Banking Division
Weekly Bulletin
February 8, 2013
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
For information on CRA applications and notices, please select this link.
SECTION II
This section 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 |
MB |
Mortgage Banker |
BP |
Budget Planner |
BR |
Mortgage Broker |
CC |
Check Casher |
MLS |
Mortgage Servicer |
CU |
Credit Union |
PF |
Premium Finance Agency |
FA |
Foreign Agency |
PB |
Private Banker |
FB |
Foreign Branch |
SD |
Safe Deposit Company |
FR |
Foreign Representative Office |
SF |
Sales Finance Agency |
HC |
Holding Company |
SL |
Savings and Loan Association |
IC |
Investment Company |
SB |
Savings Bank |
LL |
Licensed Lender |
TM |
Transmitter of Money |
MK |
Merchant Bank |
TR |
Trust Company |
MI |
Miscellaneous |
|
|
Regulatory Unit Codes
CRB |
Community and Regional Banks |
CSD |
Consumer Services |
FWB |
Foreign and Wholesale Banks |
LFS |
Licensed Financial Services |
MBD |
Mortgage Banking |
SECTION I
January 23, 2013 (TM-LFS)
ASSOCIATED FOREIGN EXCHANGE, INC.
16133 Ventura Blvd., Suite 900, Encino, CA 91436
Notification received for a change of office location from 16133 Ventura Blvd., Suite 900, Encino, CA 91436 to 21045 Califa Street, Woodland Hills, CA 91367.
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.
February 1, 2013 (PF-LFS)
IPFS CORPORATION
1055 Broadway, 11th Floor, Kansas City, Missouri 64105
Notification received for a change of office location from 101 Hudson Street, Jersey City, New Jersey 07302 to 30 Montgomery Street, Suite 1000, Jersey City, New Jersey 07302.
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.
February 4, 2013 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201
Notice of intention to close branch office at 20 Mall, 2080 Western Avenue, Town of Guilderland, Albany County, NY 12084, received.
The comment period on this notice will expire March 11, 2013.
February 5, 2013 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201
Application dated January 25, 2013 for permission to open and occupy a branch office at Mansion Square Shopping Center, 3421 State Street, Town of Niskayuna, Schenectady County, NY 12304, received.
February 5, 2013 (SB-CRB)
CROSS COUNTY SAVINGS BANK
79-21 Metropolitan Avenue, Middle Village, NY 11379
Application dated January 28, 2013 for permission to change temporarily the location of branch office from 175 Bedford Avenue, Borough of Brooklyn, City of New York 11211 to 731 Metropolitan Avenue, Borough of Brooklyn, City of New York 11211, received.
February 7, 2013 (TM-LFS)
TRANS-FAST REMITTANCE LLC
110 Wall Street, 2nd Floor, New York, NY 10005-3851
Notification received for a change of office location from 110 Wall Street, 2nd Floor, New York, NY 10005-3851 to 44 Wall Street, 4th Floor, New York, NY 10005-2401.
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 licensee.
Application to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law received for examination:
February 01, 2013 (MB-MBD)
Applicant(s)
Christopher R. Spaker
George W. Hamlin
Frank H. Hamlin, III
Karen C. Serinis
Lawrence A. Heilbronner
Robert Sheridan
Canandaigua National Bank and Trust
As: Home Town Funding, Inc. D/B/A CNB Mortgage Company
63 Monroe Avenue, Suite A, Pittsford, NY 14534 1301
Application to establish a Mortgage Banker's Branch received for examination:
February 06, 2013 (MB-MBD)
Full Service Branch
Cardinal Financial Company, LP
50 Harrison Street, Suite 310E, Hoboken, NJ 07030
February 06, 2013 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding
101 Tyrellan Avenue, Suite 220, Staten Island, NY 10309
February 06, 2013 (MB-MBD)
Full Service Branch
Jersey Mortgage Company of New Jersey, Inc.
38 Taylor Avenue, Suite 2A, Office #1, Manasquan, NJ 08736
Mortgage Banker License Name Change Received:
February 01, 2013 (MB-MBD)
From: Genworth Financial Home Equity Access, Inc.
To: Liberty Home Equity Solutions, Inc.
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:
February 01, 2013 (MB-MBD)
Applicant(s)
James C. McMahan, II
To acquire interest in:
Ark-La-Tex Financial Services, LLC D/B/A Benchmark Lending
5160 Tennyson Parkway, Suite 2000W, Plano, TX 75024 4297
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.
