Skip to Content

Translate | Disclaimer

New York State Department of Financial Services

Weekly Bulletin

December 9, 2011

SECTION I
This section records the receipt of applications and notices to the Banking Division of the Department of Financial Services.   Applications and notices received by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of receipt; applications and notices received by Mortgage Banking 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 DEPARTMENT.
Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the 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 Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by e-mail to Comments@dfs.ny.gov.This Weekly Bulletin may also be viewed online at the Department’s Web site at:  http://www.dfs.ny.gov

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

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 unit of the Department which has supervisory responsibility for the institution.  The following is a list of the codes and their meanings:


INSTITUTION CODES

BK

Bank

BP

Budget Planner

CC

Check Casher

CU

Credit Union

FA

Foreign Agency

FB

Foreign Branch

FR

Foreign Representative Office

HC

Holding Company

IC

Investment Company

LL

Licensed Lender

MK

Merchant Bank

MI

Miscellaneous

MB

Mortgage Banker

BR

Mortgage Broker

MS

Mortgage Servicer

PF

Premium Finance Agency

PB

Private Banker

SD

Safe Deposit Company

SF

Sales Finance Agency

SL

Savings and Loan Association

SB

Savings Bank

TM

Transmitter of Money

TR

Trust Company

REGULATORY UNIT CODES

CRB

Community and Regional Banks

CSD

Consumer Services

FWB

Foreign and Wholesale Banks

LFS

Licensed Financial Services

MBD

Mortgage Banking


SECTION l

December 1, 2011 (BP-LFS)
DEBt Management CREDIT COUNSELING CORP.
700 W. Hillsboro Blvd., Suite 105, Hillsboro Center, Bldg 1,
Deerfield Beach,  Broward County, FL 33441   

A notification of a relocation to 3310 N. Federal Highway, Lighthouse Point, Broward County, FL 33064 was received.

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 applicant.


December 5, 2011 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

An application was received for a license to engage in business as a licensed casher of checks in connection with the purchase of certain assets of R.D.C. Payroll Services, Inc. at 929 Southern Boulevard, Bronx, NY 10459

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 comments or objections should be submitted in writing, within ten business days, by December 22, 2011.


December 6, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Application dated August 25, 2011 for permission to change the location of branch office from 114 East Lexington Street, Baltimore, MD 21202 to 7 North Calvert Street, Baltimore, MD 21202, received.


December 8, 2011 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Application dated December 5, 2011 for permission to open and occupy a branch office at Timonium Center I, 1966 Greenspring Drive, Timonium, Baltimore County, MD 21093, received.


December 8, 2011 (TR-FWB)
THE BANK OF NEW YORK MELLON
One Wall Street, New York, NY 10005

Application dated December 7, 2011 for permission to change the location of branch office from Young-Poong Building, 33 Seolin-dong, Chongro-ku, Seoul, Korea to One IFC, 10 Gookjegeumyoong-ro, Yeouido-dong, Youngdeungpo-gu, Seoul, Korea, 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:

December 07, 2011 (BR-MBD)
Applicant(s)
Carl G. Bulgini, III
As: Fenwick Mortgage, LLC
745 Boston Post Road, Old Saybrook, CT 06475 2126


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

November 30, 2011 (MLS-MBD)
Applicant(s)
Scott Paul Conradson
Curtis Wayne Rethwisch
Steven Lewis Cohen
Eugene Albert Gorab
First Madison Services, LLC
Clayton Services, LLC
Clayton Holdings, LLC
Cobra Green LLC
As: Quantum Servicing Corporation
6302 E. Martin Luther King Blvd., Suite 300, Tampa, FL 33619


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

From:
May 23, 2011 (MLS-MBD)
Applicant(s)
Kevin M. Brungardt
Walter D. Worrall
Svyatoslav S. Bashmakov
RoundPoint Financial Group, Inc
As: RoundPoint Mortgage Servicing Corp.
Eight Parkway Plaza, 5032 Parkway Plaza Blvd. Suite 200, Charlotte, NC 28217

