New York State Department of Financial Services

Weekly Banking Bulletin

April 27, 2018

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 [email protected].

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 MS 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 VC Virtual Currency

Regulatory Unit Codes

CM Capital Markets
CRB Community and Regional Banks
CEU Consumer Examination Unit
FWB Foreign and Wholesale Banks
LFS Licensed Financial Services
MBD Mortgage Banking

SECTION I

April 16, 2018 (FB-FWB)
BANK OF SCOTLAND PLC
The Mound, Edinburgh EH1 1YZ, Scotland

Notice pursuant to Section 605.11 of the Banking Law that Bank of Scotland plc intends to voluntarily liquidate its New York branch located at 1095 Avenue of Americas New York, NY 10036, received.

April 16, 2018 (MI-CRB)
THE FIRST BANK OF GREENWICH
444 East Putnam Avenue, Cos Cob, CT 06807

Application dated April 13, 2018, for permission to open and occupy a branch office at 500 Westchester Avenue, Port Chester, Westchester County, NY 10573, received.

April 20, 2018 (MI-CRB)
FIRST IC BANK
5593 Buford Highway, Doraville, GA 30340

Application dated April 16, 2018, for permission to open and occupy a branch office at 204-08 Northern Boulevard, Bayside, Borough of Queens, City of New York 11361, received.

April 20, 2018 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Application dated April 19, 2018, for permission to open and occupy a branch office at 201 Mission Street, Suite 600, San Francisco, San Francisco County, California 94105, received.

April 20, 2018 (SB-CRB)
APPLE BANK FOR SAVINGS
1395 Northern Boulevard, Manhasset, NY 11030

Application dated April 19, 2018, for permission to change the location of branch office from 124 East 125th Street, Borough of Manhattan, City of New York 10035 to 169 East 125th Street, Borough of Manhattan, City of New York 10035, received. 

April 23, 2018 (LL-LFS)
SQUARE CAPITAL, LLC
1455 Market Street, Suite 600, San Francisco, CA 94103

Application received for a license to engage in business as a licensed lender. 

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.

April 25, 2018 (TR-Crb)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notice of intention to close branch office at 71 North Main Street, Dolgeville, Herkimer County, NY 13329, received.

The comment period on this notice will expire May 29, 2018.

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

April 24, 2018 (MB-MBD)
Applicant(s)
Blake Andrew Music
Clint Edward Morgan
Diana Lynn Ringer
Jeffrey Allan Cassetta
Jeffrey Grant Deacon
Mark Kerry Music
Sarah Elizabeth Music
Sharon Sue Baron
As: Ruoff Mortgage Company, Inc.
1700 Magnavox Way, Suite 220, Fort Wayne, IN 46804

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

April 25, 2018 (MLS-MBD)
Applicant(s)
Goldman Sachs Bank USA
Goldman Sachs Real Estate Funding Corp.
Jane Macfarland Kelsey
Jonathan Edward Babkow
Maheshwar Saireddy
The Goldman Sachs Group, Inc.
As: Goldman Sachs Mortgage Company
200 West Street, 5th Floor, New York, NY 10282-2198

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

April 19, 2018 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
459 Washington Street, Unit 29, Duxbury, MA 02332

April 19, 2018 (MB-MBD)
Full Service Branch
Commonfund Mortgage Corp.
20 East Main Street, Store #10, Clifton Springs, NY 14432

April 24, 2018 (MB-MBD)
Full Service Branch
Home Point Financial Corporation
300 Centerville Road, The Summit West - Suite 204/204A, Warwick, RI 02886

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent"s Regulations for control interest:

April 25, 2018 (MB-MBD)
Applicant(s)
NRM Acquisition LLC
New Residential Investment Corp.
New Residential Mortgage LLC
Nicola Santoro
Peter Martin Smith
Cameron Daniel MacDougall
To acquire interest in:
New Penn Financial, LLC D/B/A Rate30
Shellpoint Mortgage Servicing
4000 Chemical Road, Suite 200, Plymouth Meeting, PA 19462

SECTION II

April 18, 2018 (SB-CRB)
FULTON SAVINGS BANK
75 South First Street, Fulton, NY 13069

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at Fulton Commons, 1909 State Route #3, Fulton, Town of Granby, Oswego County, New York 13069.

