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New York State Department of Financial Services

Banking Division
Weekly Bulletin

May 16, 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

May 7, 2014 (CC-LFS)
SUBWAY CHECK CASHING SERVICE, INC.
980 Intervale Avenue, Corona, NY 10459

An application was received to change the location of doing business as a licensed casher of checks to 1012 Garrison Avenue, Bronx, NY 10474 from 896 Hunts Point Avenue, Bronx, NY 10459.

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 submitted in writing, within 10 business days, by May 23, 2014


May 2, 2014 (TM-LFS)
CASA DE CAMBIO DELGADO INC.
79-08 Roosevelt Avenue, Jackson Heights, NY 11372

Notification received of a name change from Casa de Cambio Delgado, Inc. to Delgado Travel II Corp.

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.


May 12, 2014 (TM-LFS)
SENTINEL BIDCO LIMITED
c/o Saltgate Limited, Forum 3, Solent Business Park
Whiteley, Fareham Hampshire P015 7FH, United Kingdom

Application received for a 100% change of control of Skrill USA, Inc. located at 61 Broadway Suite 1603, New York, NY 10006. 

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.

May 12, 2014 (MI-CRB)
SUSSEX BANK
399 Route 23, Franklin, NJ 07416

Application dated May 8, 2014, for permission to open and occupy a branch office at 28-21 Astoria Boulevard, Astoria, Borough of Queens, City of New York 11102, received.

May 12, 2014 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Notices of intention to establish electronic facilities (automated teller machines) at the following three locations, received:
(1)  NOCO Express, 1241 Route 31, Town of Macedon, Wayne County, NY 14502;
(2)  NOCO Express, 2339 Route 63, Town of Wayland, Steuben County, NY 14572; and
(3)  NOCO Express, 1137 Elmwood Avenue, Buffalo, Erie County, NY 14222.


May 13, 2014 (BP-LFS)
CONSUMER CREDIT COUNSELING SERVICE OF GREATER ATLANTA, INC. D/B/A CREDABILITY
270 Peachtree Street NW, Atlanta, Fulton County, GA 30303

A notification was received for a change of name

To:  Consumer Credit Counseling Service of Greater Atlanta, Inc. d/b/a ClearPoint Consumer Credit Solutions

From:    Consumer Credit Counseling Service of Greater Atlanta, Inc. d/b/a CredAbility

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.

May 13, 2014 (TR-CRB)
HABIB AMERICAN BANK
99 Madison Avenue, New York, NY  10016

Approval given to change temporarily the location of branch office from 74-05/07 37th Avenue, Jackson Heights, Borough of Queens, City of New York 11372 to 74‑22 37th Avenue, Jackson Heights, Borough of Queens, City of New York 11372, on or after May 13, 2014. (Limited services will be provided at the temporary location.)


May 14, 2014 (BP-LFS)
GRENPATH, INC., D/B/A GREENPATH DEBT SOLUTIONS 36500 Corporate Drive,
Farmington Hills, Oakland County, MI 48331

An application was received for a license to operate a budget planner branch office at 6851 Citizens Parkway, San Antonio, Bexar County, Texas 78229.

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


May 16, 2014 (TR-CRB)
SUFFOLK TRUST COMPANY
3880 Veterans Memorial Highway, Bohemia, NY 11716

Application for exemption from the deposit insurance requirements of Section 32 of the Banking Law received.


May 16, 2014 (TR-CRB)
SUFFOLK TRUST COMPANY
3880 Veterans Memorial Highway, Bohemia, NY 11716
Organization Certificate received.
Incorporators

Howard C. Bluver, Port Washington, NY

Frank Filipo, Medford, NY

Brian K. Finneran, Garden City, NY

James J. Gribbin, Jr., Melville, NY

Jeanne P. Kelley, Mattituck, NY

Patricia M. Schaubeck, Southold, NY

Linda Schwartz, Mt. Sinai, NY

The comment period expires on June 16, 2014.


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

May 14, 2014 (BR-MBD)
Full Service Branch
Canyon Mortgage Corp.
40-42 Main Street, Suite 2A, Flushing, NY 11354

May 14, 2014 (BR-MBD)
Full Service Branch
Upstate Premier Mortgage, Inc.
3313 Chili Avenue, Suite C, Rochester, NY 14624


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

May 14, 2014 (MB-MBD)
Full Service Branch
Nationstar Mortgage LLC D/B/A Champion Mortgage Company
18200 Von Karman Avenue, Suite 300, Irvine, CA 92612

May 14, 2014 (MB-MBD)
Full Service Branch
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
1989 Route 52, Suite 1A, East Fishkill, NY 12533

May 14, 2014 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
96 East Avenue, Suite 1, Norwalk, CT 06851

May 14, 2014 (MB-MBD)
Full Service Branch
MCS Mortgage Bankers, Inc. DBA Wholesale Direct
24 Great Neck Road, Suite 24C, Great Neck, NY 11021

May 14, 2014 (MB-MBD)
Full Service Branch
Intercontinental Capital Group, Inc.
333 SE 2nd Avenue, Suite 2000, Office 2049, Miami, FL 33131