License Req Date |
NMLS |
Name |
City |
State |
April 17, 2012 |
356994 |
Stivens A Sanguino |
Port Chester |
NY |
October 1, 2012 |
621687 |
Samuel James Kendall |
Frisco |
TX |
October 4, 2012 |
954160 |
Michael Dorrie |
Wappingers Falls |
NY |
November 29, 2012 |
976393 |
Randi Lyn D'Ambrosia |
West Henrietta |
NY |
December 13, 2012 |
984631 |
Syed J Mohsin |
Syosset |
NY |
December 21, 2012 |
945619 |
Jorge J Ripalda |
Copiague |
NY |
January 7, 2013 |
338246 |
Ryan Joseph Hull |
Scottsdale |
AZ |
January 7, 2013 |
993540 |
Daniel Soubeyroux Kennedy |
St. Augustine |
FL |
January 7, 2013 |
862988 |
Joseph L Ferrante |
Brooklyn |
NY |
January 7, 2013 |
971646 |
Joseph Philip Deitch |
Horsham |
PA |
January 7, 2013 |
813643 |
William Quinn Mcdonnell |
Cleveland |
OH |
January 8, 2013 |
969867 |
Nicholas Ray Griffin |
Arlington |
TX |
January 8, 2013 |
950432 |
Brett Anthony Lenhart |
Jacksonville |
FL |
January 8, 2013 |
25720 |
Mickey Jay Murphy |
Kings Park |
NY |
January 9, 2013 |
18774 |
Michelle Mcgarity |
Hampton Bays |
NY |
January 9, 2013 |
6402 |
Richard Howard Griner |
Jacksonville |
FL |
January 9, 2013 |
70687 |
Justin Peter Viscomi |
Farmingville |
NY |
January 9, 2013 |
472389 |
Karol Liszewski |
Middle Village |
NY |
January 9, 2013 |
190506 |
Joseph P Claffey |
Jamison |
PA |
January 9, 2013 |
132215 |
Sean Patrick Doyle |
Levittown |
NY |
January 10, 2013 |
809868 |
Daniel William Arnold |
Greenwood |
IN |
January 10, 2013 |
366233 |
Rodrigo David Graham |
Irvine |
CA |
January 10, 2013 |
22447 |
John Paul Rinaldi |
Commack |
NY |
SECTION II
February 1, 2013 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Authorization to transact the business of Private Bankers issued, effective February 1, 2013.
GENERAL PARTNERS/CLASS 1 LIMITED PARTNERS
| Thomas E. Berk | Michael W. McConnell |
| Brian A. Berris | Jeffrey B. Meskin |
| Taylor S. Bodman | John P. Molner |
| John J. Borland | Donald B. Murphy |
| Timothy J. Connelly | Yukinori Nagahisa |
| Geoffrey M. Cook | John A. Nielsen |
| Carl S. Cutler | Sean Pairceir |
| Douglas A. Donahue, Jr. | Christopher C. Remondi |
| Dario Galindo | A. Heaton Robertson III |
| Kathryn C. George | William E. Rosensweig |
| Kristen F. Giarrusso | Jeffrey A. Schoenfeld |
| Timothy E. Hartch | Kevin W. Stone |
| Kyosuke Hashimoto | W. Carter Sullivan III |
| Landon Hilliard | Andrew J. F. Tucker |
| Jeffrey R. Holland | Lawrence C. Tucker |
| Charles O. Izard | William B. Tyree |
| Jared S. Keyes | Maroa C. Velez |
| Radford W. Klotz | Douglas C. Walker |
| Susan C. Livingston | William J. Whelan, Jr. |
| T. Michael Long | Richard H. Witmer, Jr. |
| Hampton S. Lynch, Jr. |
CLASS 2 LIMITED PARTNERS
| Walter H.Brown | John C. Hanson |
| Anthony T. Enders | Ronald J. Hill |
| Alexander T. Ercklentz | Michael Kraynak, Jr. |
| Terrence M. Farley | Douglas L. Maine |
| John A. Gehret | Eugene C. Rainis |
| Elbridge T. Gerry, Jr. | Stokley P. Towles |
| Robert R. Gould |
Permanent capital: $385,000,000.
(These Private Bankers are already under the supervision of the Department. New Certificate issued by reason of the withdrawal from the firm of J. William Anderson, a Class 2 Limited Partner.)