April 20, 2018 (CC-LFS)
BUFFALO CHECK CASHING INC.  
1325 Jefferson Avenue, Buffalo, New York 14208

Effective March 16, 2018, license to engage in business as a casher of checks located 1325 Jefferson Avenue, Buffalo, New York 14208 was surrendered.

April 20, 2018 (MI-CRB)
FIRST IC BANK
5593 Buford Highway, Doraville, GA 30340

Authorization Certificate issued February 21, 2018, granting permission to open and occupy a branch office at 147-50 Northern Boulevard, Flushing, Borough of Queens, City of New York 11354, surrendered for cancellation.

This office was never operational.

April 25, 2018 (BK-CRB)
INTERAUDI BANK
19 East 54th Street, New York, NY 10022

Approval given to change the location of branch office from 200 S. Biscayne Boulevard, Suite 1900, Miami, County of Miami-Dade, Florida 33131 to 78 SW 7 Street, Suite 1100, Miami, County of Miami-Dade, Florida 33130, on or after April 26, 2018. 

April 25, 2018 (BK-CRB)
CATSKILL HUDSON BANK
4438 Route 42 North, Thompson, New York 12701

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 830 Main Street, Arlington, Town of Poughkeepsie, Dutchess County, New York 12603, will not result in a significant reduction of banking services in the community to be affected.

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

April 20, 2018 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2508 Vestal Parkway East, Suite 2, Vestal, NY 13850

April 20, 2018 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
301 North Cattlemen Road, Suite Number 101, Sarasota, FL 34232

April 20, 2018 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
4863 Old Redwood Highway, Ste. D, Santa Rosa, CA 95403

April 20, 2018 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
110 Fort Couch Road, Third Floor, Suite 303, Bethel Park, PA 15102

April 20, 2018 (MB-MBD)
Full Service Branch
Jet Direct Funding Corp.  D/B/As:
Jet Direct Mortgage
Senior Reverse Network
107-01 Rockaway Blvd, 2nd Floor, Front, Ozone Park, NY 11417

April 20, 2018 (MB-MBD)
Full Service Branch
Hudson United Mortgage LLC
268 South Main Street, Suite 100, New City, NY 10956

April 20, 2018 (MB-MBD)
Full Service Branch
Hudson United Mortgage LLC
222 Bloomingdale Road, Suite 114B, White Plains, NY 10605

April 20, 2018 (MB-MBD)
Full Service Branch
Hudson United Mortgage LLC
8 College Avenue, Nanuet, NY 10954

April 20, 2018 (MB-MBD)
Full Service Branch
Hudson United Mortgage LLC
300 Canal Street, Suite 100, Goshen, NY 10924

April 20, 2018 (MB-MBD)
Full Service Branch
American Advisors Group, Inc.
18200 Von Karman Avenue, Suite 910, Irvine, CA 92612

April 20, 2018 (MB-MBD)
Full Service Branch
MLB Residential Lending, LLC   D/B/A MLB Mortgage
389 Rt. 46 E, Suite A, Second Floor, Budd Lake, NJ 07828

April 20, 2018 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2 Speedwell Avenue, 6th Floor, Suite 630, Morristown, NJ 07960

April 20, 2018 (MB-MBD)
Full Service Branch
Residential Mortgage Services, Inc.
14 Breakneck Hill Road, Unit #LL1, Lincoln, RI 02865

April 25, 2018 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2271 Route 33, Suite 106, Hamilton, NJ 08690

April 25, 2018 (MB-MBD)
Full Service Branch
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
1110 South Avenue, 2nd Floor, Suite 72, Staten Island, NY 10314

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

April 20, 2018 (BR-MBD)
Full Service Branch
A.S.A.P. Mortgage Corp.
708 3rd Avenue, 5th Floor, Office #CB149, New York, NY 10017

