Skip to Content

Translate | Disclaimer

New York State Department of Financial Services


Banking Division
Weekly Bulletin

October 25, 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

October 22, 2013 (BP-LFS)
CLEARPOINT FINANCIAL SOLUTIONS, INC., D/B/A CLEARPOINT CREDIT COUNSELING SOLUTIONS
8000 Franklin Farms Dr., Richmond County, Richmond, VA 23229-5004

A notification was received for a licensed Budget Planner branch relocation From: 289 Genesee Street, Utica, Oneida County, NY 13501, To: 101 Main Street, Whitesboro, Oneida County, NY 13492.

The publication of receipt of the notification does not indicate that the notification is deemed complete. The notification is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.


October 22, 2013 (TM-LFS)
METRO REMITTANCE CENTER, INC.
69-11C Roosevelt Avenue, Woodside, NY 11377

Notification of a change of name was received in connection with the proposed merger of Metro Remittance Center, Inc., a licensed New York State money transmitter, with and into Metro Remittance (USA), Inc., a licensed California State money transmitter.  As a result of the proposed merger, there will be a name change from Metro Remittance Center, Inc to Metro Remittance (USA), Inc.

The publication of this notification of a change of name 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 Banking Division by the licensee.


October 23, 2013 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Notice of intention to establish an electronic facility (automated teller machine) at 6599 Route 219, Town of Ellicottville, Cattaraugus County, NY 14731, 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:

October 17, 2013 (BR-MBD)
Applicant(s)
Kenneth Mathew Longo
As: Allnet Group, Inc.
1 Dupont Street, Suite 108, Plainview, NY 11803

October 21, 2013 (BR-MBD)
Applicant(s)
Meghan E. Botkin
Shannon L. Gregory
As: B&G Network Solutions, Inc.
1004 Brodhead Road, Corapolis, PA 15108


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:
September 28, 2011 (MLS-MBD)
Applicant(s)
Robert Delwyn Yeary
Homer Marcus Helm, Jr.
Kevin James Gherardi
Michael Jeffrey Sekits
Tommy Alton Moore, Jr.
JAM Special Opportunities Fund, LP
RM Servicing Holdings, LLC
JAM Equity Partners LLC
As: Reverse Mortgage Solutions, Inc.
2727 Spring Creek Drive, Spring TX 77373

To:
October 23, 2013 (MLS-MBD)
Applicant(s)
Robert Delwyn Yeary
Homer Marcus Helm, Jr.
Kevin James Gherardi
Michael Ray Clendennen
Walter Reverse Acquisition LLC
Walter Investment Management Corp.
As: Reverse Mortgage Solutions, Inc.
2727 Spring Creek Drive, Spring TX 77373


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:

October 23, 2013 (MB-MBD)
Applicant(s)
GEICO Corporation and National Indemnity Company,
Subsidiaries of Berkshire Hathaway Inc.,
as Indirect Owners in Licensed Mortgage Banker:
21st Mortgage Corporation
620 Market Street, Knoxville, TN 37902

October 23, 2013 (MB-MBD)
Applicant(s)
Springleaf Financial Holdings, LLC and Springleaf Holdings, Inc.
To acquire an Indirect Interest in
Springleaf Home Equity, Inc.
601 N.W. Second Street, Evansville, IN  47708


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 12, 2013

196928

John T Butler

Flower Mound

TX

March 18, 2013

7941

Richard Anthony Brandariz

Portsmouth

RI

March 20, 2013

1012813

Elizabeth Anne Palmer

Langhorne

PA

May 24, 2013

991077

Wayne Arthur Schatzel

Bethpage

NY

June 21, 2013

35482

Raymond Leonard Turowski Jr.

Lansdale

PA

June 27, 2013

1071405

Scott David Mantel

Brooklyn

NY

July 5, 2013

8239

James Eugene Coffrini

El Dorado Hills

CA

August 12, 2013

1060327

Wayne Morris Frick Jr.

