Weekly Banking Bulletin

July 7, 2023

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:

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

SB

Savings Bank

FR

Foreign Representative Office

SD

Safe Deposit Company

HC

Holding Company

SF

Sales Finance Agency

IC

Investment Company

SL

Savings and Loan Association

LL

Licensed Lender

SL

Student Loans

MK

Merchant Bank

TM

Transmitter of Money

MI

Miscellaneous

TR

Trust Company

   

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

June 27, 2023 (TM-LFS)
CHOICE MONEY TRANSFER, INC. D/B/A SMALL WORLD FINANCIAL SERVICES GROUP
560 Sylvan Avenue, Englewood Cliffs, New Jersey 07632

Notification received for the change of location from 560 Sylvan Avenue, Englewood Cliffs, New Jersey 07632 to 70 Grand Avenue, Suite 104, River Edge, New Jersey 07661.  

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 29, 2023 (TM-LFS)
TIPALTI, INC. DBA TIPALTI 
1051 E. Hillsdale, Suite 600, Foster City CA, 94404

Notification received for discontinuance of the dba Tipalti.

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.


July 5, 2023 (TM-LFS)
TRANSFERMATE, INC.   
333 North Michigan Ave Suite 2415, Chicago, Illinois, 60601

Notification received for the change of location from 333 North Michigan Ave, Suite 2415, Chicago, Illinois, 60601 to 333 North Michigan Ave, Suite 915, Chicago, Illinois, 60601

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.


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

June 29, 2023 (MB-MBD)
Full Service Branch
American Neighborhood Mortgage Acceptance Company LLC
50 Charles Lindbergh Blvd, 5th Floor Suite 503, Uniondale, NY 11553

July 5, 2023 (MB-MBD)
Full Service Branch
Nationstar Mortgage LLC
2000 N Classen Blvd., Suite N3400, Oklahoma City, OK 73106


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 # Applicant Name City State
November 23, 2022 1391604 Jason Jay Middle Orange Park Florida
January 31, 2023 1295364 Jason Jiang Brooklyn New York
June 7, 2023 62832 Hector Perez Woodbury Connecticut

SECTION II

July 3, 2023 (CC-LFS)
HILTON CHECK CASHING CORP.
116 A Fulton Ave. Hempstead NY 11550

The license to engage in business as a casher of checks at the following location has been surrendered, effective March 31, 2023:

Branch office:  400D Fulton Ave. Hempstead NY 11550


July 5, 2023 (BK – CRB)

AMERASIA BANK

41-06 Main Street, Flushing, NY 11355

The Superintendent’s final approval of the “Certificate of Amendment of the Organization Certificate of Amerasia Bank under Section 8005 of the Banking Law” was granted.

The amendment provides for the authorization of 800,000 shares of blank check preferred stock at par value of $10.00 per share.


Check Casher Change of Control Application approval, corrected July 7, 2023 to read as follows:

FROM:
March 3, 2022 (CC-LFS)
DAVID’S MONEY CENTERS OF THE BRONX, LLC.
3015 Third Avenue, Bronx, NY 10455

Application for change of control filed by David’s Money Centers of the Bronx, LLC. whereby it will purchase the assets owned and operated by U-Rove Check Cashing, Inc., located at 1529 Flatbush Avenue, Brooklyn NY 11210 was approved.

TO:
March 3, 2023 (CC-LFS)
DAVID’S MONEY CENTERS OF THE BRONX, LLC.
3015 Third Avenue, Bronx, NY 10455

Application for change of control filed by David’s Money Centers of the Bronx, LLC. whereby it will purchase the assets owned and operated by U-Rove Check Cashing, Inc., located at 1529 Flatbush Avenue, Brooklyn NY 11210 was approved.


