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Banking Division
Weekly Bulletin

April 25, 2014

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.

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

April 18, 2014 (CC-LFS)
RITE CHECK CASHING, INC.
2602-4 Eighth Avenue, New York, NY 10030

An application was received to change the location of doing business as a licensed casher of checks

To:        2533 Frederick Douglas Boulevard, New York, NY 10030
From:    2602-4 Eighth Avenue, New York, NY 10030.

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 made in writing, within 10 business days, by May 9, 2014.


April 21, 2014 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Application dated April 14, 2014, for permission to open and occupy a branch office at 75 Holly Hill Lane, Greenwich, Fairfield County, CT 06830, received.


April 21, 2014 (BP-LFS)
GREENPATH, INC.
36500 Corporate Drive, Farmington Hills, MI 48331.

Notification of a licensed Budget Planner branch relocation was received for the following two branch office locations:

From: 245 Edison Road, Suite 230, Mishawaka, IN 46545 
To:     245 Edison Road, Suite 130, Mishawaka, IN 46545.

From: 4811 South 76th Street, Suite 410, Greenfield, WI 53220
To:      10101 West Greenfield Avenue, West Allis, WI 53214

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.


April 24, 2014 (TM-LFS)
MEMO MONEY ORDER COMPANY OF NEW YORK, INC.
1029 Mumma Road, P.O. Box 8863, Camp Hill, PA 17001-8863

Notification received of a name change from MEMO Money Order Company of New York, Inc. to MEMO Financial Services New York, Inc.

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.


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

April 21, 2014 (BR-MBD)
Applicant(s)
James Savoca
As: AmerReverse Mortgage Corporation
1123 Old Town Road, Coram, NY 11727 3730


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

From:
April 09, 2014 (MB-MBD)
Applicant(s)
Francis Xavier Lamparello
Joni Lamparello
Salvatore Cefalu
Frank Dennis Porco
Bentley Family Funding, LLC
As: MLB Residential Lending, LLC
merce Street, Suite 101, Springfield, NJ 07081 3014

To:
April 09, 2014 (MB-MBD)
Applicant(s)
Francis Xavier Lamparello
Joni Lamparello
Salvatore Cefalu
Frank Dennis Porco
Bentley Family Funding, LLC
As: MLB Residential Lending, LLC
51 Commerce Street, Suite 101, Springfield, NJ 07081 3014


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

April 23, 2014 (BR-MBD)
Full Service Branch

Genpact Mortgage Services, Inc.
3101 E. President George Bush Hwy. Suite #200, Richardson, TX 75082


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

April 23, 2014 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
4777 Vestal Parkway East, Suite #4, Vestal, NY 13850

April 23, 2014 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
7122 Seminole Boulevard, Seminole, FL 33772

April 23, 2014 (MB-MBD)
Full Service Branch
Mortgage Master, Inc.
29 Locust Avenue, Suite #101, Rye, NY 10580


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:

April 21, 2014 (BR-MBD)
Applicant(s)
Giacomo M. Di Piazza
To acquire interest in:
Bond Street Mortgage, LLC
95 Route 17 South, Suite 302, Paramus, NJ 07652 2648


