Skip to Content

New York State Department of Financial Services

Banking Division
Weekly Bulletin

August 29, 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

August 13, 2014 (TR-CRB)
ESL TRUST SERVICES, LLC
225 Chestnut Street, Rochester, NY  14604

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


August 14, 2014 (SF-LFS)
MICHAEL R. JORDAN
150 River Road, Unit G-3A, Montville, NJ 07045-8921

Application received for Michael R. Jordan to acquire 10% of Palisades Funding Corporation, a licensed New York State sales finance company with headquarters located at 150 River Road, Unit G-3A, Montville, Morris County, NJ 07045-8921.

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.


August 19, 2014 (SF-LFS)
KUBOTA CREDIT CORPORATION USA
3401  Del Amo Blvd. Torrance, Los Angeles County, CA 90503-1636

Notification received for a change of branch office location from 1025 Northbrook Parkway, Suwanee, Gwinnett County, GA 30096 to 4400  Amon Carter Boulevard, Fort Worth, Tarrant County, TX 76155.

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


August 20, 2014 (MI-CRB)
BEACON TRUST COMPANY
163 Madison Avenue, Morristown, NJ 07960

Pursuant to the provisions of Section 131(4) of the Banking Law, notice to the Superintendent of Financial Services of intention to establish and maintain a trust office at 3880 Veterans Memorial Highway, Bohemia, Town of Islip, Suffolk County, NY 11716, 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 amended to read as follows:

From:
August 15, 2014 (MB-MBD)
Applicant(s)
Thomas L. VanDyk
Jeanie M. Nixon
Charles J. Sundstrom
Justin J. McDowell
James S. Beebe, Esq.
Lora L. Ball
Jane G. Kolocotrones
Jonathan F. Barnes
Patricia A. Lacey
As: Van Dyk Mortgage Corporation
2449 Camelot Court SE, Grand Rapids, MI 49546 6001

To:
August 15, 2014 (MB-MBD)
Applicant(s)
Thomas L. VanDyk
Jeanie M. Nivison
Charles J. Sundstrom
Justin J. McDowell
James S. Beebe, Esq.
Lora L. Ball
Jane G. Kolocotrones
Jonathan F. Barnes
Patricia A. Lacey
As: Van Dyk Mortgage Corporation
2449 Camelot Court SE, Grand Rapids, MI 49546 6001


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

August 22, 2014 (BR-MBD)
Full Service Branch
Neighborhood Assistance Corporation of America
4425 West 63rd Street, Suite #204, Chicago, IL 60629


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

August 22, 2014 (MB-MBD)
Full Service Branch
Embrace Home Loans, Inc.
100 Corporate Place, Suite #204, Rocky Hill, CT 06067

August 22, 2014 (MB-MBD)
Full Service Branch
Greenway Mortgage Funding Corp.
204 Route 71, Unit #C-1, Spring Lake Heights, NJ 07762

August 22, 2014 (MB-MBD)
Full Service Branch
PrimeLending, A PlainsCapital Company
18111 Preston Road, Suite #500, Dallas, TX 75252


Mortgage Banker License Name Change Received:

August 27, 2014 (MB-MBD)
From: MHM Mortgage In Lieu of True Name Millenium Home Mortgage, LLC
To: Millenium Home Mortgage, LLC


