Weekly Banking Bulletin

August 25, 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

Mortgage Banker License Name Change Received:

August 18, 2023 (MB-MBD)
From: Ivy Mortgage, Inc.
To: Ivy Mortgage, Inc. D/B/A Ivy Direct


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

May 22, 2023

2432709

Joseph John Fiorentino

Batavia

New York

June 6, 2023

2247348

Amanjot Kaur

Queens Village

New York

July 6, 2023

2365192

Eric Przelski

Lutherville

Maryland

July 12, 2023

2483354

Harish Dilawri

Farmingdale

New York

July 20, 2023

1520142

Lei William Fang

Fresh Meadows

New York

August 4, 2023

1718581

Lawford Campbell

Bronx

New York

August 14, 2023

1222681

Ryan D. Musgjerd

Wilmette

Illinois

August 14, 2023

2503421

Ethan Spencer Cramer

Suffern

New York

August 16, 2023

576868

Domenico Vitulli

East Hanover

New Jersey

August 16, 2023

2341515

Luke Egdon Valdemoro

Euless

Texas

August 17, 2023

997581

Meghan Victoria Esteves

Monroe

Connecticut

August 17, 2023

2167010

Nadim H. Alemian

Tampa

Florida


SECTION II

August 17, 2023 (CC-LFS)
RIVER CITY MARKET, INC.
270 Main Mall, Poughkeepsie, Dutchess, New York 12601-3108

The licenses to engage in business as a casher of checks at the following locations have been surrendered, effective August 8, 2023:

Main office: 270 Main Mall, Poughkeepsie, Dutchess, New York 12601-3108
Branch office: 1582 Route 9, Suite #13, Wappingers Falls, Dutchess, New York 12590


August 18, 2023 (CC-LFS)
WESTERN NEW YORK CHECK SERVICES, LLC
675 Fillmore Avenue, Buffalo, NY 14212

The license to engage in business as a casher of checks at the following location has been surrendered, effective April 01, 2023: 

Main office: 675 Fillmore Ave., Buffalo, NY 14212

Effective April 1, 2023 Western NY Check Services, LLC is no longer authorized to conduct check cashing business in the State of New York.


August 21, 2023 (BP-LFS)
FAMILY FINANCIAL EDUCATION FOUNDATION
724 Front Street, Suite 340, Evanston, Wyoming 82930

The license to engage in business as a budget planner at the following location has been surrendered:
724 Front Street, Suite 340, Evanston, Wyoming 82930

Effective July 31, 2023, Family Financial Education Foundation is no longer authorized to conduct budget planner business in the State of New York.


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

August 22, 2023 (BR-MBD)
Brownstone Equity Group Inc.
670 Flushing Ave, Suite 311, Brooklyn, NY 11206


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

August 23, 2023 (MB-MBD)
American Advisors Group D/B/A AAG
18200 Von Karman Avenue, Suite 300, Irvine, CA 92612
Effective Date: August 23, 2023


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

August 22, 2023 (MB-MBD)
PHMC Mortgage
50 S U.S. Highway One, Suite 206, Jupiter, FL 33477
Effective Date: August 11, 2023

August 22, 2023 (MB-MBD)
Hunt Mortgage Corporation
800 Route 146, Suite 320, Clifton Park, NY 12065
Effective Date: August 14, 2023

August 22, 2023 (MB-MBD)
American Financial Network, Inc.
1727 Veterans Memorial Highway Suite 21, Islandia, NY 11749
Effective Date: August 17, 2023

August 23, 2023 (MB-MBD)
Guaranteed Rate, Inc.
27 Frost Lane, Lawrence, NY 11559
Effective Date: August 4, 2023

August 23, 2023 (MB-MBD)
Meadowbrook Financial Mortgage Bankers Corp.
123 NW 13th Street, Suite 220, Boca Raton, FL 33432
Effective Date: August 3, 2023

August 23, 2023 (MB-MBD)
Absolute Home Mortgage Corporation
342 Union Avenue, Rutherford, NJ 07070
Effective Date: August 11, 2023

August 23, 2023 (MB-MBD)
Planet Home Lending, LLC
3485 E. Tremont Avenue, Bronx, NY 10465
Effective Date: August 7, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
9711 Washingtonian Boulevard, Suite 550, Office 545, Gaithersburg, MD 20878
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
510 County Road 466, Suite 207 Office G, Lady Lake, FL 32159
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
4925 Buffalo Road, 2nd Floor, Erie, PA 16510
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
600 Townpark Lane, Suite #300, Kennesaw, GA 30144
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
58 South Service Road, Suite #210, Melville, NY 11747-2342
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
2150 Highway 35, Suite #250, Office #20, Sea Girt, NJ 08750
Effective Date: August 23, 2023

August 23, 2023 (MB-MBD)
Full Service Branch
American Advisors Group
18200 Von Karman Avenue, Suite 1000, Irvine, CA 92612
Effective Date: August 23, 2023


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

August 17, 2023 (MS-MBD)
LoanCare, LLC
4330 West Chandler Boulevard, Chandler, AZ 85226
Effective Date: August 3, 2023


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

August 23, 2023

363564

Hader Mahmoodi

Miami

Florida

MCM Holdings, Inc.


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

August 16, 2023

1901420

Silvano Gaxiola Heredia

Phoenix

Arizona

August 16, 2023

2488677

Whitney Farber

Fort Lauderdale

Florida

August 18, 2023

2088427

Nathanial David Pollard

Gilbert

Arizona

August 18, 2023

2451787

Jhonatan Arias Restrepo

Rego Park

New York

August 21, 2023

16415

Charles Cozad Bradford

North Palm Beach

Florida

August 23, 2023

1909806

Jake Anthony Clifford

West Islip

New York

August 23, 2023

2014263

Tyler Karim Mecate

La Habra

California

August 23, 2023

2100583

Tristan John Ciardelli

Hinsdale

Illinois