To:
December 6, 2011 (MLS-MBD)
Applicant(s)
Walter D. Worrall
Svyatoslav S. Bashmakov
John B. Johnson
Vincent T. Marino
Jefferson R. Voss
Thomas B. Youth
RoundPoint Financial Group, Inc.
As: RoundPoint Mortgage Servicing Corp.
Eight Parkway Plaza, 5032 Parkway Plaza Blvd. Suite 200, Charlotte, NC 28217

From:
March 21, 2011 (MLS-MBD)
Applicant(s)
Hal Leslie Bartow                           
Stephen Wade Faulkner                
Jason Otto Biegel                           
Patrick Michael Hickey
Terry Lee Purchal
LSF6 Service Operations, LLC      
As: Vericrest Financial, Inc
715 Metropolitan Avenue, Oklahoma City, OK 73108

To:
December 07, 2011 (MLS-MBD)
Applicant(s)
Hal Leslie Bartow                           
Stephen Wade Faulkner                
Jason Otto Biegel                           
Patrick Michael Hickey
Terry Lee Purchal
LSF6 Service Operations, LLC      
As: Vericrest Financial, Inc
13801 Wireless Way, Oklahoma City, OK  73134


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:

December 06, 2011 (BR-MBD)
Applicant(s)
Microsoft Corporation
To acquire interest in:
Adchemy, Inc. D/B/A RateMarketplace
1001 East Hillsdale Boulevard, 7th Floor, Foster City, CA 94404

December 07, 2011 (MB-MBD)
Applicant(s)            
Mark S. Rosenbloom
To acquire interest in:
United Mortgage Corp. UAN NY Finest Funding
Additional DBA(S): United Global Group
510 Broadhollow Road, Suite 202, Melville, NY 11747 3606


Article 12-E Applications received. Individuals listed may not engage in mortgage loan origination activities prior to the approval of their application for licensing.   They must  also complete all required education, testing and bonding requirements by the dates set forth in Part 420 of the Superintendent’s Regulations which may be found on the Department’s website.