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

April 10, 2012

303886

Charles Andrew Patrick

Lee'S Summit

MO

March 13, 2014

24622

Richard James Johnson

Coto de Caza

CA

April 3, 2014

1159961

William Raymond Mirch

Riley

MI

April 7, 2014

1145869

Eric Matthew Ward

Rockfall

CT

May 7, 2014

463504

John Travis Vollmerhausen

Silver Spring

MD

May 19, 2014

840713

Gary Lee Gordon

Springfield

PA

May 29, 2014

1152020

Derek Michael Gussaroff

Huntington

NY

May 30, 2014

1186866

Richard William Moellering

Harper Woods

MI

June 2, 2014

920777

Juan Jose Morales

Santa Ana

CA

June 2, 2014

1186966

James Thomas Fagan

Sterling Heights

MI

June 11, 2014

928423

David J Dorn

New York

NY

June 13, 2014

1199620

Michael Joseph Peters

Glen Rock

NJ

June 17, 2014

1075382

Manu  Mago

Baldwin

NY

June 19, 2014

240869

Stephen Joseph Sacco

New York

NY

June 20, 2014

290317

Dawn Debra Bestafka

San Juan Capistrano

CA

June 20, 2014

922891

Paul  Marzolla

Fort Lee

NJ

July 23, 2014

1035393

Scott Evan Schwaber

Huntington

NY

July 24, 2014

808032

Carol Denise Duncan

Rancho Santa Margarita

CA

July 29, 2014

1180032

Alorah May Brady

Lowville

NY

July 29, 2014

1188888

Jonathan Marc Schubert

Plainview

NY

August 4, 2014

205711

Brad Jeffrey Miller

Bensalem

PA

August 5, 2014

22182

Kristine  Mcmahon-Pitts

Mooresville

NC

August 5, 2014

1025866

Charles Hoffman Peelle

Indianapolis

IN

August 5, 2014

980913

Ricky Dean Stearman

La Habra

CA

August 5, 2014

877226

Derek Charles Shayne

Irvine

CA

August 6, 2014

1187163

Korrie Noelle Iverson

Hallsville

MO

August 7, 2014

363105

Craig L Hawkins

Newport Beach

CA

August 7, 2014

20501

Guillermo  Merino

Irvine

CA

August 8, 2014

1117174

Eric Matthew Campbell

Taylor

MI

August 8, 2014

1097343

Alexander Joseph Nunez

Livonia

MI

August 8, 2014

984972

Brittani Thao Tran

Anaheim

CA

August 8, 2014

1107550

Ryan Anthony Waggoner

Plymouth

MI

August 9, 2014

921362

Eric Aaron Sandrow

Flemington

NJ


SECTION II

August 22, 2014 (BK-CRB)
TIOGA STATE BANK
1 Main Street, Spencer, NY 14883

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at the South Hills Business Campus, 950 Danby Road (Suite #100-B), Town of Ithaca, Tompkins County, NY 14850.
___________________________________________________________________________

August 26, 2014 (MI-CRB)
SQUARE 1 BANK
406 Blackwell Street, Durham, NC  27701

Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 500 Fifth Avenue (46th Floor), Borough of Manhattan, City of New York 10110 to 475 Fifth Avenue (18th Floor), Borough of Manhattan, City of New York 10017, effective September 2, 2014.
___________________________________________________________________________

August 27, 2014 (BP-LFS)
COMMUNITY CREDIT COUNSELING CORP.
3455 Route 66, Neptune, NJ, Monmouth County, NJ 07753

A rider was issued in connection with the relocation of a main office:

From:    3301C Route 66, Neptune, Monmouth County, NJ 07753              

To:        3455 Route 66, Neptune, NJ, Monmouth County, NJ 07753


August 27, 2014 (BP-LFS)
COMMUNITY CREDIT COUNSELING CORP. 
3455 Route 66, Neptune, NJ, Monmouth County, NJ 07753

A rider was issued in connection with the relocation of a main office:

From:    225 Willowbrook Road, Freehold, Monmouth County, NJ 07728

To:        200 U.S. Highway 9, Manalapan, Monmouth County, NJ 07726.


August 27, 2014 (MI-CRB)
BEACON TRUST COMPANY
163 Madison Avenue, Morristown, NJ 07960

Notification received of the closing of a trust office at 330 Madison Avenue (6th Floor), Borough of Manhattan, City of New York 10017, effective October 31, 2010.


