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New York State Department of Financial Services

Weekly Banking Bulletin

May 12, 2017

SECTION I

This section records the receipt of banking-related applications and notices to 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 ISSUED BY THE DEPARTMENT.

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning banking-related activities 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 below 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

BKBankMBMortgage Banker
BPBudget PlannerBRMortgage Broker
CCCheck CasherMLSMortgage Servicer
CUCredit UnionPFPremium Finance Agency
FAForeign AgencyPBPrivate Banker
FBForeign BranchSDSafe Deposit Company
FRForeign Representative OfficeSFSales Finance Agency
HCHolding CompanySLSavings and Loan Association
ICInvestment CompanySBSavings Bank
LLLicensed LenderTMTransmitter of Money
MKMerchant BankTRTrust Company
MIMiscellaneous VC Virtual Currency

Regulatory Unit Codes

CM Capital Markets
CRBCommunity and Regional Banks
CSDConsumer Services
FWBForeign and Wholesale Banks
LFSLicensed Financial Services
MBDMortgage Banking

SECTION I

May 4, 2017 (TR-CRB)
SOLVAY BANK
1537 Milton Avenue, Solvay, NY 13209

Application dated May 3, 2017, for permission to open and occupy a branch office at 197 Downer Street, Baldwinsville, Town of Van Buren, Onondaga County, NY 13027, received.

May 10, 2017 (SF-LFS)
VIEWTECH FINANCIAL SERVICES, INC.
4761 E. Hunter Avenue, Anaheim, Orange County, CA 92807

Notification received for change of headquarters from 4761 E. Hunter Avenue, Anaheim, Orange County, CA 92807 to 2900 North Loop West, 3rd Floor, Houston, Harris County, TX 77092.

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.

May 10, 2017 (SF-LFS)
VIEWTECH FINANCIAL SERVICES, INC.
4761 E. Hunter Avenue, Anaheim, Orange County, CA 92807

Notification received for a change of name from Viewtech Financial Services, Inc. to Spruce Lending, Inc.

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 applicant.

May 10, 2017 (SF-LFS)
VIEWTECH FINANCIAL SERVICES, INC.
4761 E. Hunter Avenue, Anaheim, Orange County, California, 92807

Application received for converting the following licensed headquarters to a licensed branch:

4761 E. Hunter Avenue, Anaheim, Orange County, California, 92807

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.

May 12, 2017 (TM-LFS)
BILL.COM, INC. D/B/A BDC PAYMENT SERVICES
1810 Embarcadero Road, Palo Alto, CA 94303

Application received for a license to engage in business as a Transmitter of Money.

The publication of receipt of this application does not indicate that the application is complete.  An application is deemed complete and filed when all required and requested information has been provided to the Department by the applicant.

Application to engage in the business of a Mortgage Banker under Article 12-D of the New York State Banking Law:

May 11, 2017 (MB-MBD)
Applicant(s)
IP III Blocker-I LP
IP III MORTGAGES CARRY LP
IP III Mortgages Blocker Inc.
MHR INSTITUTIONAL PARTNERS III LP
Planet Home Lending, LLC
321 Research Parkway, Meriden, CT 06450

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

May 4, 2017 (MB-MBD)
Full Service Branch
MLD Mortgage Inc. D/B/A Mortgage Lending Direct
The Money Store
161 Fort Evans Road, Suite 325, Leesburg, VA 20176

May 9, 2017 (MB-MBD)
Full Service Branch
Mortgage Research Center, LLC D/B/A VAMortgageCenter
Veteran Loan Center
Veterans United Home Loans
1101 Hutchens Drive, Columbia, MO 65203

Mortgage Banker License Name Change Received:

May 5, 2017 (MB-MBD)
Kwik Mortgage Corporation
Additional DBA: HOMELEND MORTGAGE

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 ID

Name of Applicant

City

State

September 13, 2016

1336718

Julie Elaine Morton

Jacksonville

Florida

January 6, 2017

1439380

Shimon Yisroel Stein

Brooklyn

New York

February 14, 2017

31304

Brice Joseph Sheppard

Islip

New York

February 15, 2017

1219267

Yitzchok Gluck

Lakewood

New Jersey

February 27, 2017

1557835

Salvatore Bartolotta

Kings Park

New York

March 7, 2017

1584254

Ryan John O'Donoghue

Albany

New York

March 9, 2017

1148059

Nicole Jolene Marshall

Placerville

California

March 21, 2017

1587772

Jorge Enrique Alvarado

Harrison

New York

March 31, 2017

1573777

Jason Lloyd Schwartz

Blue Point

New York

April 3, 2017

1596142

Joseph John Rao

New York

New York

April 3, 2017

51038

Layla Elan Corrochano

Bellmore

New York

April 4, 2017

172732

Andrew Christopher Varcoe

Gansevoort

New York

April 5, 2017

1078965

Christopher Alan Waters

Long Beach

California

April 7, 2017

1603671

Myles Jacob Huffman

China Twp.

Michigan

April 13, 2017

1224371

Anton Alexander Sumskoy

Bayville

New York

April 14, 2017

239859

Ida Garay Luna

Hacienda Heights

California

April 19, 2017

882260

Kristofer Damon Embler

Aliso Viejo

California

April 19, 2017

1597753

Edward James Kraus

North Bellmore

New York

April 19, 2017

1407414

Olaniyi Charles Opeseyitan

Allen

Texas

April 20, 2017

1012529

Tiffany Lee Sorbel

Southlake

Texas

April 20, 2017

1518159

Frank Salvatore DelMaestro

Massapequa Park

New York

April 20, 2017

1376691

Joe Anthony Solan

Montebello

New York

April 20, 2017

508503

Rita Rebollar

Garden Grove

California

April 21, 2017

363105

Craig L Hawkins

Costa Mesa

California

April 21, 2017

1529785

Hakeem Shantrell Collins

Hatfield

Pennsylvania

April 21, 2017

383921

Kenneth Todd Van Cleave

Avon Lake

Ohio

April 23, 2017

1600165

Marcel Robin

East Meadow

New York

April 24, 2017

207144

Justin Michael Teran

Foothill Ranch

California

April 24, 2017

808039

Sean Ronald Obusek

Ladera Ranch

California

April 24, 2017

1537074

Jorge Antonio Cervantes Gutierrez

Avondale

Arizona

April 24, 2017

1520461

Diana Marie Brunson

Rochester

New York

April 24, 2017

849021

Kyle Geoffrey Carey

San Clemente

California

April 25, 2017

1182897

Kathleen Theresa Nordaby

West Deptford

New Jersey

April 26, 2017

214956

Laura B Golnick

Painesville

Ohio

April 26, 2017

602080

Rodney M Melao

Clark

New Jersey

April 26, 2017

1609578

Dallas R Jones

Selkirk

New York

April 26, 2017

1506036

Lanfang Tian

Schenectady

New York

April 27, 2017

763689

Patrick J O'Connor

Clifton Park

New York

April 27, 2017

1617323

David Ralph Ramos

Orange

California

April 28, 2017

1518705

Robyn Donn Verne Marshall

Jersey City

New Jersey

May 1, 2017

410242

Jason Ferrante

Ridgewood

New Jersey

May 2, 2017

181803

Joyce Eileen Glandon

Baltimore

Maryland

May 2, 2017

888840

Rodney Rene Alonso

Frisco

Texas

May 2, 2017

321122

Charles Michael Hamaker

Fullerton

California

May 2, 2017

326746

Julie Marie Symes

Orchard Park

New York

May 2, 2017

1519960

Nicole Therese Sonnenfeld

Lake Forest

California

May 2, 2017

1509951

Michael Joseph Ricci

Oyster Bay

New York

May 3, 2017

1081688

Michael Louis Fleisher

Maple Shade

New Jersey

May 3, 2017

1603767

Joe Jehuda Lewo

Southfield

Michigan

May 3, 2017

393519

Chad Lee Simmons

Corona

California

May 3, 2017

1504051

Juan Manuel Ruben Martinez

Fullerton

California

May 3, 2017

1392638

Eric Peterson Allen

Laguna Niguel

California

May 3, 2017

1474543

Victor Alfonso Galvez

Norwalk

California

SECTION II

May 4, 2017 (SF-LFS)
MOREHOUSE FINANCE COMPANY LLC  
25 Progress Avenue, Seymour, CT 06483

License to engage in business as a sales finance company was surrendered.

May 5, 2017 (SB-CRB)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY 11385

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at Riverdale Riverfest, College of Mount Saint Vincent, 6301 Riverdale Avenue, Borough of Bronx, City of New York, 10471. 

(This is a mobile facility which will operate on June 11, 2017, and annually thereafter at the above event.)

May 5, 2017 (MI-CRB)
NEW MILLENNIUM BANK
222 Bridge Plaza South, Fort Lee, NJ 07024

Authorization issued to open and occupy a branch office at 312 Fifth Avenue, 3rd floor, Borough of   Manhattan, City of New York 10001, on or after May 6, 2017.

May 8, 2017 (TR-CRB)
AMALGAMATED BANK
275 Seventh Avenue, New York, NY 10001

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 1745 Broadway, Borough of Manhattan, City of  New York 10019, will not result in a significant reduction of banking services in the community to be affected.

May 8, 2017 (TR-CRB)
CHEMUNG CANAL TRUST COMPANY
One Chemung Canal Plaza, Elmira, NY 14901

Authorization issued to open and occupy a branch office at 2 Rush Street, Schenectady, Schenectady County, New York 12305, on or after May 9, 2017.

(The branch will operate under the name “Capital Bank, a division of Chemung Canal Trust Company.”)

May 9, 2017 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Authorization issued to open and occupy a branch office at 85 Broad Street, 10th Floor, Borough of Manhattan, City of New York 10004, on or after May 10, 2017.

(Banco Popular North America was previously authorized to operate a limited purpose branch at this location.) 

May 9, 2017 (SB-CRB)
DIME COMMUNITY BANK
209 Havemeyer Street, Brooklyn, NY 11211

Authorization issued to open and occupy a branch office at One Huntington Quadrangle, Melville, Town of Huntington, Suffolk County, NY 11747, on or after May 10, 2017.

May 12, 2017 (SF-LFS)
AQUA FINANCE, INC.
One Corporate Drive, Suite 300, Wausau, WI 54401

Application filed by Aqua Finance, Inc. to engage in business as a licensed sales finance company at the following location: One Corporate Drive, Suite 300, Wausau, WI 54401 was approved effective February 28, 2017.    

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

May 9, 2017 (BR-MBD)
RateBeat LLC
9400 Topanga Canyon Blvd., Suite 210, Chatsworth, CA 91311

May 9, 2017 (BR-MBD)
BMC Residential LLC
277 North Avenue, New Rochelle, NY 10801

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

May 10, 2017 (MB-MBD)
Full Service Branch
Intercontinental Capital Group, Inc.
155 Water Street, Suite #229, Brooklyn, NY 11201

May 10, 2017 (MB-MBD)
Full Service Branch
MCS Mortgage Bankers, Inc.
5230 York Road, First Floor, Doylestown, PA  18902

May 10, 2017 (MB-MBD)
Full Service Branch
FGMC In Lieu of First Guaranty Mortgage Corporation
5280 Corporate Drive, Suite B200, Frederick, MD 21703

May 10, 2017 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
7880 Gate Parkway, Suite 101, Jacksonville, FL 32256

May 10, 2017 (MB-MBD)
Full Service Branch
Family First Funding LLC
21 Bowling Green Parkway, Suite 203, Lake Hopatcong, NJ 07849

Certificate to engage in the business of a Mortgage Broker surrendered:

May 10, 2017 (BR-MBD)
Regency Fund One, Ltd.
One International Boulevard, Suite 215, Mahwah, NJ 07495
Effective Date: April 27, 2017

May 10, 2017 (BR-MBD)
James John Beamer D/B/A Dellwood Funding Company
188 Dellwood Road, Amherst, NY 14226
Effective:  April 25, 2017

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

May 4, 2017 (MB-MBD)
Vanguard Funding LLC
48-58 East Old Country Road, Mineola, NY 11501
Effective Date: May 2, 2017

May 4, 2017 (MB-MBD)
Home Point Financial Corporation
800 West Main Street, Suite 207, Freehold, NJ 07728
Effective Date: May 2, 2017

May 5, 2017 (MB-MBD)
Nationwide Equities Corporation
33 South Service Road, Suite 108, Jericho, NY 11753
Effective Date: April 24, 2017

May 5, 2017 (MB-MBD)
Nationwide Equities Corporation
926 Sunrise Highway, Suite 100, West Babylon, NY 11704
Effective Date: April 24, 2017

May 5, 2017 (MB-MBD)
Nationwide Equities Corporation
100 Clearbrook Road, 1st Floor, Suite 018500, Elmsford, NY  10523
Effective Date: April 24, 2017

May 9, 2017 (MB-MBD)
Home Point Financial Corporation
20 Court Street, Suite #1, Hackensack, NJ 07601
Effective Date: May 2, 2017

May 10, 2017 (MB-MBD)
FFC Mortgage Corp.
2901 Bowen Road, Suite 100, Elma, NY 14059
Effective Date: May 9, 2017

May 10, 2017 (MB-MBD)
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
1639 Route 10, Suite 202, Parsippany, NJ 07054
Effective Date: May 9, 2017

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

May 5, 2017 (BR-MBD)
Canyon Mortgage Corp.
40-42 Main Street, Suite 2E, Flushing, NY 11354
Effective Date: May 5, 2017

Mortgage Banker Branch License Address Changes:

May 4, 2017 (MB-MBD)
Freedom Mortgage Corporation D/B/A CHL Mortgage
From: 1131 W. 6th Street, Suite 350, Ontario, CA 91762
To: 620 West Covina Boulevard, 2nd Floor, San Dimas, CA 91773-2956

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:

May 10, 2017 (MB-MBD)
Applicant(s)
Jason J. Miller
Jeffrey D. Pinard
To acquire interest in:
Paragon Home Loans Inc.
5010 Campuswood Drive, Suite 205, East Syracuse, NY 13057

The following licensed Mortgage Banker has entered into a Settlement Agreement with the Department on March 30, 2017, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle violations of Sections 591 and 593 of the Banking Law for use of an unauthorized assumed name; Section 591(3) of the Banking Law for use of an unauthorized domain name; and Section 38.2(a) of the General Regulations of the Superintendent for failure to include the required legend.  The Settlement Agreement terms and conditions include a fine of $25,000.

April 24, 2017 (MB-MBD)
The Money Source Inc.
135 Maxess Road, Melville, NY 11747

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 ID

Name

City

State

May 5, 2017

837681

John Francis Egger

Blackwood

New Jersey

May 5, 2017

1313823

Benjamin Pipich

Bensalem

Pennsylvania

May 5, 2017

1037689

Rickland Louis-Eugene Potter

Dearborn Heights

Michigan

May 5, 2017

1546703

Leiren Kelly Marie Niessen

Mount Laurel

New Jersey

May 8, 2017

646718

Nicholas Alexander Beck

West Palm Beach

Florida

May 8, 2017

657794

LaToya Lal

Austell

Georgia

May 8, 2017

1511088

Ronald Troy Pierre

Philadelphia

Pennsylvania

May 8, 2017

1543947

Allison Leigh Granroth

Somerdale

New Jersey

May 8, 2017

1163934

Parker Lee Hackett

Salt Lake City

Utah

May 8, 2017

1247830

Nicholas David Howard

Lawrenceburg

Kentucky

May 8, 2017

1410468

Craig Russo

Union

New Jersey

May 8, 2017

1425573

Pavel Victor Voloshin

Pompano Beach

Florida

May 8, 2017

1497502

Michael James McDonough

Macomb

Michigan

May 8, 2017

1537491

Timothy Daniel Fleenary

Dearborn Heights

Michigan

May 8, 2017

1552561

Dario Strazimiri

Shelby Township

Michigan

May 8, 2017

1566171

Matthew Robert Deehl

Coral Gables

Florida

May 9, 2017

88492

Gregory Thonios Wakim

Madison

Connecticut

May 9, 2017

231039

Michael Keyveat-Malik Freeman

Philadelphia

Pennsylvania

May 9, 2017

39987

Eric Austine Williams

Jacksonville

Florida

 

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