Weekly Banking Bulletin

November 8, 2024

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 email 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:

SECTION I

October 16, 2024 (LL-LFS)
DRIVEWAY FINANCE CORPORATION
9020 SW Washington Square Road, Suite 301, Tigard, Oregon, 97223

Application was received for license to operate branch office at:

9001 Jane St., Concord, Ontario, L4K 2M6, Canada

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

October 21, 2024 (SF-LFS)
BMW FINANCIAL SERVICES NA, LLC D/B/A ALPHERA FINANCIAL SERVICES   
300 Chestnut Ridge Road, Woodcliff Lake, Bergen, New Jersey, 07677.  

Notification received for a change of main address from 300 Chestnut Ridge Road, Woodcliff Lake, New Jersey, 07677 to 200 BMW Drive, Woodcliff Lake, New Jersey, 07677.  

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.

October 30, 2024 (bp-LFS)
GREENPATH, INC.  
36500 Corporate Drive, Farmington Hills, MI 48331

Applications were received for licenses to engage in business as a budget planner at the following branch locations:

• 20 North Wacker Drive, Suite 1631, Chicago, IL 60606
• 2470 Collingwood St., Suite 205, Detroit, MI 48206
• 2465 Executive Park Blvd., Fairborn, OH 45324
• 8751 Commodity Circle, Suite 6, Orlando, FL 32819
• 1 IKEA-RBFCU Parkway, Office Space 184, Live Oak, TX 78233
• 8031 West Center Rd., Suite 225, Omaha, NE 68124
• 89 Hermitage Ave., Nashville, TN 37210

The publication of receipt of this notification does not indicate that the applications are deemed complete.   

Applications are deemed complete when all required and requested information has been provided to the Department by the licensee.
_____________________________________________________________________________________

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.

SECTION II

November 1, 2024 (FR-FWB)
DEUTSCHE PFANDBRIEFBANK AG 
Parkring 28, 85748 Garching, Germany

The Department interposes no-objection to the notification, pursuant to Section 221-e of the Banking Law, of the relocation of the representative office from 330 Madison Avenue, Borough of Manhattan, City of New York 10017 to 31 West 27th Street, Borough of Manhattan, City of New York 10001.

November 6, 2024 (TM-LFS)
MERCARI, INC. 
3000 El Camino Real, Suite 5-150, Palo Alto, California 94306

Application for the change of headquarter location from 3101 Park Blvd., Suite 01-103, Palo Alto, California 94306 to 3000 El Camino Real, Suite 5-150, Palo Alto, California 94306 was approved effective November 6, 2024.

November 5, 2024 (bp-LFS) 
MONEY MANAGEMENT INTERNATIONAL, INC.  
12603 Southwest Freeway, Suite 450, Stafford, Texas, 77477    

The relocation of a branch office was approved as follows, effective October 1, 2024: 

From:    1501 Broadway, 12th Floor, Office 12021, New York, NY 10036 
To:         104 West 40th Street, #516, New York, NY 10018

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

November 5, 2024 (MB-MBD)
Full Service Branch
General Mortgage Capital Corporation
1981 Lincoln Hwy, 1st Floor, Edison, NJ 08817

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

November 1, 2024 (MB-MBD)
Associated Mortgage Bankers, Inc.
2900 Westchester Avenue, Suite 107, Purchase, NY 10577
Effective Date: October 9, 2024

November 1, 2024 (MB-MBD)
CMG Mortgage, Inc.
2825 Eastlake Avenue, Suite 210, Seattle, WA 98102
Effective Date: October 18, 2024

November 4, 2024 (MB-MBD)
UNMB Home Loans Inc.
2 Omni Ct., 2nd. Floor, Unit 2L, New City, NY 10956
Effective Date: October 10, 2024

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

November 1, 2024 (BR-MBD)
Hornet Holdings, LLC
401 Park Avenue South, Suite 870, New York, NY 10016
Effective Date: August 14, 2024

Mortgage Banker License Address Changes:
 

November 5, 2024 (MB-MBD)
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
REMN Wholesale
From: 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830
To: 99 Wood Avenue South, Suite 301, Iselin, NJ 08830

Mortgage Banker Branch License Address Changes:

October 31, 2024 (MB-MBD)
Movement Mortgage, LLC
From: 496 Bramson Court, Ste 200, Mount Pleasant, SC 29464
To: 363 Wando Place Drive, Suite 100, Mount Pleasant, SC 29464

November 6, 2024 (MB-MBD)
Everett Financial, Inc.
From: 5385 Main Street, Suite 1, Williamsville, NY 14221
To: 6325 Sheridan Drive, Suite 1, Buffalo, NY 14221

November 6, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
From: 5 Fairlawn Drive, Suite 106, Washingtonville, NY 10992
To: 88 Old Route 9W, Suite 100, New Windsor, NY 12553

November 6, 2024 (MB-MBD)
Funding Resources Mortgage Corporation
From: 2376 60th Street, Suite 3, Brooklyn, NY 11204
To: 2980 Quentin Road, Suite 7, Brooklyn, NY 11229

November 6, 2024 (MB-MBD)
Homestead Funding Corp.
From: 1253 Park Street, Suite UE8, Clearwater, FL 33756
To: 1990 Main Street, Suite 750 Office 781, Sarasota, FL 34236

November 6, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
From: 127-16 14th Ave, Suite A, College Point, NY 11356
To: 61 Greenpoint Ave, #310, Brooklyn, NY 11222

November 6, 2024 (MB-MBD)
Guaranteed Rate, Inc.
From: 307 Waverley Oaks Road, Ste 409, Waltham, MA 02452
To: 271 Waverley Oaks Road, Suite 306, Waltham, MA 02452

Mortgage Loan Servicer Branch Certificate Address Changes:
 

October 31, 2024 (MLS-MBD)
LoanCare, LLC
From: 601 Riverside Ave., Building 5, 3rd Floor, Jacksonville, FL 32204
T0: 601 Riverside Ave., Building 5, 5th Floor, Jacksonville, FL 32204