Weekly Banking Bulletin

March 29, 2019

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

March 12, 2019 (PF-LFS)
IPFS OF NEW YORK, LLC
1055 Broadway, 11th Floor, Kansas City, Missouri 64105

A notification was received in connection with the relocation of a branch office, as follows:

From:     857 Elkridge Landing Road, Suite 620, Linthicum, Maryland 21090
To:          999 Corporate Boulevard, Suite 105, Linthicum, Maryland 21090

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.


March 25, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Notice of intention to establish an electronic facility (automated teller machine) at Rutter's Farm Store #96, 20 Commerce Drive, Milroy, Armagh Township, Mifflin County, Pennsylvania 17063, received.


March 26, 2019 (BP- LFS)
CONSOLIDATED CREDIT SOLUTIONS, INC.
5701 W. Sunrise Blvd., Suite 100, Fort Lauderdale, FL 33313

An application was received in connection with the addition of an assumed name as follows:

From:  Consolidated Credit Solutions, Inc.
To:  Consolidated Credit Solutions, Inc. DBA Consolidated Credit

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 licensee.


March 28, 2019 (CM-TR)
INVESCO LTD.
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA 30309

Application, pursuant to Section 143-b of the New York Banking Law, to acquire indirect control of OFI Global Trust Company, New York, NY, received.


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

March 21, 2019 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2271 Route 33, Suite 106, Hamilton, NJ 08690

March 26, 2019 (MB-MBD)
Full Service Branch
Finance of America Mortgage LLC
3028 E. Tremont Avenue, Ste. A, Bronx, NY 10461


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 NO. NAME OF APPLICANT CITY STATE

