Banking Division
Weekly Bulletin
March 1, 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
February 19, 2013 (CU-CRB)
DIRECTORS CHOICE CREDIT UNION
426 New Karner Road, Albany, NY 12205
Application dated February 14, 2013 for permission to change the location of principal office from 426 New Karner Road, Albany, County of Albany, NY 12205 to 1 South Family Drive, Albany, County of Albany, NY 12205, received.
February 28, 2013 (BK-CRB)
RIVERSIDE BANK
11-13 Garden Street, Poughkeepsie, NY 12601
Application dated February 14, 2013 for permission to change the location of branch office from 16 Vassar Road, Town of Poughkeepsie, Dutchess County, NY 12603 to 2064 New Hackensack Road, Town of Poughkeepsie, Dutchess County, NY 12603, received.
March 1, 2013 (PF-LFS)
AON PLC and AON HOLDINGS LLC
8 Devonshire Square, London, England EC2M 4PL and 200 East Randolph Street, Chicago, Illinois 60601
Application received for a change of control. Aon plc and Aon Holdings LLC, newly created holding companies, are acquiring 100% indirect ownership of licensee Aon Premium Finance, LLC located at 200 East Randolph Street, Chicago, Illinois 60601.
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 establish a Mortgage Banker's Branch received for examination:
February 26, 2013 (MB-MBD)
Full Service Branch
Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding
255 Old New Brunswick Road, Suite S210, Piscataway, NJ 08854
February 26, 2013 (MB-MBD)
Full Service Branch
Guaranteed Home Mortgage Company Inc.
Aspen Corporate Park II 1460 Rte.9 No. Suite #302, Woodbridge, NJ 07095
February 26, 2013 (MB-MBD)
Full Service Branch
M.T.G. Capital D/B/A Mortgage Capital Associates, Inc.
121 Highway 36, Suite 230, West Long Branch, NJ 07764
Application to establish a Mortgage Loan Servicer’s Branch received for examination corrected to include the name and location of the branch, as follows:
From:
July 12, 2011
Full Service Branch
Kondaur Capital Corporation
270 Sylvan Avenue, Suite 100, Englewood Cliffs, NJ 07632
To:
January 18, 2013
Full Service Branch
Kondaur Capital Corporation
10 Auer Court, Suite G, East Brunswick, NJ 08816
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 |
|
August 14, 2012 |
408667 |
Janice Anne Szallai |
Whitehouse Station |
NJ |
October 9, 2012 |
240790 |
Tom A Andriopoulos |
Washington Township |
NJ |
December 4, 2012 |
843565 |
Matthew Underwood |
Long Beach |
NY |
December 4, 2012 |
898021 |
Jaime Thebner |
East Setauket |
NY |
December 14, 2012 |
583479 |
Jamie Marie Burton |
Indianapolis |
IN |
January 4, 2013 |
54062 |
Douglas Familia |
Bedford Hills |
NY |
January 11, 2013 |
855276 |
Xiaohua Li |
Elmhurst |
NY |
January 22, 2013 |
972861 |
Eric Todd Steinberg |
Mastic Beach |
NY |
January 22, 2013 |
979042 |
Michael A Warner |
Milford |
CT |
January 23, 2013 |
1002637 |
Michelle Lynn Delgaudio |
Waterford |
NY |
January 25, 2013 |
1009035 |
Joseph Deleo |
East Greenwich |
RI |
January 25, 2013 |
24050 |
William Charles Wild |
Coram |
NY |
January 28, 2013 |
999272 |
Brianne Lynn Pieklik |
Newport |
RI |
January 28, 2013 |
1003377 |
Daniel Aupperle |
Sewell |
NJ |
January 28, 2013 |
938373 |
Carl Lavern Mack |
Livonia |
MI |
January 28, 2013 |
822323 |
Joseph Patrick Walker |
Rancho Cordova |
CA |
January 28, 2013 |
959945 |
Mary C Hope |
Jacksonville |
FL |
January 28, 2013 |
1003388 |
Andrew Terrence Culkin |
Galloway |
NJ |
January 28, 2013 |
1003842 |
Timothy Robert Waiss |
Costa Mesa |
CA |
January 28, 2013 |
261048 |
Anthony A Dicriscio |
Cherry Hill |
NJ |
January 28, 2013 |
224939 |
Kevin Smith |
Laurel |
MD |
January 30, 2013 |
861280 |
Ryan Mathew Stallsmith |
Fraser |
MI |
January 30, 2013 |
984672 |
David James Martin |
Beverly Hills |
MI |
January 31, 2013 |
222840 |
Susan Lin-Yee Poon Wong |
East Brunswick |
NJ |
January 31, 2013 |
584248 |
Brett Thomas Mcgrew |
Canton |
MI |
January 31, 2013 |
419093 |
Peter Barbey |
Pomona |
NY |
SECTION II
January 23, 2013 (PF-LFS)
IPFS CORPORATION UANS PREMIUM FINANCING SPECIALISTS AND IMPERIAL CREDIT
1055 Broadway, 11th Floor, Kansas City, MO 64105
License to engage in business as a premium finance agency at 8245 Nieman Road, Suite 100, Lenexa, KS 66214 was surrendered.