Date of Application

NMLS ID

Name of Applicant

City & State of Residence

March 31, 2010

197095

Donny  Janevski

Fair Lawn

NJ

June 20, 2011

66710

Randi Joy Hodella

Miller Place

NY

June 21, 2011

68518

Carl George Bulgini

New Canaan

CT

July 25, 2011

367291

Daniel Jonathan Vaturi

Cedarhurst

NY

August 16, 2011

804498

Adriana  Como

Nesconset

NY

August 18, 2011

566398

Mery Ana Aristy

Yonkers

NY

September 6, 2011

383204

Michael C Casseri

Getzville

NY

September 14, 2011

815033

William Edward Cunningham

Goldens Bridge

NY

September 19, 2011

344142

Nick Armen Corey

Las Vegas

NV

September 26, 2011

799338

John P Fischer

Shoreham

NY

October 11, 2011

189548

Michael Steven Vassallo

Dix Hills

NY

November 1, 2011

103612

Igor  Lipkin

Brooklyn

NY

November 8, 2011

623939

Trudy  Hurd

Utica

NY

November 9, 2011

416543

Stacy Kathryn Barawed

Elk Grove

CA

November 9, 2011

13884

German  Florez

Charlotte

NC

November 14, 2011

589649

Maddaline A Kostyra

Irvington

NY

November 15, 2011

589990

Thomas  Sculco

Stormville

NY

November 15, 2011

65193

Steven C Gottesman

Lawrence

NY

November 17, 2011

424730

Anthony De Costa Ottaway

Waterford

MI

November 17, 2011

813630

William John Lawrence

Olmsted Township

OH

November 18, 2011

813652

Alicia Dawn Doty

Phoenix

AZ

November 18, 2011

813662

Christopher Jacob Scartz

Phoenix

AZ

November 18, 2011

422347

Richard George Silva

Desert Hills

AZ

November 21, 2011

827028

Matthew Silas Craig

Phoenix

AZ

November 21, 2011

813664

Brandon Ronnie Dale Shipman

Tempe

AZ

November 21, 2011

584249

Bryant Paul Nowicki

Bay City

MI

November 21, 2011

798526

Stephen Gerard Millet

Bronx

NY

November 22, 2011

813651

Barbara Marie Benell

Gilbert

AZ

November 23, 2011

827026

Stephen Thomas Cox

Scottsdale

AZ

December 6, 2011

774983

Mikhail D Nisimov

Forest Hills

NY


SECTION II

November 29, 2011 (CC-LFS)
CEBCO CHECK CASHER CORP.
369 Palmetto Street, Brooklyn, NY 11237

License was issued for a name change of a limited station casher of checks to Gracious Home LLC, 30-30 60th Street, Woodside, NY 11377, Bi-Weekly on Fridays from The Weck Corporation U/A/N Gracious Home, 30-30 60th Street, Woodside, NY 11377.
In connection with the above license issuance, the original limited station license was surrendered.


November 29, 2011 (CC-LFS)
CEBCO CHECK CASHER CORP.
369 Palmetto Street, Brooklyn, NY 11237

License was issued to change the location of doing business as a limited station casher of checks to Kiss Products, Inc., 57 Seaview Blvd., Port Washington, NY 11050.
In connection with the above license issuance, the original limited station license for 2 Harbor Park Drive, Port Washington, NY 11050 was surrendered.


December 2, 2011 (SB-CRB)
PIONEER SAVINGS BANK
21 Second Street, Troy, NY 12180

Approval given to change the location of branch office from 1452 Altamont Avenue, Town of Rotterdam, Schenectady County, NY 12303 to 1828 Altamont Avenue, Town of Rotterdam, Schenectady County, NY 12303, on or after December 3, 2011.


December 6, 2011 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA  01201

Authorization issued to open and occupy a branch office at 98 Wolf Road, Town of Colonie, Albany County, NY 12205, on or after December 7, 2011.


December 7, 2011 (BK-CRB)
AMALGAMATED BANK
275 Seventh Avenue, New York, New York 10001

The Superintendent’s “approval in principle” of the  Certificate of Amendment and Restated Organization Certificate of Amalgamated Bank under Sections 8005 and 8007 of the New York Banking Law was granted.
The amendment and restatement provides for, among other things:

  • Increase  the Bank’s capital stock from 870,000 shares of common stock, par value $10.00 per share, to 2,100,000 shares of common stock, par value $10.00 per share.   
  • Reflect a change in the address of the Bank’s principal Office;
  • Eliminate the preemptive rights of all shares of capital stock;
  • Eliminate the current classification of directors into three classes; and
  • Remove the requirement for the affirmative vote of holders of seventy-five percent of all Bank outstanding shares to take certain actions.

December 8, 2011 (MI-CRB)
CROSS RIVER BANK
885 Teaneck Road, Teaneck, NJ 07666

Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 3839 Flatlands Avenue, Borough of Brooklyn, City of New York 11234 to 1430 Broadway (8th Floor), Borough of Manhattan, City of New York 10018, effective December 1, 2011.


December 8, 2011 (MI-CRB)
SILICON VALLEY BANK
3003 Tasman Drive, Santa Clara, CA 95054

Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 535 Fifth Avenue (27th Floor), Borough of Manhattan, City of New York 10017 to 505 Fifth Avenue (11th Floor), Borough of Manhattan, City of New York 10017, effective October 31, 2011.