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

August 27, 2014 (BR-MBD)
Full Service Branch
Digital Risk Mortgage Services, LLC
5011 Gate Parkway, Building 200, Suite 220, Jacksonville, FL 32256


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

August 25, 2014 (MB-MBD)
Full Service Branch
Home Town Funding, Inc. D/B/A CNB Mortgage Company
72 South Main Street, Canandaigua, NY 14424


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

August 21, 2014 (BR-MBD)
A & F Capital, Inc.
112-10 Springfield Boulevard, Queens Village, NY 11429 2650

August 22, 2014 (BR-MBD)
P.A. Dominguez, Inc. DBA First Network Mortgage Company
72 Belvedere Drive, Yonkers, NY 10705

August 26, 2014 (BR-MBD)
Sunset Mortgage & Funding Corp.
2343 Hylan Boulevard, Staten Island, NY 10306


Mortgage Broker Certificate Address Changes:

August 26, 2014 (BR-MBD)
Faze One Funding, Limited Liability Company
From: 880 Mile Square Road, Ground Floor, Yonkers, NY 10704
To: 570 Yonkers Avenue, Yonkers, NY 10704


Mortgage Banker Branch License Address Changes:

August 27, 2014 (MB-MBD)
Devere Mortgage Corporation D/B/A Hunt Mortgage
From: 71 Railroad Place, Saratoga Springs, NY 12866
To: 125 High Rock Avenue, Saratoga Springs, NY 12866


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 violations of Article 12-D Section 591(3) of the New York Banking Law for utilizing a domain name prior to receiving authorization from the Department;  Section 595-a(2)(a) of the New York Banking Law for using a name in an advertisement that did not conform to a name on record with the Department;  Section 301(a)(5)(B) of the New York Business Corporation Law for utilizing the restricted word “mortgage” in its name without approval from the Superintendent of Financial Services.    The Settlement Agreement terms and conditions include a fine of $5,000.00.

August 22, 2014 (BK-MBD)
Total Group In Lieu of True Name Total Mortgage Services, LLC
185 Plains Road, 3rd Floor, Milford, CT 06461


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 25, 2014

976565

Wesley Alexander Shifflette

Baltimore

MD

New Day Financial, LLC

August 25, 2014

589282

Woody Alan Haskins

Chalrotte

NC

Cardinal Financial Company, Limited Partnership

August 25, 2014

1107204

Isabel Chimdinma Machie

Belleville

MI

Quicken Loans Inc.

August 25, 2014

864088

Justin Scott Hirschorn

Long Beach

NY

Canyon Mortgage Corp

August 25, 2014

1019240

Kyle Matthew Stolte

Millers

MD

New Day Financial, LLC

August 25, 2014

951099

Roderic Deon Arrington

Southfield

MI

Quicken Loans Inc.

August 25, 2014

1191906

William Dakota Woolard

Melissa

TX

loanDepot.com, LLC

August 25, 2014

997614

Wendi Michelle Allen

Wylie

TX

Genpact Mortgage Services, Inc.

August 25, 2014

902504

Kevin Joseph Lange

Gilbert

AZ

Quicken Loans Inc.

August 25, 2014

1054169

Patrick Wesley Martin

Chesterfield

MI

Quicken Loans Inc.

August 25, 2014

1077235

Catherine  Dimarsico

Massapequa Park

NY

Prospect Mortgage, LLC

August 25, 2014

43703

Michael Jon Napolitano

Smithtown

NY

Silver Fin Capital Group LLC

August 25, 2014

1172215

Chaya R Miller

Spring Valley

NY

The Everest Equity Company, Inc.

August 25, 2014

133332

Kichan Jonathan Lee

Flushing

NY

MCS Mortgage Bankers, Inc.

August 25, 2014

413869

Lynn M Connors

Camilllus

NY

Commonfund Mortgage Corp.