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

June 18, 2013

475967

Brent James Maxinoski

Laguna Niguel

CA

July 30, 2013

87727

Yousef A Totah

Ladera Ranch

CA

September 23, 2013

20352

Sheetal Sawhney

Guttenberg

NJ

October 9, 2013

287041

Roya Nasr

Corona Del Mar

CA

October 10, 2013

198611

Louis James Charles

Rutherford

NJ

October 11, 2013

372291

Jordan Spaulding Allender

Brentwood

TN

November 25, 2013

35379

Christopher M Rand

West Haverstraw

NY

December 12, 2013

18526

Joao P Bernardes

Mineola

NY

January 8, 2014

70689

Edward Donald Kramer

Rochester

NY

January 10, 2014

67937

Gerard Patrick Hunter

Atlantic Highlands

NJ

January 17, 2014

362465

Amy L Flores

Bellmore

NY

January 17, 2014

75997

Brian Anthony Bacchus

Dix Hills

NY

January 17, 2014

819131

Cynthia Synan

Miller Place

NY

January 31, 2014

1036094

Lishkar  Singh

North Brunswick

NJ

February 18, 2014

22189

Brian  Farley

Provinetown

MA

March 1, 2014

204817

Kevin Lacatena

Sparta

NJ

March 3, 2014

67549

David P Ciaudelli

Woodcliff Lake

NJ

March 7, 2014

460209

Francis K Lay

Allentown

NJ

March 12, 2014

186006

Jose Manuel Valencia

Corona

CA

March 21, 2014

697521

Daniel A Lusignan

Chester

NY

March 25, 2014

66682

Robert Larry Teisch

Locust Valley

NY

March 25, 2014

1161593

Timothy Matthew Overshiner

Columbia

MO

March 25, 2014

1159735

Adnan Mohamad Dabaja

Dearborn

MI

March 25, 2014

201533

Zachary Marshall Emdee

Louisville

KY

March 25, 2014

481564

Richard C Murphy

Ballston Spa

NY

March 25, 2014

187517

Geri Marie Carlyon

Columbia

MO

March 25, 2014

1123730

Eileen M Harvey

Hicksville

NY

March 25, 2014

859243

Christopher John Finley

Louisville

KY

March 25, 2014

1117698

Jonathan Scott Ware

Redford

MI

March 26, 2014

1149258

Daniel Lee Henderson

Detroit

MI

March 26, 2014

1061400

Melissa Renee Seboldt

Columbia

MO

March 27, 2014

1000911

Nicholas Michael Kundert

Columbia

MO


SECTION II

April 14, 2014 (CB-FWB)
BPD BANK
90 Broad Street, New York, NY 10004

Application for merger with and into the non-bank affiliate Grupo Popular Investments Corporation, effective March 31, 2014, approved pursuant to Banking Law Section 601-b.                           


April 18, 2014 (TM-LFS)
REMITLY, INC
1601 2nd Avenue, Suite 700, Seattle, WA 98101.

Notification of a change of office location from 1725 Westlake Ave. N., Suite 105, Seattle, WA 98109 to 1601 2nd Avenue, Suite 700, Seattle, WA 98101 was approved.

In connection with the notification for the above change of office location, the money transmitter license for 1725 Westlake Ave. N., Suite 105, Seattle, WA 98109 was surrendered.


April 21, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Authorizations granting permission to open and occupy branch offices at the following seven locations, surrendered for cancellation:

  1. Tops Markets Inc., 352 West Genesee Street, Auburn, Cayuga County, NY 13021;
  2. 2 Miron Lane, Town of Ulster, Ulster County, NY 12401;
  3. 4552 Edmondson Avenue, Baltimore, MD 21229;
  4. 3700 Donnell Drive, Forestville, Prince George’s County, MD 20747;
  5. Shoppers Food & Pharmacy, 8048 Ritchie Highway, Pasadena, Anne Arundel County, MD 21122;
  6. Shoppers Food & Pharmacy, 8212 Liberty Road, Baltimore, Baltimore County, MD 21244; and
  7. Shoppers Food & Pharmacy, 7858 Quarterfield Road, Severn, Anne Arundel County, MD 21144.

Offices discontinued as of April 11, 2014.


April 22, 2014 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901

Approval given to change the location of branch office from 1375 Washington Avenue, Albany, Albany County, NY 12206 to 132 State Street, Albany, Albany County, NY 12207, on or after April 23, 2014.


April 24, 2014 (SF-LFS)
ALLY FINANCIAL INC
200 Renaissance Center Mail Code: 482-B09-C24, Detroit, MI 48265

License rider issued to reflect a change of location from 12850 West Gran Bay Parkway # 100, Duval County, Jacksonville, FL 32258 to 7159 Corklan Drive # 200, Duval County, Jacksonville, FL 32258.


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

April 22, 2014 (MB-MBD)
Full Service Branch
Equity Home Capital LLC In Lieu of True Name Equity Loans, LLC
720 King Georges Post Rd., Ste. 108 Woodbridge Twp, Fords, NJ 08863
Effective Date: April 21, 2014


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.

April 22, 2014 (BR-MBD)
Residential Capital Corp.
635 Walton Avenue, Room 1, Bronx, NY 10451

April 22, 2014 (BR-MBD)
Saparn Realty Inc
505 Eighth Avenue, Suite 1802, New York, NY 10018 6556

April 22, 2014 (BR-MBD)
Benzion Blum
1454 45th Street, Brooklyn, NY 11219 2243

April 22, 2014 (BR-MBD)
First Rochester Mortgage Corp. D/B/A Uni-Source Funding
Additional DBA(S): Uni-Source Funding
Centerpointe Mortgage
eastcap mortgage
2024 West Henrietta Road, Suite 2A, Rochester, NY 14623
Branch Offices:
130 Allens Creek Road, Rochester, NY 14618
919 Winton Road South, Suite 210, Rochester, NY 14618

April 22, 2014 (BR-MBD)
Mega Services Corp.
1202 Route 9 South, Howell, NJ 07731

April 22, 2014 (BR-MBD)
Mortgage Security, Inc.
31 Teaticket Highway, Suite 2-7, East Falmouth, MA 02536

April 22, 2014 (BR-MBD)
Territory Mortgage, Inc.
7635 Main Street, Fishers P.O. Box 753, Fishers, NY 14453

April 22, 2014 (BR-MBD)
Yes Funding Corp.
1600 Calebs Path Extension, Suite 117, Hauppauge, NY 11788

