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New York State Department of Financial Services

Weekly Banking Bulletin

July 21, 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

July 17, 2017 (PF-LFS)
AFCO CREDIT CORPORATION
14 Wall Street, Suite 8A-19, New York, NY 10005

Notification received for a change of branch location from 16 Market Square, 1400 16th Street, Suite 400, Denver, CO 80202 to 1875 Lawrence Street, Suite 650, Denver, CO 80202

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

July 21, 2017 (TM-LFS)
GPS CAPITAL MARKETS, INC.  
10813 S. River Front Parkway – Suite 400, South Jordan, UT 84095

Application for a license to engage in business as a transmitter of money, received.

The publication of receipt of this application does not indicate that the application is deemed 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 Broker under Article 12-D of the Banking Law received for examination amended to read as follows:

December 1, 2015 (BR-MBD)
Applicant(s)
Yadong Pan
Steve Yuan Yao
As: Best Solution Mortgage, Inc.
136-31 41st Avenue, Suite 7D, Flushing, NY 11355

To:
July 14, 2017 (BR-MBD)
Applicant(s)
Yadong Pan
As: Best Solution Mortgage, Inc.
36-36 Main Street, Suite #1NA, Flushing, NY 11354

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

January 17, 2017

672151

Ryan Michael Anderson

West Deptford

New Jersey

April 5, 2017

737363

Cory Banks

Palmetto

Florida

May 3, 2017

1545639

Carlos Alonso Torres

Anaheim

California

May 12, 2017

1012474

John David Thomas

Irving

Texas

May 15, 2017

1537833

Cesar Agustin Rivaben

Farmington Hills

Michigan

May 17, 2017

1625575

Nico Vince Rossi

White Plains

New York

May 17, 2017

584198

Amir Bonja

Westminster

California

June 5, 2017

1413818

Joseph John Sole

North Haledon

New Jersey

June 6, 2017

1624296

Tracy Leonard Corsey

Elk Grove

California

June 7, 2017

369386

Charmaine Robin

East Meadow

New York

June 8, 2017

1387566

McKenna Nicole Rush

Royal Oak

Michigan

June 16, 2017

1221298

Jay Gene Suetos

San Diego

California

June 22, 2017

1570958

Evette Simitian

Smithtown

New York

June 22, 2017

1254979

Eric Killian

Medford

New York

June 27, 2017

782550

Nicky Walia

Glen Cove

New York

June 27, 2017

1637711

Gustavo Montenegro

Brentwood

New York

June 29, 2017

33831

Anthony Jordan Mendicino

Chesterfield

New Jersey

June 29, 2017

1222507

Candace Lee McGowan

Columbia

Missouri

July 5, 2017

1630757

Sara L Bond

Baldwinsville

New York

July 12, 2017

1635000

Joseph Ferrandino

Brewster

New York

SECTION II

April 13, 2017 (LL-LFS)
ONEMAIN FINANCIAL OF NEW YORK INC.
601 NW Second Street, Evansville, IN 47708

License was issued to reflect the change of name from Springleaf Financial Services of New York, Inc. to OneMain Financial of New York Inc.

In connection with the above license issuance, an affidavit was submitted reciting that the original license was lost.

July 6, 2017 (FB-FWB)
BANCO DO BRASIL, S.A.
SAUN Qd 5, It B, Ed. BB,Torre Sul - 13º andar, Brasilia (DF), Brazil 

Approval given to close its branch office at 11 West 42nd Street, New York, NY 10036.

July 6, 2017 (TM - LFS)
JPAY INC.
10981 Marks Way, Miramar, FL 33025

Application filed by Securus J Holdings, Inc. to acquire 100% of JPay Inc., a licensed New York transmitter of money, was approved.

July 6, 2017 (TM-LFS)
SCRS ACQUISITION CORPORATION c/o Platinum Equity Advisors, LLC
360 North Crescent Drive, South Building, Beverly Hills, CA 90210

Application for a change of control of of JPay Inc., located at 10981 Marks Way, Miramar, FL 33025, whereby SCRS Acquisition Corporation will indirectly acquire 100 percent of JPay, Inc. was approved on July 6, 2017.

July 12, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 3897 US Highway 9, Old Bridge, Middlesex County, New Jersey 08857, surrendered for cancellation.

Office discontinued as of July 11, 2017

July 13, 2017 (TR-FWB)
THE BANK OF NEW YORK MELLON
225 Liberty Street, New York, NY 10286

Authorization issued to open and occupy a branch office at 101 Barclay Street, Borough of Manhattan, City of New York 10286, on or after July 14, 2017.

July 13, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 25 Hill Street, Southampton, Suffolk County, New York 11968, surrendered for cancellation.