November 20, 2018

1714272

McHenry Francois

Kew Gardens Hills

New York

December 17, 2018

381326

Fernando Mauricio Ordonez

Aventura

Florida

January 8, 2019

66857

Mark David White

Clifton Park

New York

January 10, 2019

796876

Sarah Mary Marvin

Watertown

New York

January 14, 2019

1772402

Michele Lin

Flushing

New York

January 18, 2019

1085606

Tzuchun Chen

Flushing

New York

January 21, 2019

1708097

Benjamin Daniel Rievert

Hollywood

Florida

January 22, 2019

1741096

Moshe David Glauber

Monsey

New York

January 31, 2019

116734

Ivy Kwan Lee Seto

Las Vegas

Nevada

February 4, 2019

1778686

Alonzo William Harris

Pittsburgh

Pennsylvania

February 13, 2019

16764

Edward William Zolkos

Johnston

Rhode Island

February 15, 2019

105220

Udit Meetoo

Woodhaven

New York

February 19, 2019

38392

Brian John Devlin

Mount Laurel

New Jersey

February 19, 2019

1013644

Kelly Thomas Heisler

Keller

Texas

February 19, 2019

1795391

Sonya Marie Pellitier

Newington

Connecticut

February 20, 2019

805033

Charles L. Baez

Queens Village

New York

February 20, 2019

1510467

Jorge Luis Zuzunaga Del Pino

Rockville

Maryland

February 28, 2019

1200235

Sotirios N. Koumoudis

Dundalk

Maryland

March 8, 2019

58554

Scott Van Stewart

San Antonio

Texas

March 8, 2019

114663

Lisa Jenusaitis Long

Cromwell

Connecticut

March 8, 2019

1076909

Aurel Pjepi

Jacksonville

Florida

March 8, 2019

1818831

Michael James Gallagher

Towson

Maryland

March 10, 2019

1805891

Samuel Hershkovitz

Brooklyn

New York

March 11, 2019

1830011

Malcolm David Marcelle

Baldwin

New York

March 12, 2019

1821038

Tara Lynn Sparacio

Commack

New York

March 13, 2019

990604

Jason Anthony Edwards

Irvine

California

March 14, 2019

869344

Gregg Michael Acquista

Midlothian

Virginia

March 14, 2019

1730073

Barry Francis Teague

Avon

Indiana

March 19, 2019

920899

Beate Linde Edwards

Jacksonville

Florida

March 19, 2019

1192455

Sara Lynn St. John

Indianapolis

Indiana

March 19, 2019

1754340

Brandon Charles Ronan

Jacksonville

Florida

March 19, 2019

1771461

Ronald John Bica

Canton

Michigan

March 20, 2019

608260

Christopher Elliot Johnson

Carmel

Indiana

March 20, 2019

957222

Michael Dane Peterson

Indianapolis

Indiana

March 21, 2019

21386

Timothy Scott Munsell

Ponte Vedra

Florida


SECTION II

March 20, 2019 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch offices at the following 10 locations will not result in a significant reduction of banking services in the communities to be affected:

  1. 610 Broadhollow Road, Melville, Suffolk County, New York 11747
  2. 478 Fifth Avenue, Borough of Brooklyn, City of New York 11215
  3. 400 West Main Street, Suite 100, Babylon, Suffolk County, New York 11702
  4. 30-75 Steinway Street, Astoria, Borough of Queens, City of New York 11103
  5. 107-40 Queens Boulevard, Forest Hills, Borough of Queens, City of New York 11375
  6. 38-07 Junction Boulevard, Corona, Borough of Queens, City of New York 11368
  7. 41-60 Main Street, Flushing, Borough of Queens, City of New York 11355
  8. 15-01 College Point Boulevard, College Point, Borough of Queens, City of New York 11356
  9. 57-32 Myrtle Avenue, Ridgewood, Borough of Queens, City of New York 11385
  10. 116-13 Liberty Avenue, South Richmond Hill, Borough of Queens, City of New York 11419.

March 22, 2019 (TM-LFS)
TEMPO FINANCIAL US CORP. D/B/A I-TRANSFER
1510 W Canal Court, Suite 1000, Littleton, Colorado 80120

License to engage in business as a licensed money transmitter company is surrendered.


March 25, 2019 (MI-CRB)
NOAH BANK
7301 Old York Road, Elkins Park, PA 19027

Authorization issued to open and occupy a branch office at 350 North Broadway, Unit 352, Jericho, Nassau County, NY 11753, on or after March 26, 2019.


March 26, 2019 (TR-CRB)
HABIB AMERICAN BANK
99 Madison Avenue, New York, NY 10016

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at WW Tower, 68 Motijheel Commercial Area, Dhaka-1000, Bangladesh.


March 26, 2019 (PF-LFS)
NATIONAL PARTNERS PFCO OF NEW YORK, LLC
1550 Wewatta Street, 2nd Floor, Denver, Colorado 80202

The company license to engage in business as a premium finance agency was surrendered, effective February 6, 2019.


March 27, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at 2968 Delaware Avenue, Kenmore, Erie County, New York 14217.


March 27, 2019 (BP-LFS)
MONEY MANAGEMENT INTERNATIONAL, INC.
14141 Southwest Freeway, Sugar Land, TX 77478

A license was issued to reflect the correction of a branch office address, as follows: 

From:  2401 West Peoria Avenue, Suite 100, Phoenix, AZ 85029
To:  2401 West Peoria Avenue, Suite 120, Phoenix, AZ 85029


March 28, 2019 (TM-LFS)
WORLD FIRST USA, INC.
206 E. 9th Street, Suite 1900, Austin, Texas 78701

License to engage in business as a money transmitter company was surrendered effective January 29, 2019.