Cicero

NY

August 28, 2013

1083725

Claire Elizabeth Simonelli

Chappaqua

NY

September 9, 2013

847829

Timothy John Iles

Detroit

MI

September 9, 2013

1077156

Sergio Alejandro Moncada

Grosse Pointe Woods

MI

September 9, 2013

591359

Laura Anne Millard

Chesterfield

MI

September 9, 2013

339734

Nicholas Orlando Schepis

Parma Heights

OH

September 9, 2013

847915

Alexander Vincent Murphy-Barriga

Scottsdale

AZ

September 9, 2013

920374

Christopher Anthony Duncan

Easton

PA

September 10, 2013

774966

Benjamin Ross Lockwood

Ferndale

MI

September 10, 2013

214925

Dennis Dominick Belline

Stow

OH

September 10, 2013

951173

Patrick Stephen Kennedy

Rochester Hills

MI

September 10, 2013

1055782

Kelli Marie Thornberry

Rochester Hills

MI

September 10, 2013

1055746

Bradley Thomas Mangune

Pontiac

MI

September 10, 2013

1077377

John M Curaba

Coram

NY

September 11, 2013

1076259

Eric J Kepner

Troy

NY

September 11, 2013

998917

Ali Ibrahim Hammoud

Dearborn

MI

September 11, 2013

913636

Chase Elliott Peregrym

Scottsdale

AZ

September 11, 2013

646312

Laura Dawn Shackelford

Columbia

MO

September 11, 2013

18182

Gary  Goodman

North Kingstown

RI

September 11, 2013

1077395

Bruce A Estrada

Coram

NY

September 11, 2013

984588

Robert Matthew Gramer

Clinton Township

MI

September 11, 2013

1100047

Karen Marie Deming

Queensbury

NY

September 12, 2013

1100846

Kimberly Ann Maloney

Waterford

NY

September 12, 2013

1075057

Susan M Mintzer

Clifton Park

NY

September 12, 2013

1071737

Stephan Townsend Culhane

Chicago

IL

September 13, 2013

1072143

Christopher Michael Picaro

Frisco

TX

September 13, 2013

998972

Alexandria Jacquilynn Veronika Lynx Kazakos

Detroit

MI

September 13, 2013

880480

Lee Joseph Kennard

Detroit

MI

September 13, 2013

1059367

Alan Joseph Lea

Lewisville

TX

September 16, 2013

885164

Tony James Bevaque

Hamtramck

MI

September 16, 2013

1087820

Andrew Matthew Schutzer

Roslyn

NY

September 16, 2013

1008266

Michael Alexander Samuels

Southampton

PA

September 19, 2013

740678

Hanna  Shchurok

Brooklyn

NY

September 19, 2013

1076134

Chadwick Damian Bourque

Braintree

MA

September 20, 2013

813592

Michael Charles Minear

Livonia

MI

September 20, 2013

902525

Matthew Bradley Mccarthy

Sterling Heights

MI

September 20, 2013

825723

Girard Brandon Braxton

Oak Park

MI


SECTION II

September 26, 2013 (FR-FWB)
SHINKIN CENTRAL BANK
Tokyo, Japan

The Department interposes no objection to the notification, pursuant to Section 221-e of the Banking Law, of the change of location of representative office from 114 West 47th Street, Borough of Manhattan, City of New York 10036 to 655 Third Avenue, Borough of Manhattan, City of New York 10017.


September 30, 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 establishment of a representative office to be located at 99 Wood Avenue South, Iselin, Middlesex County, NJ 08830.


September 30, 2013 (MI-CRB)
COLE TAYLOR BANK
9550 West Higgins Road, Rosemont, IL 60018

Notification received, in accordance with Supervisory Policy G 8, of the establishment of representative offices at the following four locations:

  1. 60 Main Street (Suite 100), Hamburg, Erie County, NY 14075;
  2. 3300 Monroe Avenue (Suite 300), Rochester, Monroe County, NY 14618;
  3. 8450 Main Street (Suite B), Williamsville, Erie County, NY 14221; and
  4. 312 Wall Street, Kingston, Ulster County, NY 12401.

October 3, 2013 (TM-LFS)
USFOREX, INC.
100 Montgomery Street, Suite 1400, San Francisco, CA 94104

A license to engage in the business of a transmitter of money, pursuant to Article 13-B of the Banking Law was approved.


October 9, 2013 (MI-CRB)
BRANCH BANKING AND TRUST COMPANY
200 West 2nd Street, Winston Salem, NC  27101

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 1133 Avenue of the Americas (27th Floor), Borough of Manhattan, City of New York 10036.


October 10, 2013 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Notification received, in accordance with Supervisory Policy G 8, of the withdrawal of the proposal to establish a representative office at 15341 South 94th Avenue (Suite 102), Orland Park, Cook County, IL 60462.


October 15, 2013 (MI-FWB)
PROVIDENT NEW YORK BANCORP
400 Rella Boulevard, Montebello, NY 10901

Application, pursuant to Banking Law Section 519, to acquire control of Sterling Banking Corporation, approved.                         


October 17, 2013 (SF-LFS)
HAMILTON CAPITAL FUNDING, LLC
600 East Jericho Turnpike, Huntington Station, Suffolk County, New York 11746

Application for a license to engage in business as a sales finance company was approved. 


October 17, 2013 (SB-CRB)
APPLE BANK FOR SAVINGS
1395 Northern Boulevard, Manhasset, NY 11030

Authorization granting permission to open and occupy a branch office at 1817 Avenue M, Borough of Brooklyn, City of New York 11230, surrendered for cancellation.