Office discontinued as of July 12, 2017

July 13, 2017 (BK-CEU)
RIDGEWOOD SAVINGS BANK
71-02 Forest Avenue, Ridgewood, NY  11385

Application pursuant to Section 96-d of the Banking Law, for the designation of contiguous portions of the Clinton Hill and Prospect Heights neighborhoods in Borough of Brooklyn (Kings County), New York as a Banking Development District, was approved by the Superintendent. 

The co-applicant is the Office of Brooklyn Borough President Eric L. Adams.

July 13, 2017 (BK-CEU)
SPRING BANK
69 East 167th Street, Bronx, NY  10452

Application pursuant to Section 96-d of the Banking Law, for the designation of Community District 4 in Borough of the Bronx (Bronx County), New York as a Banking Development District, was approved by the Superintendent.

The co-applicant is the Office of Bronx Borough President Ruben Diaz, Jr.

July 14, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to establish and operate a public accommodation office at 90 Morgan Street, Tonawanda, Erie County, NY 14150, surrendered for cancellation.

Office discontinued as of July 7, 2017.

July 17, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy the branch office at 126 North Main Street, East Hampton, Suffolk County, NY 11937, surrendered for cancellation.  Office discontinued as of July 13, 2017.

July 17, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 53345 Main Road, Southold, Suffolk County, NY 11971, surrendered for cancellation.

Office discontinued as of July 11, 2017.

July 17, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy a branch office at 3 Tree Farm Road, Pennington, Mercer County, NJ 08534, surrendered for cancellation.

Office discontinued as of July 13, 2017.

July 18, 2017 (MI-CRB)
TROPICAL FINANCIAL CREDIT UNION
3050 Corporate Way, Miramar, FL 33025

Authorization issued to open and maintain a station at 151 West 34th Street, 8th Floor, Borough of Manhattan, City of New York 10001, on or after July 19, 2017.

July 18, 2017 (BK-CEU)
ADIRONDACK BANK
185 Genesee Street, Utica NY 13501

Application accepted on July 18, 2017, pursuant to Section 96-d of the Banking Law, for the designation of the Village of Sylvan Beach, Town of Vienna (Oneida County), New York, as a Banking Development District.  The co-applicant is the Village of Sylvan Beach.

July 19, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Notification received, in accordance with Supervisory Policy G 8, of the relocation of a representative office from 195 Thomas Johnson Drive, Frederick, Frederick County, Maryland 21702 to 1003 West 7th Street, Frederick, Frederick County, Maryland 21701, effective July 24, 2017.

July 21, 2017 (TM-LFS)
JHA MONEY CENTER, INC.
1025 Central Expressway South, Allen, TX 75013

Application for a license as an Article 13-B Transmitter of Money filed by JHA Money Center was approved effective June 30, 2017.

Certificate to engage in the business of a Mortgage Broker surrendered, corrected to reflect:  Certificate to engage in the business of a Mortgage Banker Branch surrendered:

July 7, 2017 (MB-MBD)
CitiFinancial Company U/F/N CitiFinancial Company (DE)
1102 Union Road, Southgate Plaza, West Seneca, NY 14224
Effective Date: July 5, 2017

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

July 13, 2017 (BR-MBD)
Cenmark Mortgage Company, Inc.
1316 Bound Brook Road, Suite 1B West, Middlesex, NJ 08846
Effective Date: June 30, 2017

Mortgage Banker Branch License Address Changes:

July 19, 2017 (MB-MBD)
Intercontinental Capital Group, Inc.

From: 1340 State Route 36, Suite #35, Hazlet, NJ 07730-1735
To:

110-20 Jamaica Avenue, Suite #2-D, Richmond Hill, NY 11418-2324

The following Licensed Mortgage Banker has entered into a Settlement Agreement with the Department on June 19, 2017, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle a violation of Section 1301 (d) of the Business Corporation Law which provides that a foreign corporation authorized to do business in New York state under a fictitious name shall use such fictitious name in all of its dealings with the secretary of state and in the conduct of its business in New York state.  The Settlement Agreement terms and conditions include a fine of $5,000.

July 14, 2017 (MB-MBD)
Equity Prime Mortgage LLC
5 Concourse Parkway, Suite 2250, Atlanta, Georgia 30328

The following registered Mortgage Loan Servicer has entered into a Settlement Agreement with the Department on June 5, 2017, in lieu of a hearing for a fine or revocation of its mortgage loan servicer registration to settle the violation of Part 418.5(a) of the Superintendent’s Regulations for utilizing four unauthorized branches. The Settlement Agreement terms and conditions include a fine of $20,000.

