CHRYSLER FINANCIAL SERVICES AMERICAS LLC U/A/N CHRYSLER FINANCIAL
27777 Inkster Road, Farmington Hills, Oakland County, MI 48334
License issued to reflect a change of a branch office location from One Blue Hill Plaza, Suite 1575, Pearl River, Rockland County, NY 10965 to head office at 27777 Inkster Road, Farmington Hills, Oakland County, MI 48334.
In conjunction with the above license issuance, the sales finance company license for One Blue Hill Plaza, Suite 1575, Pearl River, Rockland County, NY 10965, was surrendered.
November 19, 2009 (CC-LFS)
BRONX CHECK CASHING CORP.
143 West 72nd Street, New York, NY 10023
License to engage in business as casher of checks at 1893-95 Andrews Avenue, Bronx, NY 10453 was surrendered.
November 19, 2009 (CC-LFS)
URIBEA REALTY CORP.
143 West 72nd Street, New York, NY 10023
License to engage in business as casher of checks at 143 West 72nd Street, New York, NY 10023 was surrendered.
November 19, 2009 (CC-LFS)
URIBEA REALTY CORP.
143 West 72nd Street, New York, NY 10023
Limited station license to engage in business as casher of checks at City of New York, Manhattan Municipal Building, 1 Centre Street, New York, NY 10017 was surrendered.
November 20, 2009 (MS-CRB)
STATE STREET BANK AND TRUST COMPANY
One Lincoln Street, Boston, MA 02111
Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 522 Fifth Avenue, Borough of Manhattan, City of New York 10036.
November 24, 2009 (TR-cRB)
BANK OF Smithtown
One East Main Street, Smithtown, NY 11787
Authorization issued to open and occupy a branch office at 2401 Jericho Turnpike, Garden City Park, Town of North Hempstead, Nassau County, NY 11040, on or after November 25, 2009.
Certificate issued to engage in the business as a Mortgage Broker under Article 12-D of the New York State Banking Law:
November 25, 2009 (BR-MBD)
Resource One, Inc.
30 Jericho Executive Plaza, Suite 400E, Jericho, NY 11753 1081
Certificate issued to engage in the business as a Mortgage Broker Branch under Article 12-D of the New York State Banking Law:
November 25, 2009 (BR-MBD)
Full Service Branch
AMG Mortgage In Lieu of True Name Advisors Mortgage Group, LLC
1516 Route 138, Suite 2B, Wall, NJ 07719
November 25, 2009 (BR-MBD)
Full Service Branch
DML Mortgage Enterprises, Inc. DBA Direct Mortgage Wholesale
7 Pondfield Road, Suite 211, Bronxville, NY 10708
November 25, 2009 (BR-MBD)
Full Service Branch
Atlantic Home Capital, Corp.
1090C Loudon Road, Cohoes, NY 12047
November 25, 2009 (BR-MBD)
Full Service Branch
Albany Funding, Inc.
501 Genesee Street, Chittenango, NY 13037
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:
November 25, 2009 (MB-MBD)
Full Service Branch
Vanguard Funding LLC
48-58 East Old Country Road, Mineola, NY 11501
November 25, 2009 (MB-MBD)
Full Service Branch
Luxury Mortgage Corp. D/B/A Luxurymae
2351 Hylan Boulevard, Suite 2A, Staten Island, NY 10306
November 25, 2009 (MB-MBD)
Full Service Branch
Superior Home Mortgage In Lieu of True Name Superior Mortgage Corp.
80 Route 4 East, Paramus, NJ 07652
November 25, 2009 (MB-MBD)
Full Service Branch
RFC Mortgage In Lieu of True Name Residential Finance Corporation
4010 Boyscout Boulevard, Suite 600, Tampa, FL 33607
Application approved pursuant to Section 590(5-a) of the New York State Banking Law to act as an FHA Mortgage Loan Correspondent:
November 24, 2009 (BR-MBD)
Regional Home Mortgage, LLC
1150 Raritan Road, Suite 104, Cranford, NJ 07016 3369
November 24, 2009 (BR-MBD)
Discount Home Mortgage Corp.