Office discontinued as of October 13, 2013.


October 18, 2013 (BK-CRB)
THE MAHOPAC NATIONAL BANK
1441 Route 22, Town of Southeast, NY 10509

Application, pursuant to Section 136 of the Banking Law, for the conversion from national to state charter under the name Mahopac Bank, accepted.


October 18, 2013 (BK-FWB)
WOORI AMERICA BANK
1250 Broadway, New York, NY 10001

Authorization granting permission to open and occupy a branch office at 183 Main Street, Fort Lee, Bergen County, NJ 07024, surrendered for cancellation.

Office discontinued as of September 30, 2013.


October 22, 2013 (BP-LFS)
GREENPATH, INC. D/B/A  GREENPATH DEBT SOLUTIONS
36500 Corporate Drive, Farmington Hills, Oakland County, MI 48331

A license was issued to operate a budget planner location at 36500 Corporate Drive, Farmington Hills, Oakland County, MI 48331.


October 22, 2013 (BP-LFS)
NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION D/B/A  AMERICAN FINANCIAL SOLUTIONS
2815 2nd Avenue, Suite 280, Seattle, King County, WA 98121

A license was issued to operate a full service branch at 263 4TH Street, Bremerton, Kitsap County, WA 98337.


October 23, 2013 (MI-CRB)
COLE TAYLOR BANK
9550 West Higgins Road, Rosemont, IL 60018

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 470 Mamaroneck Avenue, White Plains, Westchester County, New York 10605.


October 23, 2013 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005

Verified Certificate to Continue Business as Private Bankers, filed for examination.

(These Private Bankers are already under the supervision of the Department.  New Certificate submitted by reason of the withdrawal from the firm of Robert R. Gould, a Class 2 Limited Partner.)


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

October 17, 2013 (BR-MBD)
Prodovis Mortgage, LLC
11800 Ridge Parkway, Suite 500, Broomfield, CO 80021 6539


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

October 21, 2013 (MB-MBD)
Home Town Funding, Inc. D/B/A CNB Mortgage Company
63 Monroe Avenue, Suite A, Pittsford, NY 14534 1301


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

October 17, 2013 (BR-MBD)
Full Service Branch
Prodovis Mortgage, LLC
8744 Lucent Boulevard, 2nd Floor, Highlands Ranch, CO 80129

October 17, 2013 (BR-MBD)
Full Service Branch
Prodovis Mortgage, LLC
1001 Liberty Avenue, Suite 675, Pittsburgh, PA 15222

October 21, 2013 (BR-MBD)
Full Service Branch
Right Trac Financial Group, Inc.
678 Troy Schenectady Road, Suite 206, Latham, NY 12110


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

October 21, 2013 (MB-MBD)
Full Service Branch
Cardinal Financial Company, LP D/B/A Sebonic Financial
375 N. Stephanie Street, Suite 1911, Henderson, NV 89014

October 21, 2013 (MB-MBD)
Full Service Branch
Nationwide Equities Corporation
2201 Midway Road, Suite 108F, Carrollton, TX 75006


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

October 22, 2013 (BR-MBD)
Customized Mortgage Solutions, LLC
One DeWolf Road, Suite 101, Old Tappan, NJ 07675 7084
Effective Date: October 01, 2013


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

October 22, 2013 (BR-MBD)
Full Service Branch
Customized Mortgage Solutions, LLC
25 Smith Street, Suite 204, Nanuet, NY 10954
Effective Date: October 01, 2013


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

October 17, 2013 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation D/B/A PHH Mortgage Services
Additional DBA(S): Instamortgage.com
Mortgagesave.com
Coldwell Banker Mortgage
ERA Mortgage
Century21 Mortgage
Domain Distinctive Property Finance
15 West Main Street, Waterloo, NY 13165
Effective Date: October 07, 2013

October 22, 2013 (MB-MBD)
Full Service Branch
MLD Mortgage Inc. D/B/A The Money Store
Additional DBA(S): Mortgage Lending Direct
9700 Rockside Road, Suite 275, Valley View, OH 44125
Effective Date: October 17, 2013

October 22, 2013 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
29 Atlantic Avenue, Suite J, Ocean View, DE 19970
Effective Date: October 17, 2013

October 23, 2013 (MB-MBD)
Full Service Branch
Residential Home Funding Corp. D/B/A RHF Wholesale
30 Freneau Avenue, Suite 2C, Matawan, NJ 07747
Effective Date: October 18, 2013


The following Registered Mortgage Brokers have failed to fully pay the general assessment, in violation of Section 17.2 of the Banking Law. Their mortgage broker registrations have expired, pursuant to Section 592-a of the New York Banking Law.