Application to establish a Mortgage Loan Servicer’s Branch received for examination:

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
4131 North Central Expressway, Suite 445, Dallas, TX  75204

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
518 Seventeenth Street, Suite 600, Denver, CO  80202

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
526 Superior Avenue East, Suite 320, Cleveland, OH  44114

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
1839 South Alma School Road, Suite 310, Mesa, AZ  85210

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
25 East Washington Street, Suite 1835, Chicago, IL  60602

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
1750 112th Avenue NE, Suite D-259, Bellevue, WA  98004

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
440 South Church Street, Suite 820, Charlotte, NC  28202

May 14, 2014 (MLS-MBD)
Full Service Branch
Provident Funding Associates, LP
11845 West Olympic Boulevard, Suite 1270W, Los Angeles, CA  90064


Mortgage Broker Certificate Name Change Received:

May 08, 2014 (BR-MBD)
From: Prospect Mortgage Group, Inc.

To: Pearson Mortgage Group, Inc.

Mortgage Banker License Name Change Received:

May 14, 2014 (MB-MBD)
From: MCS Mortgage Bankers, Inc. DBA Wholesale Direct

To: MCS Mortgage Bankers, Inc. DBA Wholesale Direct
Additional DBA(s) Blu Lending, NYC


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 13, 2013

344709

Gurpreet Singh Pahwa

Lakewood

CA

August 23, 2013

168156

Matthew James Schelic

Nashville

TN

September 5, 2013

180242

Jason Guy Borrelli

Cherry Hill

NJ

October 28, 2013

152827

Michael Fienberg

Rockville

MD

December 9, 2013

10872

Ghias U Bhuiyan

Lake Success

NY

December 17, 2013

545181

Florence Nancy Dennis

Aurora

CO

January 5, 2014

983442

Gregory Brian Burke

Waterbury

CT

January 8, 2014

175695

Stan  Brinzensky

Brooklyn

NY

January 10, 2014

66240

Leo W Kane

Latham

NY

January 16, 2014

1136418

Daniel  Costello

Franklin Square

NY

January 28, 2014

1110498

Stephen Patrick Breen

Scarsdale

NY

January 29, 2014

28602

Peter  Atkinson

Schenectady

NY

February 26, 2014

67884

Eileen  Daly

Weston

FL

February 26, 2014

67884

Eileen  Daly

Levittown

NY

March 13, 2014

931329

John Harry Collingsworth

Nottingham

MD

March 18, 2014

1135611

Edward E Perciballi

Babylon

NY

March 25, 2014

248426

William F Chase

Fort Salonga

NY


SECTION II

May 6, 2014 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

License to engage in business as casher of checks at the branch located at 713 Church Avenue, Brooklyn, NY 11218 was surrendered.

May 8, 2014 (CC-LFS)
CASHZONE FINANCIAL SERVICES, INC.
99 Park Avenue, 4th Floor, New York, NY 10016-1601
Licenses to engage in business as casher of checks were surrendered for the following locations:

  • 35-52 31st Street, Astoria, NY 11106
  • 59 West 8th Street, New York, NY 10011
  • 3813 Dyre Avenue, Bronx, NY 10466

May 9, 2014 (CC-LFS)
OLIVER C. GLASS, JR. d/b/a/ OLIVER C. GLASS, JR. CHECK CASHING
539 Lenox Avenue, New York, NY 10037

The Superintendent issued an Order of Suspension against Oliver C. Glass, Jr. d/b/a Oliver C. Glass, Jr. Check Cashing, pursuant to Section 373(2) of the Banking Law Commencing on May 9, 2014. All licenses to engage in the business of casher of checks that were issued in the name of Oliver C. Glass, Jr. d/b/a Oliver C. Glass, Jr. Check Cashing are suspended for a period not to exceed 90 days.


May 13, 2014 (BP-LFS)
GREENPATH, INC
36500 Corporate Drive, Farmington Hills, MI 48331

Two riders were issued in connection with the relocation of 2 licensed branch offices:

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

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


May 13, 2014 (CC-LFS)
RITE CHECK CASHING, INC.
715 East 138th Street, Bronx, NY 10454

A license was issued to change the location of doing business as a licensed casher of checks to 2553 Frederick Douglas Boulevard, New York, NY 10030 from 2602-4 Eighth Avenue, New York, NY 10030.

In connection with the above license issuance, the original casher of checks license for 2602-4 Eighth Avenue, New York, NY 10030 was surrendered.

May 14, 2014 (CC-LFS)
WINK CHECK CASHING CORP.
499-A South Broadway, Yonkers, NY 10705

License to engage in business as casher of checks for the location at 148 West 1st Street, Mount Vernon, NY 10550 was surrendered.


