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Banking Division
Weekly Bulletin

September 27, 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

September 18, 2013 (MI-CRB)
SUSSEX BANK
399 Route 23, Franklin, NJ 07416

Notice of intention to close branch office at 65-67 Main Street, Warwick, Orange County, NY 10990, received.

The comment period on this notice will expire October 28, 2013.


September 20, 2013 (FB-FWB)
LLOYDS TSB BANK PLC
25 Gresham Street, London, England EC2V GB

Application pursuant to Section 203.2 of the Banking Law to change the corporate name of Lloyds TSB Bank plc to Lloyds Bank plc received.


September 24, 2013 (TR-CRB)
SOLVAY BANK
1537 Milton Avenue, Solvay, NY 13209

Application dated September 20, 2013, for permission to open and occupy a branch office at 6828 East Genesee Street, Town of DeWitt, Onondaga County, NY 13066, received.


September 24, 2013 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Notice of intention to establish an electronic facility (automated teller machine) at Crosspoint Business Park, 475 Crosspoint Parkway, Town of Amherst, Erie County, NY 14068, received.


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

September 25, 2013 (MB-MBD)
Applicant(s)
Joseph Alan Panebianco
Matthew John Buckley
Ryan Peyton Kube
Nicholas Anthony Cettei
As: American Neighborhood Mortgage
Acceptance Company, LLC
700 East Gate Drive, Suite 400, Mount Laurel, NJ 08054 3807


Application to establish a Mortgage Banker's Branch received for examination:

September 25, 2013 (MB-MBD)
Full Service Branch
United Mortgage Corp. UAN NY Finest Funding
Additional DBA(S): United Global Group
490 Wheeler Road, Suite 185, Hauppauge, NY 11788

September 25, 2013 (MB-MBD)
Full Service Branch
SunTrust Mortgage, Inc.
10700 Sikes Place, Charlotte, NC 28277


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:
February 18, 2011 (MLS-MBD)
Applicant(s)
Steven Ray Horne                           
Georgiana Lacey Moses                
Michael J. Sekits                             
Randy Hamilton
Wingspan Portfolio Holdings, Inc.             
As: Wingspan Portfolio Advisors, LLC
4100 Midway Rd., Suite 11110, Carrollton, TX 75007

To:
September 19, 2013 (MLS-MBD)
Applicant(s)
Steven Ray Horne
Matthew R. Cassell                        
Stephanie Nicole Price Askew
Cesar Hernandez
Jason Spooner
Wingfund Dallas, LLC
Wingspan Portfolio Holdings, Inc.             
As: Wingspan Portfolio Advisors, LLC
4100 Midway Rd., Suite 11110, Carrollton, TX 75007


Application received pursuant to Section 594-b of the New York Banking Law and Part 418.8 of the Superintendent’s Regulations for a control interest:

September 24, 2013 (MLS-MBD)
Applicant(s)
Citigroup Network Holdings LLC, a wholly subsidiary of Citigroup, Inc.
To acquire 30% interest in:
Citimortgage, Inc.
1000 Technology Drive, O’Fallon, MO 63368


Mortgage Banker License Name Change Received:

September 19, 2013 (MB-MBD)
From: American Financial Resources, Inc.

To: American Financial Resources, Inc.
Additional DBA(s) E-Lend


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

December 29, 2011

826571

Michael John Mazzola Jr.

St. Clair Shores

MI

January 21, 2013

962491

Mason Edward Lowery

Columbus

OH

February 12, 2013

419110

Joseph Michael Nittoli Jr.

Livingston

NJ

February 12, 2013

109372

Ian Barry Sandler

Baltimore

MD

June 4, 2013

16841

Zachary Paul Levesque

New Providence

NJ

July 26, 2013

1072846

Deborah Ashley Macaluso

Jacksonville

FL

August 8, 2013

833902

Maja  Milojkovic

Pittsburgh

PA

August 9, 2013

1045292

Nathan Robert Vanderford

Louisville

KY

August 12, 2013

71200

Anthony Victor Sacco

North Babylon

NY

August 15, 2013

1065546

Lisa Marie Viglione

Endicott

NY

August 19, 2013

1002723

Jonathan  Matute

East Meadow

NY

August 21, 2013

1059157

Brian Christopher Farmer

St. Johns

FL


SECTION II

July 31, 2013 (IC-FWB)
GE CAPITAL INTERNATIONAL FINANCING CORPORATION
299 Park Avenue, New York, NY 10017

Final Order and Judgment of Dissolution entered in the Supreme Court of the State of New York, County of New York, on July 31, 2013 in compliance with Section 605 of the Banking Law, dissolving GE Capital International Financing Corporation, New York and terminating its corporate existence.