January 24, 2013 (SB-CRB)
APPLE BANK FOR SAVINGS
1395 Northern Boulevard, Manhasset, NY 11030
Application, pursuant to Section 601-a of the Banking Law, for Apple Bank for Savings to acquire certain assets and assume certain liabilities from Emigrant Bank, New York, NY, accepted.
The transaction, if approved and consummated, will result in 29 branch offices of Emigrant Bank becoming branch offices of Apple Bank for Savings.
January 29, 2013 (PF-LFS)
PREMIER CREDIT CORP.
340 East 149th Street, Bronx, NY 10451
License to engage in business as a premium finance agency was surrendered.
February 11, 2013 (CC-LFS)
REGINA CHECK CASHING CORP.
739 West Nyack Road, West Nyack NY 10994
Licenses to engage in business as casher of checks for the mobile units servicing employees of the following establishments were surrendered:
- General Motors Corp., 199 Beekman Avenue, Tarrytown, NY 10591
- Electric Specialty Heating, 160 Wildey Street, Tarrytown, NY 10591
- Technician Instrument Corp., Benedict Avenue, Tarrytown, NY 10591
February 15, 2013 (CC-LFS)
PETER DESALVO
2046-A Eastchester Road, Bronx, NY 10461
An application for a change of control of Eastchester Check Cashing, Inc., a licensed casher of checks, was approved.
February 22, 2013 (BP-LFS)
DEBT REDUCTION SERVICES, INC.
6213 N. Cloverdale Road, Suite 100, Boise, Ada County, Idaho 83713
A rider was issued in connection with the relocation to: 3920 Veterans Highway, Suite 10, Bohemia, Suffolk County, NY 11716 from: 1 Corporate Drive, Suite 104, Bohemia, Suffolk County, NY 11716.
February 25, 2013 (SB-CRB)
APPLE BANK FOR SAVINGS
1395 Northern Boulevard, Manhasset, NY 11030
Application, pursuant to Section 601-a of the Banking Law, for Apple Bank for Savings to acquire certain assets and assume certain liabilities from Emigrant Bank, New York, NY, approved.