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

May 13, 2014 (BR-MBD)
Pro Lending Source LLC D/B/A The Mortgage House
300 International Drive, Suite 100, Williamsville, NY 14221 5783

May 13, 2014 (BR-MBD)
Keystone Funding Inc.
206 West State Street, Suite 200, Media, PA 19063 3113


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

May 14, 2014 (BR-MBD)
Full Service Branch
JD Financial Services, Inc. D/B/A JS Mechanic Services
6281 Woodhaven Boulevard, Suite 1A, Rego Park, NY 11734
Effective Date: May 13, 2014


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

May 13, 2014 (MB-MBD)
Full Service Branch
M.T.G. Capital In Lieu of True Name Mortgage Capital Associates, Inc.
218 Schanck Road, Freehold, NJ 07728
Effective Date: May 08, 2014


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

May 09, 2014 (BR-MBD)
Lockarate, Inc.
3183-E Airway Avenue, Costa Mesa, CA 92626 4611


Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:

May 13, 2014 (BR-MBD)
Insignia Mortgage Group, Inc.
888 Veterans Memorial Highway, Suite 405, Hauppauge, NY 11788 3082
Effective Date: May 13, 2014


Mortgage Broker Certificate Name Changes:

May 12, 2014 (BR-MBD)
From: MDE Funding Limited Liability Company In Lieu of True Name
MDE Home Loans Limited Liability Company

To: MDE Funding, LLC
In Lieu of True Name MDE Home Loans, LLC


Mortgage Banker License Name Changes:

May 12, 2014 (MB-MBD)
From: Real Estate Mortgage Network, Inc. D/B/A Menlo Park Funding

To: Homebridge Financial Services, Inc. DBA Menlo Park Funding

May 12, 2014 (MB-MBD)
From: Jet Direct Funding Corp. D/B/A Jet Direct Mortgage

To: Jet Direct Funding Corp. D/B/A Jet Direct Mortgage

Additional DBA(S): Senior Reverse Network

Mortgage Broker Certificate Address Changes:

May 13, 2014 (BR-MBD)
Castle Rock Mortgage, Inc.
From: 150 Broadhollow Road, Suite 111, Melville, NY 11747
To: 48 Sheryl Crescent, Smithtown, NY 11787 1336

May 13, 2014 (BR-MBD)
Great Northern Mortgage Corp.
From: 17 West 24th Street, Suite 100, New York, NY 10010
To: 1430 Broadway, Suite 1207, New York, NY 10018 3512

May 13, 2014 (BR-MBD)
The Mortgage Place, Inc.
From: 634 Plank Road, Suite 102, Clifton Park, NY 12065
To: 646 Plank Road, Suite 102, Clifton Park, NY 12065 2081


Mortgage Broker Branch Certificate Address Changes:

May 13, 2014 (BR-MBD)
Hudson United Mortgage LLC
From: 2 Corporate Drive, Suite 201, Central Valley, NY 10917
To: 229 Route 32, Suite 100, Central Valley, NY 10917


Mortgage Banker Branch License Address Changes:

May 09, 2014 (MB-MBD)
Luxury Mortgage Corp.
From: 52 Forest Avenue, Suite 213A, Paramus, NJ 07652
To: 28 West Grand Avenue, Suite 17, Montvale, NJ 07645

May 13, 2014 (MB-MBD)
Luxury Mortgage Corp.
From: 990 Stewart Avenue, Suite 130, Garden City, NY 11530
To: 990 Stewart Avenue, Suite 225, Garden City, NY 11530

May 13, 2014 (MB-MBD)
Residential Home Funding Corp. D/B/A RHF Wholesale
From: 1787 Sentry Parkway West, Building 18, Suite 130, Blue Bell, PA 19422
To: 66 Commack Road, Suite 300, Commack, NY 11725

May 14, 2014 (MB-MBD)
Vanguard Funding LLC
From: 140 Broadway, 46th Floor, Suite 4616, New York, NY 10005
To: 75 Maiden Lane, 12th Floor, New York, NY 10038

May 14, 2014 (MB-MBD)
Mortgage Research Center, LLC D/B/A VAMortgageCenter
From: 4603 John Garry Drive, Suite 5, Columbia, MO 65203
To: 3212A Lemone Industrial Boulevard, Columbia, MO 65201


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:

May 13, 2014 (MB-MBD)
Applicant(s)
Tiptree Operating Company, LLC
To acquire interest in:
Luxury Mortgage Corp.
Four Landmark Square, Suite 300, Stamford, CT 06901 2518


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 violations of Section 597 of the New York Banking Law, and Part 410.8(b) of the Superintendent's Regulations for failure to file the Volume Of Operation Report (VOOR) for the 2012 Calendar year. The Settlement Agreement, terms and conditions include a fine of $5,000.

May 12, 2014 (BR-MBD)
Northeast Processing, LLC
16 Rosio Lane, Modena, NY 12548-5220


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

May 7, 2014

923616

Michael Antero Alhava

Forest Hills

NY

Vanguard Funding LLC

May 7, 2014

956277

Ashley Tinei De-Soza

Irving

TX

loanDepot.com, LLC

May 8, 2014

66168

Paul A Padovani

Somers

NY

Warshaw Capital, LLC


The following application published in Weekly Bulletin dated April 18, 2014 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

December 16, 2013

48971

Ann Marie Adams

Ballston Spa

NY



 

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