July 14, 2017 (MS-MBD)
Select Portfolio Servicing, Inc.
3217 South Decker Lake Drive, West Valley City, UT 84119

The following Licensed Mortgage Loan Originator (“MLO”) has entered into a Settlement Agreement with the Department on June 30, 2017, in lieu of a hearing for a fine or revocation of his New York MLO license to settle a violation of Section 420.20(a)(3) of the Superintendent’s Regulations for misrepresentation of his license status as a mortgage banker or mortgage broker.  The Settlement Agreement terms and conditions include a fine of $2,500.

July 14, 2017 (MLO-MBD)
Eli B. Weissman
Mortgage Loan Originator

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

July 14, 2017

253989

Reginald Glen Smith

Gaithersburg

Maryland

July 14, 2017

1454515

Jessica Lanesha Gaddie

Willingboro

New Jersey

July 14, 2017

178172

Richard Michael Squires

Abingdon

Maryland

July 14, 2017

1023223

Erich Laurence Heidrich

Rancho Cordova

California

July 14, 2017

854019

Duc Huu Dang

Westminster

California

July 14, 2017

869147

Leslie Constantino Thompson

Chula Vista

California

July 14, 2017

1454511

Tiffany BaRachel Hyde

Willingboro

New Jersey

July 14, 2017

1008310

Elliott R Grisham

Napa

California

July 14, 2017

320736

Leonard Ujkic

Southlake

Texas

July 14, 2017

953559

Khaled Trabulsi

Irvine

California

July 14, 2017

38363

Richard Lee Komant

Costa Mesa

California

July 17, 2017

1387093

Joseph Wilson Bacon

Little Elm

Texas

July 17, 2017

1552151

Ryan Mark Doskocil

Irving

Texas

July 17, 2017

1539975

Crysta Marie Nash

West Haven

Connecticut

July 17, 2017

1570685

Dylan James Kelly Derrickson

Warrenville

Illinois

July 17, 2017

1457482

Jacob Andrew Paavilainen

McKinney

Texas

July 17, 2017

1097901

Hanna Maria Scramaglia

Healdsburg

California

July 17, 2017

1076526

Michael James Lawton

Anaheim

California

July 17, 2017

1390564

Gregory Aland Leahy

Alexandria

Virginia

July 17, 2017

50438

Michael Ramo Veli

Long Island City

New York

July 18, 2017

1489320

Kay Lorraine Roussel

Solana Beach

California

July 18, 2017

1472907

Raphael Carlos Sanders

Taylor

Michigan

July 18, 2017

1041941

Tara Dawn Prisco

Lindenwold

New Jersey

July 18, 2017

1611457

Courtney Paige Gordon

Riverside

New Jersey

July 18, 2017

1484532

Kyle Aron Combs

Scottsdale

Arizona

July 18, 2017

1611468

Jamaya Ahshay Boyer

Mount Laurel

New Jersey

Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York State Banking Law.

Date of Approval

NMLS ID

Name of Applicant

City

State

Sponsoring Entity

September 14, 2016

5509

Gerald Junior Galarza

Bayside

New York

Hartford Funding, LTD

March 24, 2017

1560895

Daniel Martin Tivnan

Baldwinsville

New York

State Farm Bank, FSB

July 12, 2017

967307

Heather A Barbosa

Old Westbury

New York

Powerhouse Solutions, Inc.

July 14, 2017

1303198

Linda Susan Ries

Westminster

Colorado

Radian Services LLC

July 14, 2017

601018

Michael John Caffrey

Sayville

New York

New Penn Financial, LLC

July 14, 2017

1398930

Derek Charles Cabaniss

Detroit

Michigan

Quicken Loans Inc.

July 14, 2017

91365

Keith Robert Gough

Old Bethpage

New York

Intercontinental Capital Group, Inc.

July 14, 2017

413749

Jeffrey George Avella

Ballston Lake

New York

OwnersChoice Funding, Incorporated

July 14, 2017

305099

Max Nieves

Palm Beach Gardens

Florida

Ocwen Loan Servicing, LLC

July 14, 2017

1370904

Oscar Inocente Cuervo

Miami Beach

Florida

American Bancshares Mortgage, LLC

July 14, 2017

1220444

Ahmad Mahmoud Musa

Southfield

Michigan

Quicken Loans Inc.

July 14, 2017

1546702

Thomas Justin Richards

Trenton

New Jersey

Freedom Mortgage Corporation

July 14, 2017

1203463

Joaquin Abascal Gallegos

Detroit

Michigan

Quicken Loans Inc.

July 14, 2017

1472566

Bianca Myanna Brown

Dearborn

Michigan

Quicken Loans Inc.

July 14, 2017

1624032

Christopher Anthony Silipigno

Rexford

New York

Northeast Funding Services, Inc.

July 14, 2017

1566653

Madelyn Marie Hilty

Royal Oak

Michigan

Quicken Loans Inc.

July 14, 2017

953381

James J Baksh

Glen Oaks

New York

Homebridge Financial Services, Inc.