The transaction, when consummated, will result in 29 branch offices of Emigrant Bank becoming branch offices of Apple Bank for Savings.February 25, 2013 (SB-CRB)
EMIGRANT BANK
5 East 42nd Street, New York, NY 10017
Application, pursuant to Section 337 of the Banking Law, to sell to Apple Bank for Savings, Manhasset, NY, the safe deposit business conducted at the following 15 offices, approved:
250 West 23rd Street, Borough of Manhattan, City of New York 10011
2526 Grand Concourse, Borough of Bronx, City of New York 10458
370 East 149th Street, Borough of Bronx, City of New York 10455
74 Hugh J. Grant Circle, Borough of Bronx, City of New York 10472
101 East 170th Street, Borough of Bronx, City of New York 10452
2021 Bartow Avenue, Borough of Bronx, City of New York 10475
85 Pondfield Road, Bronxville, Westchester County, New York 10708
1954 Flatbush Avenue, Borough of Brooklyn, City of New York 11234
418 Myrtle Avenue, Borough of Brooklyn, City of New York 11205
1617 Avenue M, Borough of Brooklyn, City of New York 11230
102-35 Queens Boulevard, Forest Hills, Borough of Queens, City of New York 11375
280 East Park Avenue, Long Beach, Nassau County, New York 11561
1000 Merchants Concourse, Westbury, Town of Hempstead, Nassau County, New York 11590
200 Birch Hill Road, Locust Valley, Town of Oyster Bay, Nassau County, New York 11560
333 Glen Cove Avenue, Sea Cliff, Nassau County, New York 11579
(The sale is in conjunction with the acquisition by Apple Bank for Savings of these and other branch offices from Emigrant Bank.)
February 25, 2013 (MI-CRB)
BERKSHIRE BANK
24 North Street, Pittsfield, MA 01201
Authorization issued to open and occupy a branch office at Mansion Square Shopping Center, 3421 State Street, Town of Niskayuna, Schenectady County, NY 12304, on or after February 26, 2013.
February 25, 2013 (MI-CRB)
FIRST REPUBLIC BANK
111 Pine Street, San Francisco, CA 94111
As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 80 Broad Street, Borough of Manhattan, City of New York 10004 will not result in a significant reduction of banking services in the community to be affected.
February 26, 2013 (TR-CRB)
ANTHOS TRUST COMPANY, LLC
277 Park Avenue, New York, NY 10172
Approval given to change the location of principal office from 277 Park Avenue, Borough of Manhattan, City of New York 10172 to 245 Park Avenue, Borough of Manhattan, City of New York 10167, on or after February 26, 2013.
Certificate issued to engage in the business as a Mortgage Broker Branch under Article 12-D of the New York State Banking Law:
February 25, 2013 (BR-MBD)
Full Service Branch
Absolute Home Mortgage Corporation
2600 Philmont Avenue, Suite 212, Huntingdon Valley, PA 19006
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York State Banking Law:
February 25, 2013 (MB-MBD)
Full Service Branch
US Mortgage Corporation
8702 Flatlands Avenue, Suite 100, Brooklyn, NY 11236
Full Service Branch
NJ Lenders Corp. D/B/A Home Owners Mortgage Express
Additional D/B/A(s): Coastal Lenders
Silver Bay Lending
17 South Franklin Turnpike, Office #3-2 3rd Floor, Ramsey, NJ 07446
February 25, 2013 (MB-MBD)
Full Service Branch
M.T.G. Capital D/B/A Mortgage Capital Associates, Inc.
230 Collingwood, Suite 260B, Ann Harbor, MI 48103
License to engage in the business of a Mortgage Banker Branch surrendered:
February 27, 2013 (MB-MBD)
Full Service Branch
US Mortgage Corporation
1325 Paterson Plank Road, Suite A, Secaucus, NJ 07094
Effective Date: February 15, 2013
Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:
February 26, 2013 (BR-MBD)
The Mortgage Gallery Ltd.
3000 Marcus Avenue, Suite 3W7, Lake Success, NY 11042
Effective Date: February 07, 2013
February 26, 2013 (BR-MBD)
Radcliffe Funding Corp.
5036 Jericho Turnpike, Suite 305, Commack, NY 11725
Effective Date: February 26, 2013
Mortgage Broker Certificate Address Changes:
February 22, 2013 (BR-MBD)
Flamingo Credit Inc.
From: 1788 Richmond Road, Suite A, Staten Island, NY 10306
To: 591 Midland Avenue, Suite 2, Staten Island, NY 10306
February 25, 2013 (BR-MBD)
Long Street Home Equity Corp.