August 25, 2014

174698

Breton Glen Macdonald

Costa Mesa

CA

Lenox Financial Mortgage Corporation

August 25, 2014

1077911

Dennis Ryan Bozzell

Baltimore

MD

New Day Financial, LLC

August 25, 2014

1171631

Shakuntala  Seodarsan

Queens Village

NY

MGN Funding Corp

August 25, 2014

1191936

Raymond Anthony Bethea Sykes

Addison

TX

loanDepot.com, LLC

August 25, 2014

1124488

Nicole Janae Howard

Columbia

MO

Mortgage Research Center, LLC

August 25, 2014

220654

Michael J Morgan

Costa Mesa

CA

Carrington Mortgage Services, LLC

August 25, 2014

56231

Thao Ngoc Nguyen

Irvine

CA

Nationstar Mortgage LLC

August 25, 2014

1096940

Kathryn Nelson Chamberlain

Detroit

MI

Quicken Loans Inc.

August 25, 2014

998805

Alejandro Ignacio Capdevielle Cardozo

Detroit

MI

Quicken Loans Inc.

August 25, 2014

1101982

Joseph Richard Crane

Staten Island

NY

US Mortgage Corporation

August 25, 2014

397610

Michael Alex Maluzhinsky

Royal Oak

MI

Quicken Loans Inc.

August 25, 2014

857266

Van Thu Thi Pham

Irvine

CA

Carrington Mortgage Services, LLC

August 25, 2014

1140486

Garen  Torossian

Farmington Hills

MI

Quicken Loans Inc.

August 25, 2014

1048737

Martin Ruben De La Torre

Mansfield

TX

Caliber Home Loans, Inc.

August 25, 2014

1146282

Angelique Marie Street

Baldwinsville

NY

Commonfund Mortgage Corp.

August 25, 2014

1117163

Jessica Amy Brennan

Madison Heights

MI

Quicken Loans Inc.

August 25, 2014

1044107

Christopher Todd Medley

Columbia

MO

Mortgage Research Center, LLC

August 25, 2014

1005596

Valerie Sue Wery

Clarence Center

NY

Homestead Funding Corp.

August 25, 2014

22670

Sandra  Waters

Barrington

RI

Maverick Funding Corp.

August 25, 2014

1183554

Nicholas F Granchelli

Lockport

NY

1st Priority Mortgage, Inc.

August 25, 2014

1125754

Robert Andrew Moss

Columbia

MO

Mortgage Research Center, LLC

August 25, 2014

1145791

Kimberly  Mancini

Palm Beach Gardens

FL

Continental Home Loans Inc.

August 25, 2014

1011719

Megan Abigail Bentley

Phoenix

AZ

Quicken Loans Inc.

August 25, 2014

1117396

John Philip Lietke

Detroit

MI

Quicken Loans Inc.

August 25, 2014

1191928

Orlando Cuevas Mcconnell

Aubrey

TX

loanDepot.com, LLC

August 25, 2014

927796

Nicholas Michael Donlon

Scottsdale

AZ

Quicken Loans Inc.

August 25, 2014

1086998

Robert Nicholas-Anthony Gaddie

St. Clair Shores

MI

Quicken Loans Inc.

August 25, 2014

1177472

Romi Salwan Arabo

Farmington Hills

MI

Quicken Loans Inc.

August 25, 2014

1159196

Denitrice  Brown

Moreno Valley

CA

Genpact Mortgage Services, Inc.

August 25, 2014

142435

Kyle James Bowen

Scottsdale

AZ

Quicken Loans Inc.

August 25, 2014

1076720

Alexander Benjamin Brooks

Bloomfield Hills

MI

Quicken Loans Inc.

August 25, 2014

1160166

Anthony  Nicolo

Staten Island

NY

Meadowbrook Financial Mortgage Bankers Corp.

August 25, 2014

1049859

Matthew John Laitila

Westlake

OH

Quicken Loans Inc.

August 25, 2014

1026120

Matthew Thomas Sturgeon

Louisville

KY

Discover Home Loans, Inc.