September 6, 2013 (CC-LFS)
APL CHECK CASHING, LLC
2326 Amsterdam Avenue, New York, NY 10033

License to engage in business as casher of checks at 2326 Amsterdam Avenue, New York, NY 10033 was surrendered.


September 25, 2013 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 6985 South Union Park Center (Suite 465), Midvale, Salt Lake County, UT 84047 to 6405 South 3000 East (Suite 200), Holladay, Salt Lake County, UT 84121, effective September 23, 2013.


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

September 19, 2013 (MB-MBD)
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
800 Westchester Avenue, Suite S332, Rye Brook, NY 10573 1376

September 24, 2013 (MB-MBD)
Rushmore Loan Management Services LLC
15480 Laguna Canyon Road, Suite 100, Irvine, CA 92618 2132


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

September 25, 2013
Vanderbilt Mortgage and Finance, Inc.
500 Alcoa Trail, Maryville, TN 37804


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

September 19, 2013 (MB-MBD)
Full Service Branch
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
333 International Drive, B2, Williamsville, NY 14221

September 25, 2013 (MB-MBD)
Full Service Branch
Springleaf Home Equity, Inc.
725 Industrial Boulevard, London, KY 40744


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

September 25, 2013
Vanderbilt Mortgage and Finance, Inc.
7800 McCloud Road, Greensboro, NC  27409


Application to engage in business of a Mortgage Banker branch under Article 12-D of the New York State Banking Law withdrawn:

September 24, 2013 (MB-MBD)
Full Service Branch
RoundPoint Mortgage Company
11404 Perugino Drive, Las Vegas, NV 89138


Certificate to engage in business of a Mortgage Broker surrendered:

September 24, 2013 (BR-MBD)
14 Apollo Associates
480 76th Street, Brooklyn, NY 11209
Effective Date: September 11, 2013


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

September 24, 2013 (MB-MBD)
Full Service Branch
Mortgage Enterprise, Ltd.
2049 Flatbush Avenue, 2nd Floor, Brooklyn, NY 11234
Effective Date: September 11, 2013


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

September 20, 2013 (BR-MBD)
Tychor Mortgage Enterprises, Inc.
333 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632 2705


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:

September 25, 2013 (MB-MBD)
Applicant(s)
Robert Grosser
To acquire interest in:
Luxury Mortgage Corp.
Four Landmark Square, Suite 300, Stamford, CT 06901 2518


Application approved pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:

September 24, 2013 (MLS-MBD)
Applicant(s)
David F. Caballero
To acquire interest in:
Home Servicing, LLC
8641 United Plaza Boulevard, Suite 302, Baton Rouge, LA 70809


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 the violations of New York Banking Law Sections 591 & 593; and Part 38 of the General Regulations.  The licensee operated under the name My Christian Mortgage and used this name in radio advertisements and conducted New York regulated mortgage activities from three unapproved internet websites.  The Settlement Agreement terms and conditions include a fine of $20,000.

August 27, 2013 (MB-MBD)
Contour Mortgage Corporation
1900 Hempstead Turnpike, Suite 206, East Meadow, NY  11554


The following licensed mortgage loan originator has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage loan originator license to settle Part 420.20(a)(4), 420.20(a)(3), and 420.21(h)(6) of the Superintendent’s Regulations.  The licensed mortgage loan originator was conducting regulated mortgage activities under the unauthorized name My Christian Mortgage via two websites and one domain name.  The Settlement Agreement terms and conditions include a fine of $10,000.

August 27, 2013 (MB-MBD)
Mr. Michael J. Rakeman
1900 Hempstead Turnpike, Suite 206, East Meadow, NY  11554


The following licensed mortgage loan originator has entered into a Settlement Agreement with the Department in lieu of a hearing for a fine or revocation of its mortgage loan originator license to settle Part 420.20(a)(4), 420.20(a)(3), and 420.21(h)(6) of the Superintendent’s Regulations.  The licensed mortgage loan originator was conducting regulated mortgage activities under the unauthorized name My Christian Mortgage via two websites and one domain name.  The Settlement Agreement terms and conditions include a fine of $10,000.

August 27, 2013 (MB-MBD)
Mr. Brian Schiele
1900 Hempstead Turnpike, Suite 206, East Meadow, NY  11554


AMENDMENT
The following application published in Weekly Bulletin dated September 20, 2013 is amended to read as follows:
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

July 10, 2013

885018

Roberto Rivera

Edgewater

NJ


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

August 27, 2013

1061461

Gregg Harry Ashworth

Rochester

NY

Homeowners Mortgage of America, Inc.

September 26, 2013

162326

Thomas Joseph Walsh

Flower Mound

TX

Rushmore Loan Management Services LLC