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

June 29, 2023 (MB-MBD)
Sun West Mortgage Company, Inc.
91 South Street, First Floor, Suite B, Danbury, CT 06810
Effective Date: June 28, 2023


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

June 30, 2023 (MS-MBD)
Servis One, Inc.
7505 Irvine Center Drive, Suite 200, Irvine, CA 92618
Effective Date: June 5, 2023


Mortgage Banker Branch License Address Changes:

June 29, 2023 (MB-MBD)
Meadowbrook Financial Mortgage Bankers Corp.
From: 2255 Glades Road, Suite 324A, Boca Raton, FL 33431
To: 123 NW 13th Street, Suite 220, Boca Raton, FL 33432


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 # Applicant Name City State Sponsoring Entity
June 30, 2023 64819 George Thomas Bronx New York

Green Street Capital, LLC

June 30, 2023 179569 Christopher Burr Miller Lutherville Maryland

First Alliance Home Mortgage, LLC

June 30, 2023 193138 John Nicholas Giordano Wappingers Falls New York

Quintessential Mortgage Group, LLC

June 30, 2023 208209 Daniel Guzman Commack New York

Movement Mortgage, LLC

June 30, 2023 214116 Ruben Raul Ruano Azusa California

PennyMac Loan Services, LLC

June 30, 2023 254317 Mark Stephen Richards Fair Lawn New Jersey

Fairway Independent Mortgage Corporation

June 30, 2023 346594 Marlon Kevin John Mineola New York

Meadowbrook Financial Mortgage Bankers Corp.

June 30, 2023 410156 Fechner Stecker Suffern New York

American Financial Network, Inc.

June 30, 2023 493493 Edward Correa Forest Hills New York

CrossCountry Mortgage, LLC

June 30, 2023 600671 Roberto T. Navarro Plantation Florida

Quintessential Mortgage Group, LLC

June 30, 2023 694821 Jesse Arias Fate Texas

Carrington Mortgage Services, LLC

June 30, 2023 1113017 Michelle Mesi Amherst New York

Nickel City Funding, Inc.

June 30, 2023 1429490 Alyssa Christine Meloni Manassas Virginia

Draper and Kramer Mortgage Corp.

June 30, 2023 1657042 Marilynne R. Burchard Columbia Cross Roads Pennsylvania

Norwich Commercial Group, Inc.

June 30, 2023 1872495 Jieyu Jin Baltimore Maryland

Freedom Mortgage Corporation

June 30, 2023 1903975 Johana Helena Farrar Washoe Valley Nevada

Figure Lending LLC

June 30, 2023 1936198 Gregory King Valley Stream New York

Cliffco, Inc.

June 30, 2023 1967191 Luis Chapal Clifton New Jersey

Fairway Independent Mortgage Corporation

June 30, 2023 2007127 Wendy Chiu Brooklyn New York

Pham & Partners LLC

June 30, 2023 2040276 Jennifer Christine Hanchey Mesa Arizona

Rocket Mortgage, LLC

June 30, 2023 2091688 David Merle Larsen Hewitt New Jersey

Quintessential Mortgage Group, LLC

June 30, 2023 2159443 Rebecca Petrescu Eastchester New York

Meadowbrook Financial Mortgage Bankers Corp.

June 30, 2023 2222219 Christie Rose Alotta Wading River New York

Hartford Funding, Ltd.

June 30, 2023 2312637 Berny Del Carmen Vega Highland Mills New York

East Coast Capital Corp.

June 30, 2023 2378958 Thomas Mims Webster New York

American Neighborhood Mortgage Acceptance Company LLC

June 30, 2023 2421335 Terri Anne Kenesia Williams Howard Beach New York

US Mortgage Corporation

June 30, 2023 2424816 Armaan Prem Ganshani Melville New York

United Mortgage Corp.

June 30, 2023 2447488 Luis Daniel Mascareno Ridgewood New York

Sunquest Funding LLC

June 30, 2023 2469250 Dani Mullaev Fresh Meadows New York

TCB Funding LLC, dba TCB Consults

June 30, 2023 2471187 Kavar Foster Dix Hills New York

Cardinal Financial Company, LP


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 # Applicant Name City State
June 30, 2023 1930877 Curtis James Wakely Silver Lake Ohio
June 30, 2023 2088210 Eduardo Ernesto Flores-Martinez Peoria Arizona
June 30, 2023 2137976 Benyamin Sandel Monroe New York