Certificate issued to engage in the business as a Mortgage Loan Servicer under Article 12-D of the New York State Banking Law:

December 6, 2011 (MLS-MBD)
Compu-Link Corporation d/b/a Celink
3900 Capital City Boulevard, Lansing, MI 48906


Certificate issued to engage in the business as a Mortgage Broker Branch under Article 12-D of the New York State Banking Law:

December 05, 2011 (BR-MBD)
Full Service Branch
American Nationwide Mortgage Company, Inc.
3353 Mendon Road, Suite 2, Cumberland, RI 02864

December 05, 2011 (BR-MBD)
Full Service Branch
MNS Mortgage LLC In Lieu of True Name Mortgage Network Solutions, LLC
56 Main Street, Suite 3D, Flemington, NJ 08822

December 05, 2011 (BR-MBD)
Full Service Branch
AVP Mortgage Solutions, LLC
155 East Main Street, Suite 170, Smithtown, NY 11787


License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:

December 05, 2011 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
333 Main Street, 2nd Floor, East Greenwich, RI 02818

December 05, 2011 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
660 Kinderkamack Road, Suite 202, Oradell, NJ 07649

December 05, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
127 Route 23, Suite 20, Hamburg, NJ 07419

December 05, 2011 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
653 Plank Road, Suite 2, Clifton Park, NY 12065

December 05, 2011 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.
6276 Amboy Road, Suite 2A, Staten Island, NY 10309

December 05, 2011 (MB-MBD)
Full Service Branch
Equity Now Inc.
133 Evergreen Road, Suite 218, Louisville, KY 40243


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

December 06, 2011 (BR-MBD)
ProLine Mortgage Corporation
20 Church Avenue, 2nd Floor, Ballston Spa, NY 12020 1956
Effective Date: November 28, 2011

December 07, 2011 (BR-MBD)
1 Point Mortgage, Inc.
55 Corbin Place, Brooklyn, NY 11235
Effective Date: November 29, 2011


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

December 01, 2011 (MB-MBD)
Citizens Mortgage Corporation
26-01 Pellack Drive, Fair Lawn, NJ 07410 3723
Effective Date: November 23, 2011


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

December 05, 2011 (BR-MBD)
Full Service Branch
Mortgage Match Inc.
3575 State Route 55, Kauneonga Lake, NY 12749
Effective Date: November 30, 2011


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

December 06, 2011 (BR-MBD)
Tychor Mortgage Enterprises, Inc.
333 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632 2705

December 06, 2011 (BR-MBD)
Benchmark Home Equities Inc.
1225 Helderberg Avenue, Schenectady, NY 12306 4812

December 07, 2011 (BR-MBD)
North Country Mortgage Inc.
144-1 Remington Boulevard, Ronkonkoma, NY 11779 6961


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

December 01, 2011 (BR-MBD)
Better Choice Funding Inc.
133 Kingston Avenue, Store Front, Brooklyn, NY 11213
Effective Date: November 18, 2011

December 01, 2011 (BR-MBD)
Paragon Capital Funding Corp.
155 West 72nd Street, Suite 308, New York, NY 10023
Effective Date: November 18, 2011

December 06, 2011 (BR-MBD)
Mortgage Match Inc.
1380 Bellmore Avenue, Bellmore, NY 11710
Effective Date: November 30, 2011

December 06, 2011 (BR-MBD)
Royal Financing & Consulting Corp.
23-09 31st Street, Suite #1, Astoria, NY 11105
Effective Date: November 22, 2011


Mortgage Banker Branch License Address Changes:

December 05, 2011 (MB-MBD)
Continental Home Loans Inc. D/B/A Senior Home Loans
From: 2900 Westchester Avenue, Suite 404, Purchase, NY 10577
To: 2900 Westchester Avenue, Suite 104, Purchase, NY 10577


Application approved pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:

December 01, 2011 (BR-MBD)
Applicant(s)
Douglas Scott Kaplan
Justin Douglas DeCrescente
To acquire interest in:
U.M. Services In Lieu of True Name United Mortgage Services, L.L.C.
270 Sylvan Avenue, Suite L130, Englewood Cliffs, NJ 07632


 Applications for licensing 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

Date Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

September 7, 2011

348933

Mark Shaffer Skivington

Glens Falls

NY

October 13, 2011

373171

Andrew William Garno

Tampa

FL

December 2, 2011

363685

Ameer  Sherard

Brooklyn

NY

December 2, 2011

424709

Steven Duncan Kowalske

Livonia

MI

December 7, 2011

493366

Kevin William Shenker

Twinsburg

OH


Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.