From: 400 Post Avenue, Suite 100, Westbury, NY 11590
To: 6851 Jericho Turnpike, Suite 185, Syosset, NY 11791 4460
Mortgage Banker License Address Changes:
February 25, 2013 (MB-MBD)
Wall Street Mortgage Bankers Ltd. D/B/A Power Express
From: 1111 Marcus Avenue, 3rd Floor, Lake Success, NY 11042
To: 1111 Marcus Avenue, Suite LL08, Lake Success, NY 11042 1034
Mortgage Banker Branch License Address Changes:
February 22, 2013 (MB-MBD)
Guaranteed Home Mortgage Company Inc.
From: 95 Allens Creek Road, Building 2, Suite 120, Rochester, NY 14618
To: 20 Wildbriar Road, Suite C, Rochester, NY 14623
February 22, 2013 (MB-MBD)
Plaza Home Mortgage, Inc.
From: 7077 Bonnevale Road, #410, Jacksonville, FL 32216
To: 4655 Salisbury Road, Suite 250, Jacksonville, FL 32256
Application approved February 22, 2013 pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for Morgan Stanley, through its direct subsidiaries Morgan Stanley Tower, LLC; Morgan Stanley Capital Management, LLC; Morgan Stanley Commercial Financial Services, Inc., and indirect subsidiary Morgan Stanley JV Holdings LLC
To acquire an interest in:
Morgan Stanley Smith Barney LLC
2000 Westchester Avenue, Purchase, NY 10577
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 |
|
February 21, 2013 |
913393 |
Timothy John Emmitt Jr. |
Berkley |
MI |
Quicken Loans Inc. |
February 21, 2013 |
98368 |
Michael David Smith |
Waterford |
MI |
Quicken Loans Inc. |
February 21, 2013 |
66618 |
Thomas Nicholas Regina |
Staten Island |
NY |
Agent Funding & Abstract,LLC |
February 21, 2013 |
69603 |
Ricci Merendino |
Colts Neck |
NJ |
Guaranteed Home Mortgage Company, Inc. |
February 21, 2013 |
908987 |
Frank J Desetto |
Staten Island |
NY |
Citybrook Corp |
February 21, 2013 |
897213 |
Terry Colaiacovo |
West Babylon |
NY |
Interstate Home Loan Center, Inc |
February 21, 2013 |
211179 |
David Sant'Angelo |
Rumson |
NJ |
Jersey Mortgage Company of New Jersey, Inc. |
February 21, 2013 |
975018 |
Sheila Stowell Kelly |
Marcellus |
NY |
1st Priority Mortgage, Inc. |
February 21, 2013 |
302428 |
Dawn M Terbush |
Smithtown |
NY |
PHH Home Loans, LLC |
February 21, 2013 |
893659 |
Michael Anthony Greski |
Marlton |
NJ |
PHH Mortgage Corporation |
February 21, 2013 |
198688 |
Steven Czopek |
Southgate |
MI |
Quicken Loans Inc. |
February 21, 2013 |
973088 |
Paul Mirdita |
Bronx |
NY |
CUSTOMIZED MORTGAGE SOLUTIONS, LLC |
February 21, 2013 |
847801 |
Ahmed Fadel Chamander |
Deaborn |
MI |
Quicken Loans Inc. |
February 21, 2013 |
12269 |
Qun Ying Zhang |
Flushing |
NY |
Summit Mortgage Bankers, Inc. |
February 21, 2013 |
206704 |
Vincent Nino Avallone |
Mullica Hill |
NJ |
Greentree Mortgage Company, Limited Partnership |
February 21, 2013 |
596728 |
Ai X Tsang |
Flushing |
NY |
Prospect Mortgage, LLC |
February 21, 2013 |
27521 |
Paul Blanchard |
Rochester Hills |
MI |
Quicken Loans Inc. |
February 21, 2013 |
41256 |
Thomas Joseph Young Jr |
Jacksonville |
FL |
PHH Mortgage Corporation |
February 21, 2013 |
58865 |
Kim Lauren Moskovic |
New City |
NY |
Real Estate Mortgage Network, Inc. |
February 21, 2013 |
894470 |
Blaire Parker Woodall |
Highland Village |
TX |
Nationstar Mortgage LLC |
February 21, 2013 |
759462 |
Harinder Pal Singh |
Dix Hills |
NY |
Residential Home Funding Corp. |
February 21, 2013 |
211505 |
Brett Michael Payne |
Costa Mesa |
CA |
loanDepot.com, LLC |
February 21, 2013 |
64701 |
Sergio Lopez |
Holtsville |
NY |
Interstate Home Loan Center, Inc |
February 21, 2013 |
920995 |
Jeremy Alan Painter |
Jacksonville |
FL |
PHH Mortgage Corporation |
February 21, 2013 |
339721 |
Ciara Snow Mendez-Verdecchio |
Wilmington |
DE |
New Penn Financial, LLC |
February 21, 2013 |
948563 |
Matthew Tonkin |
Rensselaer |
NY |
Maple Tree Funding LLC |
February 21, 2013 |
602884 |
Joseph Campagna |
Staten Island |
NY |
Continental Home Loans Inc. |
February 21, 2013 |
200209 |
Laura T O'Branovic |
Berkley |
MI |
Quicken Loans Inc. |
February 21, 2013 |
922578 |
Matthew Thomas Hinton |
Philadelphia |
PA |
PHH Mortgage Corporation |
February 21, 2013 |
906528 |
Amy Torres |
West Babylon |
NY |
Foxx Capital Funding, Inc |
February 21, 2013 |
980134 |
Scott Michael Loyer |
West Islip |
NY |
Reliance First Capital, LLC |
February 21, 2013 |
913725 |
Michael Steven Wilmoth |
Royal Oak |
MI |
Quicken Loans Inc. |
February 21, 2013 |
200985 |
Susan Lynn Adamson |
Manteno |
IL |
Triad Financial Services, Inc. |
February 21, 2013 |
964761 |
Daniel Edward Wiegand |
Fenton |
MI |
One Reverse Mortgage, LLC |
February 21, 2013 |
830061 |
Amy J Horvat |
Syracuse |
NY |
Nationwide Equities Corporation |
February 21, 2013 |
951127 |
Marliesha Layne Darnell |
Detroit |
MI |
Quicken Loans Inc. |
February 21, 2013 |
110956 |
Andy Lee Thaw |
Brightwaters |
NY |
Patriot One Mortgage Bankers, LLC |
February 21, 2013 |
847786 |
Graham Robert Dresselhouse |
Plymouth |
MI |
Quicken Loans Inc. |
February 21, 2013 |
887221 |
Heather Paige Mosher |
New York |
NY |
Vanguard Funding LLC |
February 21, 2013 |
812698 |
David Walter Kaltenrieder |
Chesterfield |
MO |
Altisource Fulfillment Operations, Inc. |
February 21, 2013 |
913386 |
Joseph Thomas Desjardins |
Romulus |
MI |
Quicken Loans Inc. |
February 21, 2013 |
385995 |
Richard Bange |
Levittown |
NY |
Mortgage Master, Inc. |
February 21, 2013 |
15835 |
Sean Auburn Robbins |
Medford |
NJ |
Freedom Mortgage Corporation |
February 21, 2013 |
913535 |
Sarah Anne Lang |
Detroit |
MI |
Quicken Loans Inc. |
February 21, 2013 |
899955 |
Nina Marie Thumm |
Marlton |
NJ |
PHH Mortgage Corporation |
February 21, 2013 |
929531 |
Michael Joseph Pollio |
Long Valley |
NJ |
Meadowbrook Financial Mortgage Bankers Corp. |
February 21, 2013 |
410105 |
Kenrick Robin Mykoo |
Bayshore |
NY |
Prospect Mortgage, LLC |
February 21, 2013 |
7914 |
John Stephen Boysen Iii |
Jacksonville |
FL |
PHH Mortgage Corporation |
February 21, 2013 |
845675 |
Madeline Lucille Caminiti |
Middle Village |
NY |
Contour Mortgage Corporation |