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

April 24, 2018 (MB-MBD)
United Northern Mortgage Bankers Limited D/B/As:
Senior Security Advisors
Senior Security Home Advantage
50 S. US Highway One, Suite #312, Jupiter, FL 33477
Effective Date: April 17, 2018

April 24, 2018 (MB-MBD)
Hartford Funding, LTD
4050 Skyron Drive, Suite A3, Doylestown, PA 18902
Effective Date: April 19, 2018

April 24, 2018 (MB-MBD)
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
12 Century Hill Drive, Latham, NY 12110
Effective Date: April 13, 2018

April 24, 2018 (MB-MBD)
Embrace Home Loans, Inc.
8201 Peters Road, Suite 1000, Office #29, Plantation, FL 33324
Effective Date: April 5, 2018

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

April 24, 2018 (BR-MBD)
Garden City Equities Inc.  D/B/As:
Discount Wholesale Mortgage Company
Garden City Mortgage
170 Tullamore Road, Garden City, NY 11530
Effective Date: April 24, 2018

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

April 25, 2018 (MLS-MBD)
Provident Funding Associates, L.P.
221 North LaSalle Street, Suite 1030, Chicago, IL 60601
Effective Date: March 16, 2018

Mortgage Banker License Address Changes:

April 24, 2018 (MB-MBD)
Kwik Mortgage Corporation D/B/A Homelend Mortgage
From: Southfield Center, One Cragwood Road, Suite 103A, South Plainfield, NJ 07080
To: 959 Route 46 East, Suite 401, Parsippany, NJ 07054

April 25, 2018 (MB-MBD)
Parkside Lending, LLC
From: 1130 Howard Street, San Francisco, CA 94103
To: 180 Redwood Street, Suite 250, San Francisco, CA 94102

April 25, 2018 (MB-MBD)
Pacific Union Financial LLC
From: 8900 Freeport Parkway, Suite 150, Irving, TX 75063
To: 1601 LBJ Freeway, Ste. 500, Farmers Branch, TX 75234

Mortgage Broker Certificate Address Changes:

April 24, 2018 (BR-MBD)
Star Home Inc.
From: 104-12 111th Street, 2nd FL - LS, South Richmond Hill, NY 11419
To: 127-02 135 Avenue, South Ozone Park, NY 11420

April 24, 2018 (BR-MBD)
Nickel City Funding, Inc.
From: 3352 Southwestern Boulevard, Orchard Park, NY 14127
To: 3460 Seneca St, West Seneca, NY 14224

April 24, 2018 (BR-MBD)
Washington Equities Mortgage Corp.
From: 336 Atlantic Avenue, 1st Floor, East Rockaway, NY 11518
To: 2949 Long Beach Road, Suite 1 &11-14, Oceanside, NY 11572

April 24, 2018 (BR-MBD)
Garden City Equities Inc.  D/B/As:
Discount Wholesale Mortgage Company
Garden City Mortgage
From: 1225 Franklin Avenue - Suite 325, Garden City, NY 11530
To: 170 Tullamore Road, Garden City, NY 11530

Mortgage Banker Branch License Address Changes:

April 24, 2018 (MB-MBD)
iServe Residential Lending, LLC
From: 1010 Washington Boulevard, 6th Fl., Suite #602, Stamford, CT 06901
To: 123 High Ridge Road, 1st Floor, Stamford, CT 06905

April 24, 2018 (MB-MBD)
loanDepot.com, LLC   D/B/As:
LDWholesale
loanDepot
From: 200 Garden City Plaza, Suite #210, Garden City, NY 11530
To: 400 Garden City Plaza, Suite 103, Garden City, NY 11530

April 24, 2018 (MB-MBD)
PrimeLending, A PlainsCapital Company
From: 648 Plank Road, Suite #203, Clifton Park, NY 12065
To: 92 Congress Street, Suite 201, Saratoga Springs, NY 12866