April 22, 2014 (BR-MBD)
Nicholas Palumbo DBA The Money Express
52 Harrigan Road, Hopewell Junction, NY 12533

April 22, 2014 (BR-MBD)
Right Trac Financial Group, Inc.
110 Main Street, Manchester, CT 06042
Branch Offices:
950 New Loudon Road, Suite 230, Latham, NY 12110

April 22, 2014 (BR-MBD)
United Mortgage Group, Inc.
54C Sunnyside Boulevard, Plainview, NY 11803
Branch Offices:
681 Bryant Street, East Meadow, NY 11554

April 22, 2014 (BR-MBD)
Directcash Mortgage Services, Inc.
2730 Claudia Court, Bellmore, NY 11710

April 22, 2014 (BR-MBD)
Centex Capital Corp. D/B/A World One Financial
125-10 Queens Boulevard, Suite 315, Kew Gardens, NY 11415 1506

April 22, 2014 (BR-MBD)
Seenarine Establishment Corp.
111-23 132nd Street, 2nd Floor, South Ozone Park, NY 11420

April 22, 2014 (BR-MBD)
Anatoliy Mikhaylov Mortgage Choice, Inc.
99-53 65th Avenue, Rego Park, NY 11374 3652

April 22, 2014 (BR-MBD)
U.M. Services In Lieu of True Name United Mortgage Services, L.L.C.
270 Sylvan Avenue, Suite L130, Englewood Cliffs, NJ 07632

April 22, 2014 (BR-MBD)
Union Home Funding Corp.
8 Memorial Highway, New Rochelle, NY 10801 6308

April 22, 2014 (BR-MBD)
Dalco Financial Services Inc.
120 Stevens Avenue, Mount Vernon, NY 10550 2605

April 22, 2014 (BR-MBD)
The Rudd Group, Ltd.
641 Lexington Avenue, 10th Floor, New York, NY 10022

April 22, 2014 (BR-MBD)
UBS Financial Services Inc.
1000 Harbor Boulevard, 7th Floor, Weehawken, NJ 07086
Branch Offices:

80 State Street, Suite 800, 8th Floor, Albany, NY 12207
1 HSBC Center, Suite 3737, Buffalo, NY 14203
One Broad St. Plaza, 2nd Floor, Glens Falls, NY 12801
225 Broadhollow Road, Suite 400, Melville, NY 11747
333 Earle Ovington Blvd., Ste. 600, Mitchell Field, NY 11553
200 Park Avenue, 30th Floor, New York, NY 10166
1251 Avenue of the Americas, 2nd Fl., New York, NY 10020
1285 Avenue of the Americas, 17th Fl., New York, NY 10019
1285 Avenue of the Americas, 19th floor, New York, NY 10019
590 Madison Avenue, 23rd Floor, New York, NY 10022
299 Park Avenue, 11th Floor, New York, NY 10171
299 Park Avenue, 25th Floor, New York, NY 10171
299 Park Avenue, 26th floor, New York, NY 10171
100 Mariners Way, Port Jefferson, NY 11777
400 Linden Oaks Office Park, Rochester, NY 14625
8 Main Street, Southampton, NY 11968
440 S. Warren St., 6th Fl., The Galleries, Syracuse, NY 13202
709 Westchester Avenue, 4th Floor, White Plains, NY 10604
6390 Main Street, Village Park Business Center, Williamsville, NY 14221
101 Park Avenue, 15th floor, New York, NY 10178
201 West 3rd Street, Jamestown, NY 14701

April 22, 2014 (BR-MBD)
Mortgage Direct Inc.
506W RXR Plaza, 5th Floor, Uniondale, NY 11556

April 22, 2014 (BR-MBD)
Ace Home Funding Corp.
466 Maple Avenue, Westbury, NY 11590 3465

April 22, 2014 (BR-MBD)
Efficiency Funding LLC
3017 Beverly Road, Brooklyn, NY 11226

April 22, 2014 (BR-MBD)
Premier Residential Mortgage Corporation
795 Broadway, Suite 5, Newburgh, NY 12550

April 22, 2014 (BR-MBD)
Homequest Mortgage & Financial Services Corp.
250 Fulton Avenue, Suite 420, Hempstead, NY 11550

April 22, 2014 (BR-MBD)
Randal L. Miller d/b/a Atlantic Security Financial
3 Captain Richards Lane, Northport, NY 11768 2401

April 22, 2014 (BR-MBD)
Noble Mortgage, Inc.
2298 First Avenue, 2nd Floor, New York, NY 10035

April 22, 2014 (BR-MBD)
Lynn Nunes D/B/A Network Funding
115-13 Jamaica Avenue, Richmond Hill, NY 11418 2430

April 22, 2014 (BR-MBD)
LeadPoint, Inc. D/B/A Secure Rights
11661 San Vicente Boulevard, Suite 600, Los Angeles, CA 90049 5114