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

March 26, 2019 (MB-MBD)
Full Service Branch
Residential Mortgage Services, Inc.
318 South River Road, Bedford, NH 03110

March 26, 2019 (MB-MBD)
Full Service Branch
Allied Mortgage Group, Inc.
3004 Middletown Road, Street Level, Bronx, NY 10461

March 26, 2019 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
1053 Morris Park Avenue, Store Front, Bronx, NY 10461

March 26, 2019 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
16675 Addison Road, 1st Floor, Suite 100-A, Addison, TX 75001


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

March 21, 2019 (MB-MBD)
Syracuse Securities, Inc.
8469 Seneca Turnpike, Suite #303, New Hartford, NY 13413
Effective Date: March 21, 2019

March 22, 2019 (MB-MBD)
Intercontinental Capital Group, Inc. D/B/A Fellowship Home Loans
340 East Big Beaver Road, Troy, NY 48084
Effective Date: September 13, 2017

March 22, 2019 (MB-MBD)
NJ Lenders Corp. D/B/As:
Home Owners Mortgage Express
Silver Bay Lending
270 Route 9 North, Suite 600 Second Floor Office, Manalapan, NJ 07726
Effective Date: March 22, 2019


Mortgage Banker License Name Changes:

March 22, 2019 (MB-MBD)
From: New Penn Financial, LLC D/B/As:
Rate 30
Shellpoint Mortgage Servicing

To: NewRez LLC D/B/As:
Rate 30
Shellpoint Mortgage Servicing


Mortgage Banker License Address Changes:

March 21, 2019 (MB-MBD)
Paragon Home Loans Inc.
From: 5010 Campuswood Drive, Suite 205, East Syracuse, NY 13057
To: 225 Greenfield Pkwy, Suite 207, Liverpool, NY 13088


The following registered Mortgage Broker has entered into a Settlement Agreement with the Department on March 6, 2019 in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle the violations of Part 38.3(a) the General Regulations of the Superintendent for failure to provide the required pre-application disclosures; Section 591-a(2) of the New York Banking Law for the use of unauthorized domain names; Part 410.7(a) for failure to properly maintain books and records; Part 410.7(f) for failure to maintain HUD-1 copies; Part 410.14(a) for failure to maintain adequate MLO surety bond coverage; Part 420.15(a) of the Superintendent’s Regulations for failure as a mortgage loan originator to maintain a surety bond; Part 420.15(b) of the Superintendent’s Regulations for failure to maintain the required penal amount of individual surety bond coverage. The Settlement Agreement terms and conditions include a fine of $10,000.

March 27, 2019 (BR-MBD)
Approved Credit Services, Inc. 
2572 Erie Boulevard, East Syracuse, NY 13224


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 NO. NAME OF APPLICANT CITY STATE

March 8, 2019

1387439

Erik Benjamin Veroff

Phoenix

Arizona

March 11, 2019

180144

Daniel Charles McLaren

Warrington

Pennsylvania

March 11, 2019

234199

Kenneth James Lambourne

Avon

Ohio

March 11, 2019

908537

Laura Jean Cullen

Wappingers Falls

New York

March 11, 2019

1483162

Michael Adrian Acevedo

Tustin

California

March 11, 2019

1771415

Rachel Elizabeth Lock

White Lake

Michigan

March 12, 2019

1712100

Asia Sade Hyman

Philadelphia

Pennsylvania


Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York Banking Law.

DATE OF APPROVAL NMLS NO. NAME OF APPLICANT CITY STATE SPONSORING ENTITY

August 10, 2018

1748507

Daniel Thomas Wilson

Little Valley

New York

State Farm Bank, FSB

March 26, 2019

33348

Kelley Wells

Berea

Ohio

Quicken Loans Inc.

March 26, 2019

44377

Sharona BenShabat

Hollis Hills

New York

Coltrain Funding Group LLC

March 26, 2019

69072

Eliyahu T. Rosenberg

Brooklyn

New York

FM Home Loans, LLC

March 26, 2019

121572

Kenneth Byron Henry

Brookhaven

Pennsylvania

NewRez LLC

March 26, 2019

331766

Ivor Maguel Samilton

Sacramento

California

American Advisors Group, Inc.

March 26, 2019

410019

Jamin Romano

Yorktown Heights

New York

loanDepot.com, LLC

March 26, 2019

410195

Peter A. Alongi

Syosset

New York

Everett Financial, Inc.