February 1, 2013 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Certificate of Authorization issued October 12, 2012 to transact the business of Private Bankers revoked, effective February 1, 2013.
February 1, 2013 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Applicant notified in writing that no objection will be interposed to the establishment of electronic facilities (automated teller machines) at the following three locations:
- Sheetz Inc. Convenience Store, 1647 Freeway Drive, Reidsville, Rockingham County, NC 27320;
- Sheetz Inc. Convenience Store, 1300 Battleground Avenue, Greensboro, Guilford County, NC 27408; and
- Sheetz Inc. Convenience Store, 805 South State Street, Town of Yadkinville, Yadkin County, NC 27055.
February 5, 2013 (MI-CRB)
ORITANI BANK
370 Pascack Road, Township of Washington, NJ 07676
Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 1114 Avenue of the Americas (45th Floor), Borough of Manhattan, City of New York 10036 to 1120 Avenue of the Americas (4th Floor), Borough of Manhattan, City of New York 10036, effective February 1, 2013.
Certificate to engage in the business of a Mortgage Broker surrendered:
January 31, 2013 (BR-MBD)
Advantage Home Funding Inc. D/B/A NY Advantage Home Funding
3799 Route 46 East, Suite 104, Parsippany, NJ 07054 1055
Effective Date: January 23, 2013
Mortgage Broker Certificate Address Changes:
February 06, 2013 (BR-MBD)
Hawkview I, Inc.
From: 181 South Broadway, 1st Floor, Tarrytown, NY 10591
To: 1 Neperan Road, Suite 207, Tarrytown, NY 10591 3438
February 06, 2013 (BR-MBD)
Hope Funding Group, Inc.
From: 878 East Jericho Turnpike, Huntington, NY 11746
To: 624 East Jericho Turnpike, Huntington, NY 11746 7317
February 06, 2013 (BR-MBD)
NorthStar Funding, Inc.
From: 534 Hudson Street, 1st Floor, Hoboken, NJ 07030
To: 79 Hudson Street, Suite 301-A, Hoboken, NJ 07030 5641
Mortgage Banker Branch License Address Changes:
February 06, 2013 (MB-MBD)
Guaranteed Home Mortgage Company Inc.
From: One Park Way, 3rd Fl. WW, Saddle River Plaza, Upper Saddle River, NJ 07458
To: One Park Way, 2nd Fl. East Wing, Upper Saddle River, NJ 07458
Mortgage Loan Servicer Certificate Address Changes:
February 06, 2013 (MLS-MBD)
Real Time Resolutions, Inc.
From: 1750 Regal Row, Suite #120, Dallas, TX 75235
To: 1349 Empire Central Drive, Suite 150, Dallas, TX 75247
The following licensed mortgage banker has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage banker license, to settle violations of Part 38 of the General Regulations of the Banking Board ("GRBB"), and Section 3500.7 of HUD Regulation X, Real Estate Settlement Procedures Act for failure to properly disclose application, credit report, property appraisal, and processing fees and the maximum consideration, including Yield Spread Premiums, fees, and points payable by the lender to the mortgage broker on pre-application forms prior to taking any application. The Settlement Agreement terms and conditions include a fine of $25,000.00
February 1, 2013 (MB-MBD)
Atlantic Home Loans, Inc.
20 Chapin Road, Unit 1013A, Pine Brook, NJ 07058
The following registered mortgage broker has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage broker registration, to settle the violation of Section 1005(a)(1) of the New York Business Corporation Law. The Registrant maintained an active registration with the Department and remained on the Roll of Registered Mortgage brokers, even though its status as a corporation was dissolved by New York Department of State. Furthermore, the Registrant failed to notify the Department of its corporate dissolution in violation of Supervisory Procedure MB 102.1(c)(1). The Settlement Agreement terms and conditions include a fine of $1,500 payable in six monthly installments.
February 1, 2013 (BR-MBD)
Homequest Mortgage & Financial Services Corp.
250 Fulton Avenue, Suite 420, Hempstead, NY 11550
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 State residential property:
Date Application Withdrawn |
NMLS ID |
Name of Applicant |
City & State of Residence |
|
February 1, 2013 |
83185 |
Miles Jamison Commodore |
Monroe |
NC |
February 4, 2013 |
367829 |
Frank Nicholas Marinelli |
Baldwinsville |
NY |
February 6, 2013 |
398796 |
Elizabeth Nirvanie Romano |
Lindenhurst |
NY |