Date of Approval

NMLS ID

Name of Applicant

City & State of Residence

Sponsoring Entity

November 24, 2011

207810

Denise  D'Amaro Rathje

West Islip

NY

Residential Home Funding Corp.

December 2, 2011

39342

Fernando  Saenz

Franklin Lakes

NJ

Semper Home Loans, Inc.

December 2, 2011

19901

Shazeem  Alli

Valley Stream

NY

US Mortgage Corporation

December 2, 2011

500248

Christopher Gil Steinberger

Haddonfield

NJ

PHH Mortgage Corporation

December 2, 2011

472249

Kerin Elizabeth Murphy

Frisco

TX

Nationstar Mortgage LLC

December 2, 2011

29840

Rywka  Steinmetz

Monsey

NY

Meridian Residential Capital, LLC

December 2, 2011

585405

Aaron Vincent Charles Sarle

Berkley

MI

Quicken Loans Inc.

December 2, 2011

133421

William Joseph Prudden

Lewis Center

OH

Residential Finance Corporation

December 2, 2011

713752

Megan Nichole Frasier

Ann Arbor

MI

Quicken Loans Inc.

December 2, 2011

713788

Gay Ann Guyitt

Oxford

MI

Quicken Loans Inc.

December 2, 2011

446493

Dimitrios  Nicolopoulos

East Setauket

NY

FOXX CAPITAL FUNDING, INC

December 2, 2011

482258

Douglas B Adler

Guttenberg

NJ

Luxury Mortgage Corp.

December 2, 2011

323177

James Paul Apfel II

Royal Oak

MI

Quicken Loans Inc.

December 2, 2011

19057

Larry Henry Miranda

Tiverton

RI

Embrace Home Loans, Inc.

December 2, 2011

198291

Jonathan Edward Rodd

Williston

VT

PHH Mortgage Corporation

December 2, 2011

713776

Brent Raymond Opland

Dexter

MI

Quicken Loans Inc.

December 2, 2011

411225

Kyle Robert Casey

Bristol

RI

Embrace Home Loans, Inc.

December 2, 2011

373083

Scott  Stevens

New Bedford

MA

Embrace Home Loans, Inc.

December 2, 2011

380442

Christopher Keith Wright

Somerset

MA

Embrace Home Loans, Inc.

December 2, 2011

351238

Christopher Carlton Ponton

Rochester Hills

MI

Quicken Loans Inc.

December 2, 2011

98451

Ryan Michael Phillips

Ballston Lake

NY

Continental Home Loans Inc.

December 2, 2011

713744

Frank Matthew Buzolits

Royal Oak

MI

Quicken Loans Inc.

December 2, 2011

643709

Patrice E White

Elmont

NY

United Northern Mortgage Bankers Limited

December 2, 2011

392908

Amanda Marie Martin

Albany

NY

Springleaf Home Equity, Inc.

December 2, 2011

30485

Alan N Trachtman

Brooklyn

NY

Prospect Mortgage, LLC

December 2, 2011

337122

Aissa  Hamim

Astoria

NY

Springleaf Home Equity, Inc.

December 2, 2011

164441

John Boyd Devall

Savannah

TX

Nationstar Mortgage LLC

December 2, 2011

395580

Vincent  Syriac

Westbury

NY

Canyon Mortgage Corp

December 2, 2011

585479

Joan Elizabeth Barry

Northville

MI

One Reverse Mortgage, LLC

December 2, 2011

213831

Gregory Daniel Johns

Oceanside

NY

Mid-Island Mortgage Corp.

December 2, 2011

284035

Brian Dale Shapiro

West Bloomfield

MI

WCS Lending LLC

December 6, 2011

58403

Mendel  Klagsbrun

Monsey

NY

Funding Source Corp.

December 6, 2011

265622

Michael Blair Kacor

Wilmington

DE

New Day Financial, LLC

About DFS

Contact DFS

Reports & Publications

Licensing

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter

AccessibilityContact UsDisclaimerPrivacy PolicySite MapPDF Reader Software