April 24, 2018 (MB-MBD)
Mortgage World Bankers, Inc.
From: 32-56 Steinway Street, 1st Floor, Astoria, NY 11103
To: 425 Broad Hollow Road, Suite 215, Melville, NY 11747

April 24, 2018 (MB-MBD)
Luxury Mortgage Corp.
From: 150 East Palmetto Park Road, Suite #450, Boca Raton, FL 33432
To: 3000 North Military Trail, Suite 201, Boca Raton, FL 33431

April 24, 2018 (MB-MBD)
Finance of America Mortgage LLC
From: 256 Main Street, Dickson City, PA 18519
To: 1439 Monroe Avenue, Unit 2, Dunmore, PA 18512

April 24, 2018 (MB-MBD)
Family First Funding LLC
From: 140 Littleton Road, Suite 240, Parsippany, NJ 07054
To: 50 Charles Lindbergh Boulevard, Suite 503, Uniondale, NY 11553

April 25, 2018 (MB-MBD)
Cardinal Financial Company, LP D/B/A Sebonic Financial
From: 375 N Stephanie Street, Building #19, Henderson, NV 89014
To: 901 N. Green Valley Pkwy, Suite 190, Henderson, NV 89074

Mortgage Loan Servicer Branch License Address Changes:

April 24, 2018 (MLS-MBD)
Servis One, Inc.  D/B/A BSI Financial Services
From: 7667 Vickers Street, Suite 650, San Diego, CA 92111
To: 910 Hale Place, Suite 205, Chula Vista, CA 91914

April 24, 2018 (MLS-MBD)
Deval LLC
From: 1255 Corporate Drive, Suite 300, Irving, TX 75038
To: 1231 Greenway Drive, Suite 200, Irving, TX 75038

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 2015 Volume of Operations Report (VOOR).  The Settlement Agreement terms and conditions include a fine of $3,000.00.

April 20, 2018 (BR-MBD)
YourApproved Funding Corp.
1779 Southern Boulevard, Professional Office One, Bronx, New York 10460

The following licensed Mortgage Banker has entered into a Settlement Agreement with the Department on April 11, 2018, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle violations of Section 420.18(a)(3)(iv) of the Superintendent’s Regulations by failing to adequately monitor and supervise its sponsored MLO’s loan origination activities and Sections 38.2(a) and 38.2(b) of the General Regulations of the Superintendent by failing to include the required legend and street address in its advertisement.  The Settlement Agreement terms and conditions include a fine of $30,000.

April 23, 2018 (MB-MBK)
Contour Mortgage Corporation
990 Stewart Avenue, Suite 660, Garden City, NY 11530

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 CITY STATE
April 12, 2018 6371 Trista Jenae Mayer West Bend Wisconsin
April 12, 2018 398888 Veronica Duncan La Verne California
April 12, 2018 988221 Jay Hoon Choe Irvine California
April 12, 2018 1004266 Eric Eugene Bowlus Brea California
April 12, 2018 1015237 Ross Tyler Shaffer Charlotte North Carolina
April 12, 2018 1170578 Jeffrey Bancroft Garand Yorba Linda California
April 12, 2018 1516753 William Edward Walker Gardena California
April 24, 2018 91135 James Gary Hennessey Riverview Florida
April 24, 2018 161137 Sharon Shkrelja Romeo Michigan
April 24, 2018 217528 Benjamin Todd Cohen Deerfield Illinois
April 24, 2018 233990 William Hamilton Kumpf Summit New Jersey
April 24, 2018 255833 Wajih Nabil Abdallah Dearborn Heights Michigan
April 24, 2018 409866 Adam Michael Heiligman Marlton New Jersey
April 24, 2018 422656 Glenn Marshall O"Brien Allentown New Jersey
April 24, 2018 780824 Michael George Rojas Fullerton California
April 24, 2018 852029 Curtis Frankey Randall Newark New Jersey
April 24, 2018 870696 Sean Michael Meador Huntington Beach California
April 24, 2018 933345 Lewis Henry Dawley Laveen Arizona
April 24, 2018 972391 Cyrus Lee Bigham Phoenix Arizona
April 24, 2018 1066222 Douglas Jonathan Weir Mason Michigan
April 24, 2018 1495266 Kathleen Nancy Rotella Upper Saddle River New Jersey
April 24, 2018 1592885 Sean Patrick Bouker Rocky Point New York
April 24, 2018 1601120 Jeremey Thomas Bodo Watervliet New York
April 24, 2018 1663433 Jeffrey Scott Davidson Madison Heights Michigan
April 24, 2018 1664629 Robert Douglas Cook Detroit Michigan
April 24, 2018 1690449 Tat Yau Ho New York New York

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 SPONSORING ENTITY
January 3, 2018 17215 Richard A. Bisca Smithtown New York Americana Mortgage Group, Inc.
January 3, 2018 41711 Stanley Melvin Hopson Ambler Pennsylvania Freedom Mortgage Corporation
January 3, 2018 62658 Steven Mitchell Cahn Chester New York DML Mortgage Enterprises, Inc.
January 3, 2018 156415 Edward Demonte Islip New York Meadowbrook Financial Mortgage Bankers Corp.
January 3, 2018 264752 Carlos Ray Rosario Rutherford New Jersey CrossCountry Mortgage, Inc.
January 3, 2018 621712 Scott Jeremy Griffin Allen Texas Nationstar Mortgage LLC
January 3, 2018 928829 Richard Kent Martin Gilbertsville Pennsylvania New Penn Financial, LLC
January 3, 2018 984403 Aaron Courtland Boudot Spring Hill Tennessee Carrington Mortgage Services, LLC
January 3, 2018 1055054 John Calvin Kim Irvine California loanDepot.com, LLC
January 3, 2018 1161219 Victor Hugo Acevedo Aguirre Uniondale New York Associated Mortgage Bankers, Inc.
January 3, 2018 1206148 Kuldipsinh Indrasinh Solanki Trevose Pennsylvania Freedom Mortgage Corporation
January 3, 2018 1319491 Matthew Greenleaf Yonkers New York Home America Lending Corp.
January 3, 2018 1443266 Fred Steven Morales Costa Mesa California loanDepot.com, LLC
January 3, 2018 1497433 Anna Marie Lucaj Detroit Michigan Quicken Loans Inc.
January 3, 2018 1510271 Mohamed Mohsen Ismail Novi Michigan Quicken Loans Inc.
January 3, 2018 1536953 Sean Patrick Harold McGrath South Euclid Ohio Quicken Loans Inc.
January 3, 2018 1538041 Vladislav Sheyngauz West Bloomfield Michigan Quicken Loans Inc.
January 3, 2018 1626949 John Anthony Varani Warren Michigan Quicken Loans Inc.
January 3, 2018 1627516 Thomas Clifford Martin Detroit Michigan Quicken Loans Inc.
January 3, 2018 1638759 Melody Marie Khemmoro West Bloomfield Michigan Quicken Loans Inc.
January 3, 2018 1650398 Bilal Farhat Dearborn Michigan Quicken Loans Inc.
January 3, 2018 1653723 Bryan Paul Reed Glenville New York MoneyLine New York, LLC
January 3, 2018 1655866 Janine Catherine James Pennsauken New Jersey PHH Mortgage Corporation
January 3, 2018 1662699 Jeffrey Scott Summy Scottsdale Arizona loanDepot.com, LLC
January 3, 2018 1674038 Julie Elizabeth Schatz-Siemers New York New York Nationwide Mortgage Bankers, Inc.
April 23, 2018 106687 David Peter Smith Hackettstown New Jersey MLB Residential Lending, LLC
April 23, 2018 145336 James Edgar Martin Pittsburgh Pennsylvania Movement Mortgage, LLC
April 23, 2018 247743 Jennifer Ann Beeston Healdsburg California Guaranteed Rate, Inc.
April 23, 2018 1487875 Gregory David MacBride Pittsburgh Pennsylvania Movement Mortgage, LLC