October 21, 2013 (BR-MBD)
Residential Capital Corp.
635 Walton Avenue, Room 1, Bronx, NY 10451

October 21, 2013 (BR-MBD)
A. Artland Shirley D/B/A Artland Realty Co.
3810 Church Avenue, Brooklyn, NY 11203 2907

October 21, 2013 (BR-MBD)
Safeway Equities LTD.
2545 Hempstead Turnpike, Suite 221, East Meadow, NY 11554 2144

October 21, 2013 (BR-MBD)
Benzion Blum
1454 45th Street, Brooklyn, NY 11219 2243

October 21, 2013 (BR-MBD)
Radcliffe Funding Corp.
5036 Jericho Turnpike, Suite 305, Commack, NY 11725

October 21, 2013 (BR-MBD)
BMC Productions Mortgage Co.
424 Webster Avenue, New Rochelle, NY 10801 3224

October 21, 2013 (BR-MBD)
Camelot Mortgage Co., Inc.
2562 Neptune Avenue, Seaford, NY 11783 3410

October 21, 2013 (BR-MBD)
Nicholas Palumbo DBA The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533

October 21, 2013 (BR-MBD)
Carstan Funding Inc. DBA Family Funding Services
606 Johnson Avenue, Suite #18, Bohemia, NY 11716 2688

October 21, 2013 (BR-MBD)
Directcash Mortgage Services, Inc.
2730 Claudia Court, Bellmore, NY 11710

October 21, 2013 (BR-MBD)
Overall Mortgage Corp.
1438 42nd Street, Lower Level, Brooklyn, NY 11219

October 21, 2013 (BR-MBD)
At Home Mortgage Corp.
127 Maple Boulevard, Long Beach, NY 11561 3816

October 21, 2013 (BR-MBD)
Prisani Funding Corporation
251-61 Jericho Turnpike, 2nd Floor, Bellerose, NY 11426

October 21, 2013 (BR-MBD)
Dalco Financial Services Inc.
120 Stevens Avenue, Mount Vernon, NY 10550 2605

October 21, 2013 (BR-MBD)
Consumer One Corp. d/b/a
Consumer One Mortgage
154-2 Remington Boulevard, Ronkonkoma, NY 11779 6912

October 21, 2013 (BR-MBD)
Abound Financial Group, Inc.
751-759 Allerton Avenue, Suite 201, Bronx, NY 10467 8818

October 21, 2013 (BR-MBD)
Homequest Mortgage & Financial Services Corp.
250 Fulton Avenue, Suite 420, Hempstead, NY 11550

October 21, 2013 (BR-MBD)
Randal L. Miller d/b/a
Atlantic Security Financial
3 Captain Richards Lane, Northport, NY 11768 2401

October 21, 2013 (BR-MBD)
Braccio Inc. D/B/A The Mortgage Forum
2809 Lindenmere Drive, Merrick, NY 11566

October 21, 2013 (BR-MBD)
Evergreen Funding of the Tri-State, Corp.
3910 14th Avenue, Brooklyn, NY 11218

October 21, 2013 (BR-MBD)
Galaxy Mortgage Funding Corp.
160-31 Union Turnpike, Fresh Meadows, NY 11366 1937

October 21, 2013 (BR-MBD)
Stone Street Mortgage Corp.
185 Spring Street, Suite 6, Newton, NJ 07860

October 21, 2013 (BR-MBD)
Benchmark Home Equities Inc.
1225 Helderberg Avenue, Schenectady, NY 12306 4812

October 21, 2013 (BR-MBD)
Money Market Mortgage, LLC
1343 Sullivan Avenue, 2nd Floor, South Windsor, CT 07074 2714

October 21, 2013 (BR-MBD)
Frontline Funding Group, Inc.
88-21 192nd Street, Hollis, NY 11423 2033

October 21, 2013 (BR-MBD)
TNI Finances, Inc.
626 Rexcorp Plaza, Suite 675, Uniondale, NY 11556 0626

October 21, 2013 (BR-MBD)
Mortgage Links Inc.
2043 Richmond Avenue, Staten Island, NY 10314 3900

October 21, 2013 (BR-MBD)
Citizens Mortgage Corporation
26-01 Pellack Drive, Fairlawn, NJ 07410


Mortgage Banker License Name Changes:

October 21, 2013 (MB-MBD)
From: Cardinal Financial Company, LP

To: Cardinal Financial Company, LP D/B/A Sebonic Financial

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

October 9, 2013

156374

Miriam  Duran Rodriguez

Elmhurst

NY

Prospect Mortgage, LLC

October 11, 2013

144186

Mark Lawrence Gerber

Marlton

NJ

E Mortgage Management LLC

October 21, 2013

1065354

Pinchas  Kish

Monroe

NY

A1 Funding, Inc.


About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter