Weekly Banking Bulletin
January 19, 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:
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 |
LP | Limited Purpose Trust Company | 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 |
RID | Research and Innovation Division |
SECTION I
January 10, 2024 (pf-LFS)
STETSON INSURANCE FUNDING, LLC
180 N. Stetson Avenue, Suite 4600, Chicago, Illinois 60601
A notification was received for the relocation of the main office, as follows:
From: 180 N. Stetson Avenue, Suite 4600, Chicago, Illinois 60601
To: 155 North Wacker Drive, Suite 4000, Chicago, Illinois 60606
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:
January 11, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
1230 W. Morehead St., Unit 108, Charlotte, NC 28208
January 16, 2024 (MB-MBD)
Full Service Branch
United Mortgage Corp.
95 Merrick Road, Baldwin, NY 11510
January 16, 2024 (MB-MBD)
Full Service Branch
Everett Financial, Inc.
1600 Route 22 East, Suite 312, Union, NJ 07083
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
1415 Hooper Avenue, Suite 202, Toms River, NJ 08753
January 17, 2024 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
1238 Pleasantville Road Suite A, Briarcliff, NY 10510
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
15 Merrick Avenue Ste # 222, Merrick, NY 11566
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
651 Willowbrook Rd. Ste.102, Staten Island, NY 10314
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
71 East Ave. Ste O, Norwalk, CT 06851
January 17, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
664 Tire Hill Road, Johnstown, PA 15905
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
31 E Ridgewood Ave. Ofc. #3 3rd Floor, Ridgewood, NJ 07450
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
259 Park Ave. Unit A, Worcester, MA 01609
January 17, 2024 (MB-MBD)
Full Service Branch
Rocket Mortgage, LLC
6257 State Route 31, Suite 2, Cicero, NY 13039
January 17, 2024 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
46 South Broadway, Suite 102, Nyack, NY 10960
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
45 East Main Street, Holmdel, NJ 07733
January 17, 2024 (MB-MBD)
Full Service Branch
New American Funding, LLC
2810 Coliseum Centre Dr, Suite 500, Charlotte, NC 28217
January 17, 2024 (MB-MBD)
Full Service Branch
1st Priority Mortgage, Inc.
570 Taxter Road, Suite 290, New York, NY 10523
Application to establish a Mortgage Broker's Branch received for examination:
January 11, 2024 (BR-MBD)
Full Service Branch
Quintessential Mortgage Group, LLC
11 Broad Street, Suite 3A, Glens Falls, NY 12801
Application received pursuant to Section 594-b of the New York Banking Law and Part 418 of the Superintendent's Regulations for a control interest:
January 17, 2024 (MS-MBD)
Applicant(s)
Computershare Mortgage Services Inc
NRZ MBN Issuer Holdings LLC
Rithm Capital Corp.
Rithm Mtg Acquisition LLC
Specialized Loan Servicing Holdings LLC
To acquire interest in:
Specialized Loan Servicing LLC
6200 S. Quebec St., Suite 300, Greenwood Village, CO 80111
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 |
---|---|---|---|---|
September 21, 2023 | 1594778 | Syed N. Hasib | Elmont | New York |
October 2, 2023 | 2034032 | Jingbo Sun | Bronx | New York |
October 23, 2023 | 2536664 | Mathew John Warren | Camillus | New York |
December 20, 2023 | 114850 | John Christopher Latsko | Royersford | Pennsylvania |
January 2, 2024 | 1302011 | Michael Schicchi | Brooklyn | New York |
January 4, 2024 | 1068399 | Eric Jason Attina | Greenlawn | New York |
January 5, 2024 | 424901 | Leonard Murphy | Staten Island | New York |
January 5, 2024 | 1474052 | Arlene Ramirez | Coram | New York |
January 9, 2024 | 2051848 | Adam Joseph Tutts | Indianapolis | Indiana |
January 9, 2024 | 2350212 | Paul Anthony Yagual | Brooklyn | New York |
January 10, 2024 | 488784 | Carol Ann Doyle | North Bellmore | New York |
January 10, 2024 | 2518121 | Orling Antonio Diaz Corea | Boca Raton | Florida |
January 11, 2024 | 269128 | David Robert Rangel | Rancho Santa Margarita | California |
January 15, 2024 | 53458 | Nancy Morgan Robustelli | Stamford | Connecticut |
SECTION II
January 3, 2024 (CCC-LFS)
ACTION CHECK CASHING CORP.
8136 Baxter Avenue, Elmhurst, NY 11373
The licenses to engage in business as a casher of checks at the following locations have been surrendered, effective October 4, 2023.
Branch office locations:
- Licensed main office at 4729 White Plains Road Bronx, NY 10470
- Full-service branch at 9716 Church Ave, Brooklyn NY 11212
January 3, 2024 (CC-LFS)
ACTION CHECK CASHING CORP.
8136 Baxter Avenue, Elmhurst, NY 11373
The license to engage in business as a casher of checks at the following location has been surrendered, effective October 4, 2023:
Main office: 8136 Baxter Avenue, Elmhurst NY 11373
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
January 16, 2024 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
2050 South Clinton Avenue, Suite A, Rochester, NY 14618
Application approved pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for a control interest:
January 16, 2024 (BR-MBD)
Applicant(s)
Shane D. Latza
To acquire interest in:
Maple Tree Funding LLC
1202 Troy Schenectady Road, Building 3, Latham, NY 12110
Certificate to engage in the business of a Mortgage Broker surrendered:
January 16, 2024 (BR-MBD)
Certified Mortgage Inc.
880 Third Avenue, 14th Floor, Suite 30, New York, NY 10022
Effective Date: December 14, 2023
License to engage in the business of a Mortgage Banker Branch surrendered:
January 16, 2024 (MB-MBD)
United Mortgage Corp.
19 South Main Street Rear Building, Office A1, Yardley, PA 19067
Effective Date: January 10, 2024
January 16, 2024 (MB-MBD)
CMG Mortgage, Inc.
106 7th Street, Suite 203, Garden City, NY 11530
Effective Date: January 10, 2024
January 16, 2024 (MB-MBD)
Norwich Commercial Group, Inc.
6 Greenmanville Avenue, Unit 3, Mystic, CT 06355
Effective Date: November 3, 2023
January 17, 2024 (MB-MBD)
PennyMac Loan Services, LLC
2301 West Plano Parkway, Suite 300, Plano, TX 75075
Effective Date: November 29, 2023
January 17, 2024 (MB-MBD)
Rocket Mortgage, LLC
569 Uniondale Avenue, Uniondale, NY 11553
Effective Date: December 22, 2023
January 17, 2024 (MB-MBD)
Guaranteed Rate, Inc.
21 Main Street, 1st Floor, Suite B, Bradford, PA 16701
Effective Date: January 11, 2024
January 17, 2024 (MB-MBD)
Rocket Mortgage, LLC
99 Orange Avenue, Suffern, NY 10901
Effective Date: December 22, 2023
Mortgage Banker Name Change(s):
January 17, 2024 (MB-MBD)
From: New American Funding In Lieu of Broker Solutions, Inc.
To: New American Funding, LLC
Mortgage Banker Branch License Address Changes:
January 11, 2024 (MB-MBD)
Homestead Funding Corp.
From: 8502 Seneca Turnpike, New Hartford, NY 13413
To: 1707 Oriskany Street W, Unit 110, Utica, NY 13502
January 17, 2024 (MB-MBD)
Cliffco, Inc.
From: 12-52 Clintonville Street, Suite 201, Whitestone, NY 11357
To: 3265 Merrick Road, Wantagh, NY 11793