Weekly Bulletin
September 23, 2011
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.
NOTE
The Weekly Bulletin formerly gave notice, in Section III, of applications filed by federally-chartered institutions (banks and thrifts) for new branches to be located in New York received from the Office of the Comptroller of the Currency or The Office of Thrift Supervision (now part of the OCC). Because the OCC no longer routinely sends copies of such applications to the Department, the Department has discontinued Section III. Such information is available on the website of the OCC at http://www.occ.treas.gov/tools-forms/tools/licensing/weekly-bulletin-corp-apps-search.html . (Searches may only be done on a state by state basis, and the results show applications of banks headquartered in that state. Thus, to find information about New York branch proposals by federally-chartered institutions headquartered in other states, it is necessary to search the headquarters state.)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 l
September 19, 2011 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901
Bulletin item dated August 9, 2011, which appeared in the Weekly Bulletin dated August 12, 2011, advising of the receipt of an application for permission to change the location of branch office from 145 Wolf Road, Town of Colonie, Albany County, NY 12205 to 85 Wolf Road, Town of Colonie, Albany County, NY 12205, is amended to reflect the address of the proposed site as 65 Wolf Road, Town of Colonie, Albany County, NY 12205.
September 21, 2011 (TM-LFS)
AFRICA REMITTANCE COMPANY LLC U/A/N ARCMONEYTRANSFER
419 Lafayette Street – 2nd Floor, New York, NY 10003
A notification of a change of assumed name to “SikaCash” was received.
The publication of receipt of this notification does not indicate that the notification is complete. A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.
September 22, 2011 (SF-LFS)
CULPEPER HOLDINGS, LLC
1345 Avenue of the Americas, 46th Floor, New York, NY 10105
An application for a change of control of Security National Automotive Acceptance Corporation, an Article 11-B sales finance company under Section 492-a of the Banking Law, was received.
Before approval of the application the licensee will convert to an Ohio limited liability company, pursuant to the laws of Ohio, and will be renamed Security National Automotive Acceptance Company, LLC.
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:
September 20, 2011 (BR-MBD)
Applicant(s)
Paul F. Loewe
As: MLS Home Funding Inc.
4400 Nesconset Highway, Port Jefferson Station, NY 11776
Application to establish a Mortgage Banker's Branch received for examination:
September 20, 2011 (MB-MBD)
Full Service Branch
Mortgage Master, Inc.
1979 Marcus Avenue, Suite 210, Lake Success, NY 11042
September 20, 2011 (MB-MBD)
Full Service Branch
Generation Mortgage Company
926 Sunrise Highway, West Babylon, NY 11704
Application to establish a Mortgage Banker's Branch received for examination amended to read as follows:
From:
May 18, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group LLC
6276 Amboy Road, Suite 2A, Staten Island, NY 10309
To:
July 22, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group LLC
5926 Amboy Road, Staten Island, NY 10309
SECTION II
September 15, 2011 (TM-LFS)
CASHEDGE INC.
215 Park Avenue South – Suite 1300, New York, NY 10003
License to engage in the business of transmitter of money at 215 Park Avenue South, Suite 1300, New York, NY 10003 was surrendered.
September 15, 2011 (TR-FWB)
THE BANK OF NEW YORK MELLON
One Wall Street, New York, NY 10005
Approval given to change the location of branch office from Westend Duo, Bockenheimer Landstrasse 24, Frankfurt, Germany, to MesseTurm, Friedrich-Ebert-Anlage 49, Frankfurt, Germany, on or after September 16, 2011.
September 16, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Approval given to change the location of branch office from Shoppers Food & Pharmacy, 857 East Fort Avenue, Baltimore, MD 21230 to 1725 Whetstone Way, Baltimore, MD 21230, on or after September 17, 2011.
September 19, 2011 (PF-LFS)
STANDARD FUNDING CORP.
335 Crossways Park Drive, Woodbury, NY 11797-2066
License to engage in business as a premium finance agency was surrendered.
September 19, 2011 (CC-LFS)
BAYCHESTER PAYMENT CENTER, LLC
1209 East 233rd Street, Bronx, NY 10466-3344
License to engage in business as casher of checks for the limited stations located at Muss Development LLC, 40-22 College Point Blvd, Flushing, NY 11354, and Crimson Construction Corp., World Trade Center – Tower One, New York, NY 10007 were surrendered.