July 14, 2017

1481321

Derrick R Welch

Brooklyn

New York

Accountable Financial Management Corporation

July 14, 2017

706517

Yung Lam

Albertson

New York

Interstate Home Loan Center, Inc.

July 14, 2017

1566833

Nathan Michael Peavy

Detroit

Michigan

Quicken Loans Inc.

July 14, 2017

1472249

Kevin Joseph Adams

Canton

Michigan

Quicken Loans Inc.

July 14, 2017

1576086

Ryan Christopher Surprenant

Newport

Rhode Island

Embrace Home Loans, Inc.

July 14, 2017

1509747

Vance Jeffrey Hagan

Scottsdale

Arizona

Quicken Loans Inc.

July 14, 2017

871760

Justin Robert Lawrence

Dearborn

Michigan

Quicken Loans Inc.

July 14, 2017

386589

Larry Allen Mentor

Dana Point

California

Nationstar Mortgage LLC

July 14, 2017

1473412

Michael Peter Stravino

Wantagh

New York

Lakeview Mortgage Bankers Corp.

July 14, 2017

1580027

William Valentine Francis

St Clair Shores

Michigan

Quicken Loans Inc.

July 14, 2017

1472255

David Fensterstock

Melville

New York

Lakeview Mortgage Bankers Corp.

July 14, 2017

181803

Joyce Eileen Glandon

Baltimore

Maryland

Carrington Mortgage Services, LLC

July 14, 2017

1484753

Adrian Keith Nickelson

Phoenix

Arizona

Quicken Loans Inc.

July 14, 2017

1493153

Timothy Lynn Shelton

Knoxville

Tennessee

21st Mortgage Corporation

July 14, 2017

1563525

Nelly Esses

Brooklyn

New York

Mortgage World Bankers, Inc.

July 14, 2017

1536715

Zev Hager

Monsey

New York

Funding Source Corp.

July 14, 2017

1283365

Nicole Mari-Joline Grummet

Detroit

Michigan

Quicken Loans Inc.

July 14, 2017

1491495

Christopher Neil Adriano

Irvine

California

Nationstar Mortgage LLC

July 14, 2017

49402

Emile Wiesenfeld

Passaic

New Jersey

Approved Funding Corp.

July 14, 2017

234831

Frank James Nese

Plano

Texas

Carrington Mortgage Services, LLC

July 14, 2017

896939

Adam Scott Nelson

Columbia

Missouri

Mortgage Research Center, LLC

July 14, 2017

1557626

Tyler James Samani

Marlton

New Jersey

Freedom Mortgage Corporation

July 14, 2017

1530623

Kevin David Stack

Tomball

Texas

Carrington Mortgage Services, LLC

July 14, 2017

1382314

Maricia Nicole Quesada

Indianapolis

Indiana

Royal United Mortgage, LLC

July 14, 2017

187652

William Cullen Lewis

Hartsburg

Missouri

Mortgage Research Center, LLC

July 14, 2017

1557647

Chantal Ebonie Penn

Sicklerville

New Jersey

Freedom Mortgage Corporation

July 14, 2017

1365169

Hao Chan Khuu

Garden Grove

California

Nationstar Mortgage LLC

July 14, 2017

1367963

George Diamantakis

Port Washington

New York

Cliffco, Inc.

July 14, 2017

1621603

Michael Francis Sheehan

Smithtown

New York

American Advisors Group, Inc.

July 17, 2017

965717

Matthew Adam Spector

Mamaroneck

New York

State Farm Bank, FSB

July 17, 2017

1603043

Tom B Moles

Citrus Heights

California

Liberty Home Equity Solutions, Inc.

July 17, 2017

1549617

Randy E Bullock

Endicott

New York

1st Priority Mortgage, Inc.

July 17, 2017

1256176

Scott Robert Zmikly

Indianapolis

Indiana

Finance of America Reverse LLC

July 17, 2017

273034

Kim Donnelly

Bricktown

New Jersey

The Everest Equity Company, Inc.

July 17, 2017

1619599

Jessica Doris Clifford

Brooklyn

New York

Cliffco, Inc.

July 17, 2017

1178878

Vincent Michael Monaco

Oakland

New Jersey

Residential Home Funding Corp.

July 17, 2017

898419

Alison Kerry Mitchell

Orange Park

Florida

Digital Risk Mortgage Services, LLC

July 17, 2017

1177715

Mark LaValle

East Meadow

New York

Intercontinental Capital Group, Inc.

July 17, 2017

1201053

Jonathan Robert Mullinix

Dayton

Maryland

WEI Mortgage LLC

July 17, 2017

1596955

Yitty Halpert

Brooklyn

New York

Funding Resources Mortgage Corporation

 

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