Skip to Content

New York State Department of Financial Services

Weekly Banking Bulletin

August 14, 2015

SECTION I

This section records the receipt of banking-related applications and notices to 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 ISSUED BY THE DEPARTMENT.

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning banking-related activities 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 below 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

BKBankMBMortgage Banker
BPBudget PlannerBRMortgage Broker
CCCheck CasherMLSMortgage Servicer
CUCredit UnionPFPremium Finance Agency
FAForeign AgencyPBPrivate Banker
FBForeign BranchSDSafe Deposit Company
FRForeign Representative OfficeSFSales Finance Agency
HCHolding CompanySLSavings and Loan Association
ICInvestment CompanySBSavings Bank
LLLicensed LenderTMTransmitter of Money
MKMerchant BankTRTrust Company
MIMiscellaneous

Regulatory Unit Codes

CRBCommunity and Regional Banks
CSDConsumer Services
FWBForeign and Wholesale Banks
LFSLicensed Financial Services
MBDMortgage Banking


SECTION I

June 16, 2015 (TM-LFS)
GROUPEX FINANCIAL CORPORATION U/A/N REYME$A U/A/N SIGUE MONEY TRANSFER
13291 Ralston Avenue, Sylmar, CA 91342

Notification received for a change of headquarters location from 13291 Ralston Avenue, Sylmar, CA 91342 to 13190 Telfair Avenue, Sylmar, CA 91342.

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 licensee.


June 16, 2015 (TM-LFS)
SIGUE CORPORATION
13291 Ralston Avenue, Sylmar, CA 91342

Notification received for a change of headquarters location from 13291 Ralston Avenue, Sylmar, CA 91342 to 13190 Telfair Avenue, Sylmar, CA 91342.

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 licensee.


June 26, 2015 (TM-LFS)
USFOREX INC.
100 Montgomery Street, Suite 1400, San Francisco, CA 94104

Notification received for a change of headquarters location from 100 Montgomery Street, Suite 1400, San Francisco, CA 94104 to 49 Stevenson Street, 13th Floor, San Francisco, CA 94105.

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 licensee.


August 3, 2015 (TR-FWB)
MITSUBISHI UFJ TRUST & BANKING CORPORATION (U.S.A.) 
420 Fifth Avenue, New York, NY 10018

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


August 6, 2015 (SF-LFS)
FF CREDIT CORP.
50 Jericho Turnpike, Suite 205, Jericho, NY 11753-1014

Notification received for a change of headquarters location from 50 Jericho Turnpike, Suite 205, Jericho, NY 11753-1014 to 590 Sunrise Highway, Baldwin, NY 11510.

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 licensee.


August 11, 2015 (FB-FWB)
CHINA MERCHANTS BANK CO., LTD.
7088 Shennan Boulevard, Shenzhen, Guangdong 518040 4-5 Marunouchi, People’s Republic of China

Application, pursuant to Section 201-b of the Banking Law, requesting permission to exercise fiduciary powers, received.


August 11, 2015 (BK-CRB)
THE WESTCHESTER BANK
12 Water Street, White Plains, NY 10601

Application dated August 10, 2015, for permission to open and occupy a branch office at 305 Mamaroneck Avenue, Mamaroneck, Westchester County, New York 10543, 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:

August 12, 2015 (BR-MBD)
Applicant(s)
Alan J. Eidinger
As: Silicon Valley Mortgage Corp.
409 Alberto Way, Suite 4, Los Gatos, CA 95032 5407


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

August 12, 2015 (MB-MBD)
Applicant(s)
Michael David Warshaw
Graham Phillip LeFloch
Evan Andrew LeFloch
As: WC Financial In Lieu of True Name Warshaw Capital, LLC
500 Summer Street, Suite 500, Stamford, CT 06901 4301


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

August 6, 2014 (MLS-MB)
Applicant(s)
Lennar Corporation
Through their indirect interest in Rialto Capital Servicing, LLC
To acquire interest in Registered Mortgage Loan Servicer:
Quantum Servicing Corporation
6302 E. Martin Luther King Blvd., Suite 300, Tampa, FL 33619


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

November 18, 2014

1200137

John William Georges

Westwood, NJ

November 26, 2014

739838

Lisa Jeannette Simon

Ypsilanti, MI

December 10, 2014

876464

Jason Neil Scherbarth

Brighton, MI

April 28, 2015

1312136

Shannon Leigh Wise

Madison, OH

June 22, 2015

1337537

Anthony John Gawrych

Massapequa, NY

June 23, 2015

1288506

Gaurav Arora

Seaford, NY

June 25, 2015

100115

Eric Joseph Charbonneau

Clifton Park, NY

June 25, 2015

1187838

Andy Benjamin Ayala

Long Beach, NY

July 6, 2015

23198

Francesco Rizzo Jr.