March 26, 2019

536228

James Thomas Crowley

Little Elm

Texas

Everett Financial, Inc.

March 26, 2019

763608

Alison L. Dennin

Troy

New York

CCFCU Funding, LLC

March 26, 2019

813609

Shareese Rene Shorter

Royal Oak

Michigan

Quicken Loans Inc.

March 26, 2019

897246

Neil Orozco

Rancho Mission Viejo

California

loanDepot.com, LLC

March 26, 2019

933382

Daniel Lynch

Holbrook

New York

Reliant Home Funding, Inc.

March 26, 2019

1034776

Michael Cuomo

Wallingford

Connecticut

Warshaw Capital, LLC

March 26, 2019

1284270

Alex Matthew Puckett

Novi

Michigan

Quicken Loans Inc.

March 26, 2019

1552662

Brian Joseph Roth

Ronkonkoma

New York

Meadowbrook Financial Mortgage Bankers Corp.

March 26, 2019

1585131

Milad Fikrat Romaya

West Bloomfield

Michigan

loanDepot.com, LLC

March 26, 2019

1587863

Jacquelin M. Colon

Elizabeth

New Jersey

CrossCountry Mortgage, Inc.

March 26, 2019

1639561

Chene Michael Calamita

Roseville

Michigan

One Reverse Mortgage, LLC

March 26, 2019

1644282

Nicholas Vaglica

Hicksville

New York

Nationwide Equities Corporation

March 26, 2019

1659640

Kelly Pierre

El Dorado Hills

California

American Advisors Group, Inc.

March 26, 2019

1675478

Deonna Sarah-Octavia LeDuff

Pontiac

Michigan

Quicken Loans Inc.

March 26, 2019

1687613

Conor James Molloy

Harper Woods

Michigan

Quicken Loans Inc.

March 26, 2019

1699588

Tiffany Natasha Sime

Paterson

New Jersey

American Neighborhood Mortgage Acceptance Company, LLC

March 26, 2019

1717116

Jelani Michael Keller

Sacramento

California

American Advisors Group, Inc.

March 26, 2019

1720325

Brianna Marie Reid

Harrison Township

Michigan

Quicken Loans Inc.

March 26, 2019

1743392

Miguel Isaza

Lindenhurst

New York

Associated Mortgage Bankers, Inc.

March 26, 2019

1762093

Thomas Frank Galarza

Commack

New York

Meadowbrook Financial Mortgage Bankers Corp.

March 26, 2019

1763770

Alfredo David Guerra

Dearborn Heights

Michigan

Quicken Loans Inc.

March 26, 2019

1771051

Alvin Walid Musa

Troy

Michigan

Quicken Loans Inc.

March 26, 2019

1771131

John Patrick Hanley

Detroit

Michigan

Quicken Loans Inc.

March 26, 2019

1771404

Evan Michael Fiscus

Hamtramck

Michigan

Quicken Loans Inc.

March 26, 2019

1771537

Ronkay Kelon Griffith

Brooklyn

New York

Contour Mortgage Corporation

March 26, 2019

1771822

Nampetch Thephassadin Na Ayuthaya

New York

New York

Guaranteed Rate, Inc.

March 26, 2019

1787910

Ryan Thomas Wiberly

East Setauket

New York

Interstate Home Loan Center, Inc.

March 26, 2019

1787912

Ashvin Valliappan

Huntington

New York

Interstate Home Loan Center, Inc.

March 26, 2019

1794675

Jesse Louis Glick

Russell

Ohio

Quicken Loans Inc.

March 26, 2019

1797906

Simone Heather Alhalabi

Eatontown

New Jersey

Advisors Mortgage Group, LLC

March 26, 2019

1806819

Rahel B. Feerow

Dallas

Texas

Nationstar Mortgage LLC

March 26, 2019

1822747

Alfred James Alcasid

Staten Island

New York

Agent Funding & Abstract LLC

March 27, 2019

1570746

Sarah Christine Tell

Lake Forest

California

United Mortgage Corp.