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 |