April 22, 2014 (BR-MBD)
First Community Resources, Inc.
74-09 37th Avenue, Suite 415, Jackson Heights, NY 11372

April 22, 2014 (BR-MBD)
Capital City Home Mortgage Corp.
1000 Rutland Road, Brooklyn, NY 11212 2202

April 22, 2014 (BR-MBD)
Louviers Mortgage Corporation
167 East Central Avenue, Pearl River, NY 10965 2543

April 22, 2014 (BR-MBD)
Fidelity Streamline Mortgage In Lieu of True Name Fidelity Mortgage Co., Inc.
17 Route 37 East, Toms River, NJ 08753

April 22, 2014 (BR-MBD)
Money Market Mortgage, LLC
1343 Sullivan Avenue, 2nd Floor, South Windsor, CT 07074 2714

April 22, 2014 (BR-MBD)
Manny M. Zevallos D/B/A MZ Capital
3130 Brighton 6th Street, 1E, Brooklyn, NY 11235

April 22, 2014 (BR-MBD)
Fair Home Enterprise Inc.
168-08 35th Avenue, Flushing, NY 11358 1735

April 22, 2014 (BR-MBD)
Tychor Mortgage Enterprises, Inc.
333 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632 2705

April 22, 2014 (BR-MBD)
Mortgage Links Inc.
2043 Richmond Avenue, Staten Island, NY 10314 3900

April 22, 2014 (BR-MBD)
JD Financial Services, Inc. D/B/A JS Mechanic Services
850 NW Federal Highway, Suite 177, Stuart, FL 34994 1019
Branch Offices:
6281 Woodhaven Boulevard, Suite 1A, Rego Park, NY 11734

April 22, 2014 (BR-MBD)
Seckel Capital LLC
642 Newtown Yardley Road, Suite 220, Newtown, PA 18940 1775

April 22, 2014 (BR-MBD)
Lockarate, Inc.
3183-E Airway Avenue, Costa Mesa, CA 92626 4611


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

April 23, 2014 (BR-MBD)
JD Financial Services, Inc. D/B/A JS Mechanic Services
850 NW Federal Highway, Suite 177, Stuart, FL 34994 1019
Branch Offices:
6281 Woodhaven Boulevard, Suite 1A, Rego Park, NY 11734


Mortgage Broker Certificate Address Changes:

April 18, 2014 (BR-MBD)
Empower Mortgage, L.L.C.
From: 11 Computer Drive West, Suite 214, Albany, NY 12205
To: 1218 Central Avenue, Suite 2, Albany, NY 12205

April 22, 2014 (BR-MBD)
Charles Martin Mortgage L.L.C.
From: 42 Broad Street, Suite 2W, Red Bank, NJ 07701
To: 101 Tyrellan Avenue, Suite 220, Staten Island, NY 10309 2651

April 23, 2014 (BR-MBD)
Quintessential Mortgage Group, Inc.
From: 47 Mamaroneck Avenue, White Plains, NY 10601
To: 399 Knollwood Road, Suite 320, White Plains, NY 10603 1931


Mortgage Banker License Address Changes:

April 22, 2014 (MB-MBD)
United Mortgage Corp. UAN NY Finest Funding
Additional DBA(S): United Global Group
From: 510 Broadhollow Road, Suite 202, Melville, NY 11747
To: 25 Melville Park Road, Suite 100, Melville, NY 11747 3156


Mortgage Broker Branch Certificate Address Changes:

April 18, 2014 (BR-MBD)
Neighborhood Assistance Corporation of America
From: 1094 Hertel Avenue, Buffalo, NY 14216
To: 135 Delaware Avenue, Suite 102, Buffalo, NY 14202


Mortgage Banker Branch License Address Changes:

April 18, 2014 (MB-MBD)
Freedom Mortgage Corporation d/b/a Jefferson Home Mortgage and Loan
From: 21 Corporate Drive, Suite 210, Clifton Park, NY 12065
To: 21 Corporate Drive, Suite 106, Clifton Park, NY 12065

April 18, 2014 (MB-MBD)
Mortgage Master, Inc.
From: 2150 Route 35 PMB, Sea Girt, NJ 08750
To: 1433 Highway 34, Unit A-2, Wall Township, NJ 07719

April 22, 2014 (MB-MBD)
Residential Home Funding Corp. D/B/A RHF Wholesale
From: 99 First Street, 2nd Floor, Clifton, NJ 07011
To: 7515 Bergenline Avenue, 1st Floor, North Bergen, NJ 07047


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

April 17, 2014

92587

Michael  Boyle

Knightdale

NC

Seterus, Inc.

April 18, 2014

68075

Robert J Campbell

Clifton Park

NY

1st Priority Mortgage, Inc.