One Cross Island Plaza, Suite 122, Rosedale, NY 11422 1401
Certificate to engage in the business of a Mortgage Broker surrendered:
November 19, 2009 (BR-MBD)
Ralph J Berardi DBA The Mortgage Company
235 Mamaroneck Avenue, Suite 105, White Plains, NY 10605
Effective Date: November 17, 2009
November 19, 2009 (BR-MBD)
Leonie Neufville D/B/A Neufville Mortgage
2901 Bayview Avenue a/k/a 974 Atlantic Avenue, Baldwin, NY 11510
Effective Date: November 18, 2009
November 19, 2009 (BR-MBD)
Burt P. Augustensen D/B/A Burt P. Augustensen Mortgages
S-114 Farview Avenue, Paramus, NJ 07652 2700
Effective Date: November 16, 2009
November 19, 2009 (BR-MBD)
Lorna J. McAllister
910 Lincoln Place, Brooklyn, NY 11213 3333,
Effective Date: November 18, 2009
November 24, 2009 (BR-MBD)
East End Mortgage, Inc.
59 Maple Street, Suite A, Southampton, NY 11968
Effective Date: October 29, 2009
License to engage in the business of a Mortgage Banker surrendered:
November 25, 2009 (MB-MBD)
Resource One, Inc.
30 Jericho Executive Plaza, Suite #400E, Jericho, NY 11753
Effective Date: November 25, 2009
Certificate to engage in the business of a Mortgage Broker Branch surrendered:
November 24, 2009 (BR-MBD)
Full Service Branch
UBS Financial Services Inc.
12 Booth Drive, Plattsburgh, NY 12901
Effective Date: November 19, 2009
November 24, 2009 (BR-MBD)
Full Service Branch
East End Mortgage, Inc.
124 Front Street, 2nd floor, Greenport, NY 11944
Effective Date: October 29, 2009
License to engage in the business of a Mortgage Banker Branch surrendered:
November 25, 2009 (MB-MBD)
Full Service Branch
Resource One, Inc.
143-10 Rockaway Boulevard, Ozone Park, NY 11436
Effective Date: November 25, 2009
November 25, 2009 (MB-MBD)
Full Service Branch
Resource One, Inc.
132-18 Rockaway Boulevard, 1st Floor, South Ozone Park, NY 11420
Effective Date: November 25, 2009
November 25, 2009 (MB-MBD)
Full Service Branch
Resource One, Inc.
79 Water Mill Lane, Great Neck, NY 11021
Effective Date: November 25, 2009
Subsequent to a hearing conducted on September 3, 2009, the following company's Mortgage Banker License was revoked on November 13, 2009. The Superintendent found substantial evidence has been adduced that the Respondent, a mortgage banker violated the provisions of Sections 591-(4) and 597 of the Banking Law and Parts 410.8(b) and 410.9(a) of the Superintendent's Regulation for failure to maintain an active surety bond or asset deposit.
November 25, 2009 (MB-MBD)
Fairfield Financial Mortgage Group, Inc.
62 Oak Drive, Suite 2, Syosset, New York 11791
Effective Date: November 13, 2009
The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:
November 25, 2009 (BR-MBD)
B & H Funding, Inc.
11 Lake Street, Suite 202, Monroe, NY 10950 3521
Mortgage Broker Certificate Address Changes:
November 24, 2009 (BR-MBD)
Cannondale Financial LLC
From: 40 Richards Avenue, 2nd Floor, Norwalk, CT 06854
To: 144 East Avenue, Suite 200, Norwalk, CT 06851 5761
November 24, 2009 (BR-MBD)
Discount Home Mortgage Corp.
From: One Cross Island Plaza, Suite 126, Rosedale, NY 11422
To: One Cross Island Plaza, Suite 122, Rosedale, NY 11422 1401
Mortgage Broker Branch Certificate Address Changes:
November 24, 2009 (BR-MBD)
Primerica Financial Services Home Mortgages, Inc.
From: 10440 Main Street, Suite 202, Clarence, NY 14031
To: 1543 Orchard Park Road, Suite 1, West Seneca, NY 14224
Mortgage Banker Branch License Address Changes:
November 24, 2009 (MB-MBD)
PHH Home Loans, LLC D/B/A Coldwell Banker Home Loans
Additional DBA(S): ERA Home Loans
Cartus Home Loans
From: 61-43 186th Street, Fresh Meadows, NY 11365
To: 50-18 Expressway Drive South, Ronkonkoma, NY 11779
Article 12-E Applications filed prior to July 11, 2009 and deemed complete by the Superintendent. 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. In addition, all such individuals must be licensed by the dates set forth in Article 12-E (as in effect on July 11, 2009). They must also complete all required education, testing and bonding requirements by the dates set forth in regulations being drafted by the Superintendent pursuant to the authority of Article 12-E.
| May 14 2009 | Lawrence Michaelessi |
Irvington |
NY |
June 04 2009 |
Rudolph Michel Renelique |
Woodmere |
NY |
Applications for authorization as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN. The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:
November 19 2009 |
Vincent Anthony Addeo |
Middle Village |
NY |
November 19 2009 |
Datija David Hot |
Whitestone |
NY |
November 19 2009 |
Errol Boreland |
Milton |
NY |
November 19 2009 |
Asriel Rabinowitz |
Lakewood |
NJ |
November 19 2009 |
Nicholas Schmidtke |
Deer Park |
NY |
November 19 2009 |
John Spina |
Westbury |
NY |
November 19 2009 |
George Peter Sanders |
Bethpage |
NY |
November 19 2009 |
Daniel Cocuzzo |
Merrick |
NY |
November 19 2009 |
Greg Stephen Blume |
Holbrook |
NY |
November 19 2009 |
Christopher A. Bartlett |
Glen Head |
NY |
November 19 2009 |
Alice S Dunlop |
New Hartford |
CT |
November 19 2009 |
Sharon Keating |
Trabuco Canyon |
CA |
November 19 2009 |
Julie Mazorowicz |
Sterling Heights |
MI |
November 19 2009 |
Ryan Ulivi |
Royal Oak |
MI |
November 19 2009 |
Santo Pirri |
Malden |
MA |
November 19 2009 |
David Trevarrow |
Orion Township |
MI |
November 19 2009 |
Vincent Coronado |
Temecula |
CA |
November 19 2009 |
David Cole Dr |
New Rochelle |
NY |
November 19 2009 |
Vincent John Ficarra |
Brewster |
NY |
November 19 2009 |
Dan Bullock |
Loveland |
OH |
November 19 2009 |
Joshua Coulter |
West Chester |
OH |
November 19 2009 |
Alekas Patentas |
Norwood |
NJ |
November 19 2009 |
Steven Peter Cardarelli |
Madison |
CT |
November 20 2009 |
Henry V. Richards |
Jamaica |
NY |
November 20 2009 |
Marvin Belcher |
Louisville |
KY |
November 20 2009 |
Karl Peidl |
Stratford |
NJ |
November 20 2009 |
Roger Steven Schlegel |
West Babylon |
NY |
November 24 2009 |
Fang Cheng Chan |
Flushing |
NY |
Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.
3420 |
Victoria Roach |
IMPACT MORTGAGE CORP. |
9483 |
Edward Angelino |
WALL STREET MORTGAGE BANKERS LTD. DBA POWER EXPRESS |
SECTION III
November 5, 2009
THE CANANDAIGUA NATIONAL BANK AND TRUST COMPANY
72 South Main Street, Canandaigua, Ny 14424,Ontario County
Application to open a new Greece Latta Long Pond Branch at 3188-3196 Latta Road, Greece, NY 14612, Monroe County.
November 10, 2009
EMPIRE NATIONAL BANK
1707 Veterans Memorial Highway, Islandia, NY 11749, Suffolk County
Application to open a new Garden City Branch at 666 Old County Road, Suite 103, Garden City, NY 11530, Nassau County.