September 20, 2011 (TR-CRB)
AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC
59 Maiden Lane, New York, NY 10038
Approval given to change the location of principal office from 59 Maiden Lane, Borough of Manhattan, City of New York 10038 to 110 Wall Street, Borough of Manhattan, City of New York 10005, on or after September 21, 2011.
September 20, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Authorization issued to open and occupy a branch office at Bloomsburg University of Pennsylvania, 400 East 2nd Street, Town of Bloomsburg, Columbia County, PA 17815 for the limited purpose of opening accounts, on or after September 21, 2011.
(This branch is to be in operation periodically at this location.)
September 21, 2011 (BK-CRB)
THE WESTCHESTER BANK
2001 Central Park Avenue Yonkers, NY 10710
The amendment provides for an increase in the number of authorized shares of common stock from 5.33 million shares to 7.5 million shares, all with a par value of $1.00 each share.
September 21, 2011 (SF-LFS)
RESPECT FINANCIAL, INC.
790 Burden Avenue, Troy, Rensselaer County, NY 12180
A license rider was issued for a change of location of an Article 11-B sales finance Company’s office from 888 Troy Schenectady Road, Latham, Albany County, NY 12110.
The following mortgage broker is no longer a New York State approved FHA Mortgage Loan Correspondent and may no longer originate loans as such:
September 15, 2011 (BR-MBD)
Executive Mortgage Group, Inc.
24 Madison Avenue Extension, Suite 11, Albany, NY 12203
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law corrected as follows:
From:
September 06, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
6276 Amboy Road, Suite 2A, Staten Island, NY 10309
From:
September 06, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
5926 Amboy Road, Staten Island, NY 10309
Certificate to engage in the business of a Mortgage Broker surrendered:
September 15, 2011 (BR-MBD)
Avrohom Becker
111 John Street, Suite 2500 N, New York, NY 10038 3101
Effective Date: September 13, 2011
September 16, 2011 (BR-MBD)
Qualified Mortgage Inc.
1258 49th Street, Suite 1, Brooklyn, NY 11219 3011
Effective Date: September 08, 2011
September 16, 2011 (BR-MBD)
Nelson Funding Services, LLC
4250 Veterans Highway, Holbrook, NY 11741
Effective Date: September 08, 2011
Certificate to engage in the business of a Mortgage Broker Branch surrendered:
September 16, 2011 (BR-MBD)
Full Service Branch
American Dream Financial Corp.
180 South Broadway, Ground Floor, White Plains, NY 10601
Effective Date: September 15, 2011
September 16, 2011 (BR-MBD)
Full Service Branch
American Dream Financial Corp.
55 Old Turnpike Way, Suite 610, Nanuet, NY 10954
Effective Date: September 15, 2011
License to engage in the business of a Mortgage Banker Branch surrendered:
September 16, 2011 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
120 West Church Street, Bergenfield, NJ 07621
Effective Date: September 08, 2011
September 19, 2011 (MB-MBD)
Full Service Branch
Luxury Mortgage Corp.
2351 Hylan Boulevard, Suite 2A, Staten Island, NY 10306
Effective Date: September 15, 2011
The following have been reinstated to the role of registered mortgage brokers. New mortgage brokerage residential property business may now be resumed:
September 16, 2011 (BR-MBD)
Nicholas Palumbo DBA The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533
September 16, 2011 (BR-MBD)
Constant Capital, Inc.
38-08 Bell Blvd., Bayside, NY 11361 2080
September 19, 2011 (BR-MBD)
Flash Mortgage Solutions, Inc.
72-32 Broadway, Suite 301, Jackson Heights, NY 11372
September 20, 2011 (BR-MBD)
Myrtle M Baptiste DBA Infinite Resources
143 Willis Avenue, Mineola, NY 11501
September 20, 2011 (BR-MBD)
sConsultants, Inc. dba Blue Bay Mortgage
Additional DBA(s): Viva Mortgage
62 School Street, Suite B, Glen Cove, NY 11542
September 20, 2011 (BR-MBD)
Homequest Mortgage & Financial Services Corporation
250 Fulton Avenue, Suite 420, Hempstead, NY 11550
September 20, 2011 (BR-MBD)
Directcash Mortgage Services, Inc.
2730 Claudia Court, Bellmore, NY 11710
September 20, 2011 (BR-MBD)
Sterling Mortgage Corporation
91 Broadhollow Road, Suite 101, Melville, NY 11747 2503
September 20, 2011 (BR-MBD)
Altis Home Funding, Corp.