Warwick, RI

July 14, 2015

1374394

Jorell Alexander Allison

Roseville, CA

July 16, 2015

844110

William Younghans

Bethpage, NY

July 22, 2015

337231

Tara Dene Oser

Columbia, MO

July 22, 2015

621790

Marvin Ramiro Erazo

Allen, TX

July 22, 2015

414051

John Andrew Cuccia

Farmingdale, NY

July 22, 2015

1382159

Christopher Leonard Brown

Roswell, GA

July 22, 2015

1193824

Lydia Petrus

Glastonbury, CT

July 27, 2015

1177715

Mark LaValle

East Meadow, NY

July 27, 2015

1312144

Katie Marie Burns

Phoenix, AZ

July 27, 2015

621903

Matthew Adam Williams

Dallas, TX

July 27, 2015

1375350

David Russell Ward

Dearborn Heights, MI

July 27, 2015

1375346

Michael Robert O'Leary

Detroit, MI

July 27, 2015

1367421

Austyn Bradley Sylva

Oxford, MI

July 27, 2015

1367411

Cory Alan Salmon

Fraser, MI

July 27, 2015

1367406

Teresa Ann Patterson

Birmingham, MI

July 27, 2015

1367405

Tania Sultana Miah

Detroit, MI

July 27, 2015

1367401

Alexander Ian Karas

Novi, MI

July 27, 2015

1367400

Dennis Robert Jackson

Sterling Heights, MI

July 27, 2015

1367398

Alan Edward Gieche

Westland, MI

July 27, 2015

1367396

Robert James Daniels

Pontiac, MI

July 28, 2015

1294349

Austin Jake Lusk

Carmel, IN

July 28, 2015

1373006

Seth Michael Reinhard

Greenwood, IN

July 28, 2015

1383843

Richard Ernest Teves

Marion, MA

July 28, 2015

1159909

Karl Philip Parker

Phoenix, AZ

July 30, 2015

1367337

Amber Marie Stein

Romulus, MI

July 30, 2015

1375919

Kyler Anthony Lerz

Mayfield Heights, OH

July 30, 2015

1370105

Mustafizur R Munir

Long Island City, NY

July 30, 2015

1339459

Susan Chappell White

Greenwood, IN

July 31, 2015

829103

Nicholas James Outten

Hampstead, MD


SECTION II

August 3, 2015 (FB-FWB)
NOVO BANCO SA
Avenida da Liberdade, 195, 1250-142 Lisboa, Portugal

New York branch license at 320 Park Avenue, New York, New York 10022 surrendered on August 3, 2015.


August 5, 2015 (CC-LFS)
BAYCHESTER PAYMENT CENTER, LLC D/B/A BPC CHECK CASHING & FINANCIAL SERVICES
1209 East 233rd Street, Bronx, NY 10466-3344

Effective August 5, 2015, license to engage in business as casher of checks for the location at 153 East 149th Street, Bronx, NY 10451-5341 was surrendered.


August 11, 2015 (CC-LFS)
PAY-O-MATIC CHECK CASHING CORP.
160 Oak Drive, Syosset, NY   11791

Effective August 11, 2015, license to engage in business as casher of checks at branch located at 249 Eldridge Street, New York, NY  10002 was surrendered.


August 12, 2015 (BK-FWB)
MIZUHO BANK (USA)
1251 Avenue of the Americas, New York, NY 10020

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 201 Mission Street, 12th Floor, San Francisco, San Francisco County, California 94105.


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

August 10, 2015 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
2009 Summer Street, Suite #209, Stamford, CT 06905

August 10, 2015 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
6273 Lake Osprey Drive, Suite #14, Sarasota, FL 64240


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

August 10, 2015 (MLS-MBD)
PennyMac Loan Services, LLC
6101 Condor Drive, Suite 200, Moorpark, CA  93021-2602


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

August 07, 2015 (MB-MBD)
Full Service Branch
Discover Home Loans, Inc.
9721 Ormsby Station Road, Suite 107, Louisville, KY 40223
Effective Date: August 07, 2015

August 07, 2015 (MB-MBD)
Full Service Branch
PrimeLending, A PlainsCapital Company
42 Old Ridgebury Road, Suite #4, Danbury, CT 06811
Effective Date: July 23, 2015


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

August 11, 2015 (MLS-MBD)
Full Service Branch
Green Tree Servicing LLC
10300 Spotsylvania Avenue, Suite 350, Fredericksburg, VA  22408
Effective Date:  August 04, 2015

August 11, 2015 (MLS-MBD)
Full Service Branch
Green Tree Servicing LLC
9119 Corporate Lake Drive, Suite 175, Tampa, FL  33634
Effective Date:  August 04, 2015


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

August 06, 2015 (BR-MBD)
Yes Funding Corp.
1600 Calebs Path Extension, Suite 117, Hauppauge, NY 11788


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 Section 591(3) of the New York Banking Law for utilizing a domain name prior to receiving authorization from the Department and creating a subdomain name to allow its Mortgage Loan Originators to use the subsites to solicit New York regulated mortgages and accept applications without receiving authorization from the Department and Section 301(a)(5)(B) of the New York Business Corporation Law for using a restricted word in the domain name without authorization from the Department. The Settlement Agreement terms and conditions include a fine of $7,500.

June 26, 2015 (MB-MBD)
NFM, Consultants d/b/a NFM Lending
In lieu of its true corporate name, NFM, Inc.
505 Progress Drive, Suite 100-115, Linthicum, MD 21090


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 Section 591(3) of the New York Banking Law for failure to adequately monitor and supervise its Mortgage Loan Originator’s loan solicitation and origination activities resulting in the use of unauthorized domain names.  The Settlement Agreement terms and conditions include a fine of $10,000.

July 24, 2015 (MB-MBD)
Franklin First Financial, Ltd. D/B/A Franklin First Mortgage Bankers     
538 Broadhollow Road, Suite 401, Melville, NY 11747


Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

Date Application Withdrawn

NMLS ID

Name of Applicant

City & State of Residence

August 10, 2015

1155593

Joshua Graham Daly

Catonsville

MD

August 10, 2015

334388

Eric Martin Nagy

Irvine

CA

August 10, 2015

703967

Mary Joyce Cwiklinski

Geneva

IL


 

Link to DFS Portal

About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter