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New York State Department of Financial Services

Weekly Banking Bulletin

December 04, 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 VC Virtual Currency

Regulatory Unit Codes

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


SECTION l

November 25, 2015 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Application dated November 19, 2015, for permission to change the location of branch office from 61-54 Springfield Boulevard, Oakland Gardens, Borough of Queens, City of New York 11364 to 61-14 Springfield Boulevard, Oakland Gardens, Borough of Queens, City of New York 11364, received.


November 25, 2015 (TR-CRB)
TOMPKINS TRUST COMPANY
110 North Tioga Street, Ithaca, NY 14850

Application dated November 19, 2015, for permission to open and occupy a branch office at 6872 East Genesee Street, Fayetteville, Town of DeWitt, Onondaga County, NY 13066, received.


November 27, 2015 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Application dated November 24, 2015, for permission to change the location of branch office from 2801 Smith Avenue, Baltimore, Baltimore County, Maryland 21209 to 2841 Smith Avenue, Baltimore, Baltimore County, Maryland 21209, received.


November 30, 2015 (BK-CRB)
PIONEER COMMERCIAL BANK
21 Second Street, Troy, NY 12180

Application dated November 18, 2015, for permission to change the location of principal office from 21 Second Street, City of Troy, Rensselaer County, New York 12180 to 652 Albany Shaker Road, Town of Colonie, Albany County, New York 12211, received.


November 30, 2015 (SB-CRB)
PIONEER SAVINGS BANK
21 Second Street, Troy, NY 12180

Application dated November 18, 2015, for permission to change the designation of principal office located at 21 Second Street, City of Troy, Rensselaer County, New York 12180 to that of branch office, and of branch office located at 652 Albany Shaker Road, Town of Colonie, Albany County, New York 12211 to that of principal office, received.


December 3, 2015 (SB-CRB)
NEW YORK COMMUNITY BANK
615 Merrick Avenue, Westbury, NY 11590

Notice of intention to close branch office at Pathmark Supermarket, 1-37 12th Street, Borough of Brooklyn, City of New York 11205, 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:

November 27, 2015 (BR-MBD)
Applicant(s)
Oleg Tsaryov
As: Oleg Tsaryov
2306 Coney Island Avenue, 2nd Floor, Suite A, Brooklyn, NY 11223 3350

December 01, 2015 (BR-MBD)
Applicant(s)
Yadong Pan
Steve Yuan Yao
As: Best Solution Mortgage, Inc.
136-31 41st Avenue, Suite 7D, Flushing, NY 11355

December 01, 2015 (BR-MBD)
Applicant(s)
Michael Gregory Rankin
Marcus Wilson Dallacqua
As: ClearPath Mortgage Solutions, Inc.
35 Brookwood Drive, Latham, NY 12110


Application to establish an Exempt (Manufactured Home) Mortgage Banker's Branch received for examination:

December 01, 2015 (EMB-MBD)
Full Service Branch
Priority Funding LLC, U/F/N Northboro Priority Funding, LLC
125 Wolf Road, Suite #306, Albany, NY 12205


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

July 19, 2015

1373133

Rivah bochner

Monsey, NY 

October 16, 2015

1407253

Cherise Lacole Forbes

Arverne, NY

October 30, 2015

256353

Dennis Edward Sherman Jr

Jacksonville, FL

November 6, 2015

1247850

Jeremy Van Swartz

Livonia, MI 

November 6, 2015

147126

Douglas Bruce Webb

Quakertown, PA 

November 11, 2015

698271

Damon Glenn Long

Huntington Station, NY

November 13, 2015

1283449

Christopher Samuel Nickel

Detroit, MI

November 13, 2015

224766

Debbie A. Musco-Yeck

Montvale, NJ

November 13, 2015

1239246

Nicholas Sean Doggett

Waterford Township, MI

November 13, 2015

1262615

Alexandria Caitlin Marsh

Detroit, MI 

November 13, 2015

1237815

Kody Kaitlin Speirs

South Lyon, MI

November 13, 2015

1247629

Deryk Keith Bomar

Detroit, MI

November 16, 2015

1149794

Paul Anthony Schepke

Warren, MI 

November 16, 2015

1385545

Douglas Francisco Hernandez

Irvine, CA

November 16, 2015

993540

Daniel Soubeyroux Kennedy

Saint Augustine, FL

November 16, 2015

939630

Andrew Henderson Traylor

Jacksonville, FL 

November 16, 2015

1247931

Yahya Rahim Muhammad

Detroit, MI

November 16, 2015

403948

Jason Joseph Forrester

Malverne, NY

November 16, 2015

1408758

Jonathan Harry Hartsfield

Detroit, MI

November 17, 2015

1237769

Chelsea Janine Laske

New Haven, MI 

November 17, 2015

1409060

Antoinette Marie Singfield

Westbury, NY

November 17, 2015

1412799

York Bo Ding

Brooklyn, NY 


SECTION II

October 19, 2015 (CC-LFS)
R & B CHECK CASHING CORP.
119 Mount Vernon Avenue, Mount Vernon, NY   10550

Effective October 19, 2015, license to engage in business as casher of checks located at 119 Mount Vernon Avenue, Mount Vernon, NY   10550 was surrendered.


November 30, 2015 (MI-CRB)
PACIFIC WESTERN BANK
10250 Constellation Boulevard, Los Angeles, CA 90067

Notification received, in accordance with Supervisory Policy G 8, of:

  1. the relocation of a representative office from 640 Fifth Avenue, #1100, Borough of Manhattan, City of New York 10119 to 40 West 57th Street, 3rd Floor, Borough of Manhattan, City of New York 10119, effective December 5, 2015.
  1. the establishment of a representative office located at 475 Fifth Avenue (18th Floor), Borough of Manhattan, City of New York 10017 on October 6, 2015, as a result of the merger of Square 1 Bank, Durham, North Carolina, with and into Pacific Western Bank. (This location was the former representative office of Square 1 Bank.)

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

November 30, 2015 (MLS-MBD)
Full Service Branch
Servis One, Inc. DBA BSI Financial Services
4600 Sheridan Street, Suite 301, Hollywood, FL  33021


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

December 02, 2015 (BR-MBD)
Nyack Funding Co., Inc.
8 Azurean Court, Mount Sinai, NY 11766
Effective Date: November 24, 2015

December 02, 2015 (BR-MBD)
Overall Mortgage Corp.
1438 42nd Street, Lower Level, Brooklyn, NY 11219
Effective Date: November 17, 2015

December 02, 2015 (BR-MBD)
Net Equity Financial, Inc.
4940 Campbell Boulevard, Suite 210, Nottingham, MD 21236 5900
Effective Date: November 27, 2015


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

December 02, 2015 (BR-MBD)
Full Service Branch
UBS Financial Services Inc.
333 Earle Ovington Blvd., Ste. 600, Mitchell Field, NY 11553
Effective Date: December 02, 2015


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

December 01, 2015 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation D/B/A CHL Mortgage
2900 Westchester Avenue, Suite #104, Purchase, NY 10577
Effective Date: November 23, 2015


Mortgage Loan Servicer Name Change approved:

November 30, 2015   (MLS-MBD)
From: Green Tree Servicing LLC
To:  Ditech Financial LLC D/B/A ditech


Mortgage Broker Certificate Address Changes:

December 02, 2015 (BR-MBD)
DMN Mortgage Corp.
From: 960 Jericho Turnpike, St. James, NY 11780
To: 2950 Hempstead Turnpike, Suite 201, Levittown, NY 11756 1398

December 02, 2015 (BR-MBD)
Great Lakes Funding Corp.
From: 18 D'Angelo Drive, Webster, NY 14580
To: 845 Bannerwood Drive, Ontario, NY 14519 9008


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 410.7 of the Superintendent’s Regulations for failure to file the 2014 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $10,000.00.

November 24, 2015 (BR-MBD)
Accountable Financial Management Corporation
599 Main Street, Suite B, New York, NY 10044


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 410.7 of the Superintendent’s Regulations for failure to file the 2014 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $5,000.00.

November 20, 2015 (BR-MBD)
First Generation Mortgage Corp.
148-29 Cross Island Parkway, Whitestone, NY  11357


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 410.7 of the Superintendent’s Regulations for failure to file the 2014 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $6,000.00.

November 10, 2015 (BR-MBD)
United Mortgage Brokerage, Inc. (formerly known as) United Mortgage Group, Inc.
54C Sunnyside Boulevard, Plainview, NY 11803


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

First and Last Name

City & State of Residence

November 25, 2015

1273902

Tikimia Vanderbilt

Medford

NY

November 25, 2015

141101

Michael Donald Laucks

Red Lion

PA

November 25, 2015

218242

Jeffery David Cook Jr.

Colts Neck

NJ


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

First & Last Name

City & State

Sponsoring Entity

February 4, 2015

249004

Michael Albert Quiroz

Oakdale
NY

Reliant Home
Funding, Inc.

 

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