560 Route 303, Suite 218, Orangeburg, NY 10962 1329
September 20, 2011 (BR-MBD)
Academy Capital Corp.
4625 White Plains Road, Bronx, NY 10470 1612
September 20, 2011 (BR-MBD)
MLB Residential Mortgage, Ltd.
39 Peachtree Lane, Hicksville, NY 11801
September 20, 2011 (BR-MBD)
Tychor Mortgage Enterprises, Inc.
333 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632 2705
Application to assume active status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:
September 16, 2011 (BR-MBD)
Long Street Home Equity Corp.
166-25 Powells Cove Blvd., Beechhurst, NY 11357
Effective Date: September 16, 2011
Mortgage Broker Certificate Address Changes:
September 20, 2011 (BR-MBD)
Yevgeny Primazon D/B/A Prim Company
From: 250 Nassau Blvd., Garden City South, NY 11530
To: 136 South Main Street, Freeport, NY 11520 3846
September 20, 2011 (BR-MBD)
Washington Equities Mortgage Corp.
From: 101 Atlantic Avenue, Lynbrook, NY 11563
To: 336 Atlantic Avenue, 1st Floor, East Rockaway, NY 11518
Mortgage Banker Branch License Address Changes:
September 20, 2011 (MB-MBD)
US Mortgage Corporation DBA Mortgage Concepts
From: 255 Deer Park Avenue, Unit C, Babylon, NY 11702
To: 1 Huntington Quadrangle, Suite 3S02, Melville, NY 11747
Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.
Approved Date |
NMLS |
Name |
City |
State |
Sponsor |
July 22, 2011 |
148871 |
Michael Ryan Fithian |
Bel Air |
MD |
New Day Financial, LLC |
August 22, 2011 |
32872 |
Robert L Morgan |
Livonia |
NY |
Nothnagle Home Securities Corp. |
August 22, 2011 |
228283 |
Adam David Betz |
Albany |
NY |
The Funding Store LLC |
August 24, 2011 |
274441 |
Jyoti Agarwala |
North Bergen |
NJ |
Allied Mortgage Group, Inc. |
August 25, 2011 |
494423 |
Jason Edward Elmore |
Leroy |
NY |
Nothnagle Home Securities Corp. |
August 25, 2011 |
645554 |
Karen Michelle Wiesner |
Rochester |
NY |
Nothnagle Home Securities Corp. |
August 25, 2011 |
291136 |
Sohail Iqbal Mahmud |
Lewisville |
TX |
Nationstar Mortgage LLC |
August 26, 2011 |
31780 |
Juan Carlos Morales |
East Elmhurst |
NY |
THE MONEY SOURCE, INC. |
August 27, 2011 |
255732 |
Rocio Torres |
Massapequa |
NY |
First Residential Mortgage Services Corporation |
August 29, 2011 |
404474 |
Michael Paul Parisi |
Wheatfield |
NY |
SYRACUSE SECURITIES INC. |
August 29, 2011 |
79639 |
Gina Besignano |
Jackson |
NJ |
Crown Financial Services, Inc |
August 29, 2011 |
377282 |
Michael Andrew Schultz |
Edgewater Park |
NJ |
GMAC Mortgage, LLC |
August 29, 2011 |
175535 |
Stephen Michael Davis |
White Plains |
NY |
Residential Home Funding Corp. |
August 29, 2011 |
337098 |
Anne Foerderer |
Floral Park |
NY |
Springleaf Home Equity, Inc. |
August 29, 2011 |
156315 |
John Arthur Messer |
Bayside |
NY |
CapitalPartners mc Incorporated |
August 29, 2011 |
376112 |
Jeffrey Bryan Pullen |
Ypsilanti |
MI |
Quicken Loans Inc. |
August 29, 2011 |
299378 |
Dmitry Gorodichev |
New York |
NY |
Amerimax Capital LLC |
August 29, 2011 |
91927 |
Richard Frank Cacciatore |
Franklin Square |
NY |
Vanguard Funding LLC |
August 29, 2011 |
192204 |
Jonathan Dale Appleton |
Newark |
DE |
Springleaf Home Equity, Inc. |
August 29, 2011 |
32778 |
Lisa Marie Fendelet |
Livonia |
MI |
One Reverse Mortgage, LLC |
August 29, 2011 |
121530 |
Jennifer Anne Pilla |
E. Setauket |
NY |
US Mortgage Corporation |
August 29, 2011 |
147853 |
Charles D Gerth |
Horsham |
PA |
Residential Home Funding Corp. |
August 29, 2011 |
478240 |
Mark Steven Fisher |
Bronx |
NY |
United Northern Mortgage Bankers Limited |
August 29, 2011 |
31501 |
Alfred Masino |
Webster |
NY |
Guaranteed Home Mortgage Company, Inc. |
August 29, 2011 |
115148 |
Charles Damien Valentin |
Columbus |
OH |
Residential Finance Corporation |
August 29, 2011 |
530569 |
Louis M Kosko |
New Rochelle |
NY |
United Northern Mortgage Bankers Limited |
August 29, 2011 |
615883 |
Jeffrey S. Buder |
New Rochelle |
NY |
United Northern Mortgage Bankers Limited |
August 29, 2011 |
255876 |
Matthew Joseph Bollitier |
Lasalle |
|
Quicken Loans Inc. |
August 29, 2011 |
107325 |
Gavin C Luckman |
Huntington |
NY |
US Mortgage Corporation |
August 29, 2011 |
612487 |
Richard Delisi |
Monroe |
NY |
Rand Mortgage LLC |
August 29, 2011 |
276978 |
Sarah Lane |
Freeport |
NY |
Cliffco, Inc. |
August 29, 2011 |
373348 |
Vernon Michael Pierce |
Stony Brook |
NY |
State Farm Bank, F.S.B. |
August 29, 2011 |
63857 |
Vincent Aldorasi |
Rockville Centre |
NY |
Contour Mortgage Corporation |
August 29, 2011 |
271453 |
Ruth Adrianna Alexandria |
Lewisville |
TX |
Nationstar Mortgage LLC |
August 29, 2011 |
373534 |
Perry Ross Karen |
Cherry Hill |
NJ |
PHH Mortgage Corporation |
August 29, 2011 |
188455 |
Rafael Latimer |
Brooklyn |
NY |
Intercontinental Capital Group, Inc. |
August 29, 2011 |
86769 |
Beau Anthony Prieto |
San Bernardino |
CA |
Home Loan Center, Inc. |
August 29, 2011 |
199427 |
Zachary Arthur Meier |
Bourbonnais |
IL |
Triad Financial Services, Inc. |
August 29, 2011 |
199472 |
Erik Von Burriss |
Mokena |
IL |
Triad Financial Services, Inc. |
August 29, 2011 |
267020 |
Rebecca Guznack |
Dearborn |
MI |
Quicken Loans Inc. |
August 29, 2011 |
222379 |
Jonathan A Adwar |
Smithtown |
NY |
Intercontinental Capital Group, Inc. |
August 29, 2011 |
202901 |
Moti Seoparson |
Floral Park |
NY |
First Residential Mortgage Services Corporation |
August 30, 2011 |
184582 |
Hoon Jae Moon |
Scottsdale |
AZ |
Quicken Loans Inc. |
September 1, 2011 |
198268 |
Robert Wayne Antaya |
Northville |
MI |
Quicken Loans Inc. |
September 1, 2011 |
389574 |
Mark Edward Sekel |
Marlton |
NJ |
PHH Mortgage Corporation |
September 1, 2011 |
130142 |
James Thomas Brooks Jr. |
Bear |
DE |
GMAC Mortgage, LLC |
September 1, 2011 |
332871 |
Salisha Mohammed Ali |
Elmhurst |
NY |
Progress Funding Inc |
September 1, 2011 |
404358 |
Kennedy Anand Mykoo |
Arverne |
NY |
Prospect Mortgage, LLC |
September 1, 2011 |
616771 |
Jamie Bridget Conlon-Silverman |
Old Westbury |
NY |
US Mortgage Corporation |
September 1, 2011 |
312332 |
Jen Chao |
Douglaston |
NY |
Summit Mortgage Bankers, Inc. |
September 1, 2011 |
165693 |
Neal D'Alessio |
Stamford |
CT |
Ameritrust Mortgage Bankers, Inc. |
September 1, 2011 |
457543 |
Anthony Castelli |
Smithtown |
NY |
US Mortgage Corporation |
September 1, 2011 |
396778 |
Lowell O Benjamin Jr |
Rochester |
NY |
Premium Mortgage Corp. |
September 8, 2011 |
65183 |
Joseph William Petry |
Watervliet |
NY |
Freedom One Funding, Inc. |