August 25, 2014

1192683

Tarik  Ahmed

Ozone Park

NY

Guidance Residential, LLC

August 25, 2014

1078235

Juan F Santana

Valley Stream

NY

Continental Home Loans Inc.

August 25, 2014

1192212

Shane Ashley Padron

Mckinney

TX

loanDepot.com, LLC

August 25, 2014

913045

Ryan Scott Perussi

Aliso Viejo

CA

Freedom Mortgage Corporation

August 25, 2014

38272

Robert Irving Kaufman

Irvine

CA

Nationstar Mortgage LLC

August 25, 2014

1076557

Tyler Hall Fields

Scottsdale

AZ

Quicken Loans Inc.

August 25, 2014

1173032

Stephen Edward Gage

Auburn

NY

Commonfund Mortgage Corp.

August 25, 2014

998662

Mark Peter Adamo

Clawson

MI

Quicken Loans Inc.

August 25, 2014

23376

Dawn Marie Klumpp

Livonia

MI

Quicken Loans Inc.

August 25, 2014

976019

Kellie Marie Parr

Winter Springs

FL

Digital Risk Mortgage Services, LLC

August 25, 2014

1177935

Joshua Allen Heinz

Northville

MI

Quicken Loans Inc.

August 25, 2014

157623

Michael Christopher Durand

Waxhaw

NC

Cardinal Financial Company, Limited Partnership

August 25, 2014

585406

Michael Anthony Schumacher

Davison

MI

Quicken Loans Inc.

August 25, 2014

210637

Gregory Allan Vogel

Aurora

CO

American Financing Corporation

August 25, 2014

1177924

Steven Richard Harding

Livonia

MI

Quicken Loans Inc.

August 25, 2014

198060

Andrew Nickolas Borunda

Phoenix

AZ

Quicken Loans Inc.

August 25, 2014

859435

Lipa  Kish

Brooklyn

NY

Ark Mortgage, Inc.

August 25, 2014

989856

Andres Alberto Gonzalez

Dana Point

CA

Discover Home Loans, Inc.

August 25, 2014

377778

John Sieu Gia Mach

Chino Hills

CA

Nationstar Mortgage LLC

August 25, 2014

406332

Aminderpal Paul Singh

Carteret

NJ

Caliber Home Loans, Inc.

August 25, 2014

952750

Jeffrey Ian Moyer

Laguna Hills

CA

Discover Home Loans, Inc.

August 25, 2014

1065385

Alan Michael Aryanpur

Phoenix

AZ

Quicken Loans Inc.

August 25, 2014

976609

Daniel Elliott Parker

Columbia

MD

New Day Financial, LLC

August 25, 2014

5223

Thomas Nicholas Ricevuto

Sicklerville

NJ

Freedom Mortgage Corporation

August 25, 2014

1197451

Edwin Y. Chang

Little Neck

NY

MCS Mortgage Bankers, Inc.

August 25, 2014

643632

Shane Patrick Connor

Old Bridge

NJ

Caliber Home Loans, Inc.

August 25, 2014

1168484

Hussein Albert Amen

Dearborn

MI

Quicken Loans Inc.

August 25, 2014

500246

Michael Joseph Sanwald

Yardley

PA

Freedom Mortgage Corporation

August 25, 2014

1149611

Micah Deanna Harris

Detroit

MI

Quicken Loans Inc.

August 25, 2014

1054170

Ryan David Mathe

Westland

MI

Quicken Loans Inc.

August 25, 2014

403892

Robert Douglas Tollin

North Bellmore

NY

MLD Mortgage Inc.

August 26, 2014

296291

Amy Elizabeth Charlton

Putnam

CT

1st Alliance Lending, LLC

August 26, 2014

96966

Kelli Varner Yarbrough

Monroe

NC

RoundPoint Mortgage Company

August 26, 2014

1107239

Andrea  Robinson-Bours

Scottsdale

AZ

Quicken Loans Inc.

 


 

Link to DFS Portal

About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter