Skip to Content

New York State Department of Financial Services

Weekly Banking Bulletin

September 8, 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

September 1, 2017 (MI-CRB)
NORTHWEST BANK
100 Liberty Street, Warren, PA 16365

Notice of intention to close branch office at 4545 Transit Road, Williamsville, Erie County, New York 14221, received.

The comment period on this notice will expire October 9, 2017.

September 1, 2017
ORANGE BANK & TRUST COMPANY (TR-CRB)
212 Dolson Avenue, Middletown, NY 10940

Notice of intention to close branch office located at Big V Town Centre, Route 32 (376 Windsor Highway), Vails Gate, Orange County, New York 12584, received.

The comment period will expire October 10, 2017.

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

September 1, 2017 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
3322 Route 9 South, Old Bridge, NJ 08857

September 5, 2017 (MB-MBD)
Full Service Branch
Contour Mortgage Corporation
990 Stewart Avenue, Ste #680, Garden City, NY 11530

September 5, 2017 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
2507 James Street, Suite 106, Syracuse, NY 13206

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

June 12, 2017

98451

Ryan Michael Phillips

Saratoga Springs

New York

June 15, 2017

18498

Michael James Fiore

Hicksville

New York

July 7, 2017

1414683

Gregory Albert Gentek

Jacksonville

Florida

July 19, 2017

1632109

Domenico Cosimo Ferrante

Patchogue

New York

July 26, 2017

158840

Ronald Charles Tobin

Exton

Pennsylvania

July 31, 2017

1638982

Sarah Elizabeth Schnautz

Chicago

Illinois

August 1, 2017

41903

David John Vida

Castle Rock

Colorado

August 2, 2017

1639032

Wendy Kristen Kozak

Chicago

Illinois

August 7, 2017

59001

Emanuele DeMonte

Manorville

New York

August 9, 2017

1643320

William Joseph Howe

Bluepoint

New York

August 15, 2017

62658

Steven Mitchell Cahn

Chester

New York

August 17, 2017

1632420

Patrick Michael Tomlinson

Maple Shade

New Jersey

August 17, 2017

1642082

Courtney L Burczeuski

Dobbs Ferry

New York

August 17, 2017

1416670

Joshua Philip Schnaider

Oceanside

New York

August 22, 2017

1640035

Sternado Sebastien Sanon

Burlington

New Jersey

SECTION II

August 18, 2017 (SF-LFS)
WORLD OMNI FINANCIAL CORP.  
6150 Omni Park Drive, Mobile, Alabama 36609
3120 Rider Trail South, Earth City, Saint Louis, Missouri 63045

Licenses to engage in business as a sales finance company on both locations were surrendered.

September 1, 2017 (MI-CRB)
GOLD COAST BANCORP, INC.
2929 Expressway Drive North, Islandia, NY 11749

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 143-a of the Banking Law, as of 8:59 A.M., September 1, 2017, a Plan of Acquisition, dated as of October 26, 2016, and other required documents, providing for the acquisition of all the capital stock of Gold Coast Bank, Islandia, New York, by Gold Coast Bancorp, Inc., Islandia, New York.

September 6, 2017 (FB-FWB)
MASHREQBANK PSC
Mashreqbank psc Building, Omar Bin Al Khattab Street, Deira, Dubai 1250, United Arab Emirates

Approval given to change the location of branch from 50 Broadway, Borough of Manhattan, City of New York 10004 to 17 State Street, Borough of Manhattan, City of New York 10004, on or after September 7, 2017.

September 7, 2017 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization issued to open and occupy a branch office at 162 Main Street, Paterson, Passaic County, New Jersey 07505, on or after September 8, 2017.

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

September 6, 2017 (MB-MBD)
Full Service Branch
United Mortgage Corp.  D/B/A NY Finest Funding
United Faith Mortgage
United Global Group
1035 Hooper Avenue, Office #2C, Toms River, NJ 08753

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

September 5, 2017 (MB-MBD)
Home Point Financial Corporation
290 Broadhollow Road, Suite 130E, Melville, NY 11747
Effective Date: August 30, 2017

Mortgage Banker License Address Changes:

September 6, 2017 (MB-MBD)
Allied Mortgage Group, Inc.
From: 7 Bala Avenue, Suite 108, Bala Cynwyd, PA 19004
To: 225 City Avenue, Suite #102, Bala Cynwyd, PA 19004-1724

Mortgage Broker Certificate Address Changes:

September 5, 2017 (BR-MBD)
Fidelcap Corp. D/B/A Fidelity Capital
From: 1385 Boston Post Road, Larchmont, NY 10538
To: 1385 Boston Post Road, 1st Floor, Suite #3, Larchmont, NY 10538-3954

The following Licensed Mortgage Loan Originator (“MLO”) has entered into a Settlement Agreement with the Department on August 18, 2017, in lieu of a hearing for a fine or revocation of his New York MLO license, to settle a violation of Section 599-c(1) of the New York Banking Law for engaging in business as an MLO without maintaining a license under Article 12-E of the Banking Law.  The Settlement Agreement terms and conditions include a fine of $2,500.

September 06, 2017 (MLO-MBD)
Salvator Zangari
Mortgage Loan Originator

The following registered Mortgage Broker has entered into a Settlement Agreement with the Department on August 9, 2017, in lieu of a hearing for a fine or revocation of its mortgage broker registration, to settle violations of Sections 591-a(2) and 593-a(1) of the Banking Law by failure to obtain the Department’s authorization prior to using a domain name and to display its mortgage broker registration certificate issued by the Department at its place of business. Section 38.3(a)(2)(iii) of the General Regulations of the Superintendent by failure to include its email address in electronic applications, and Section 410.7(a)(4)(v) of the Superintendent’s Regulations by failure to include in its central application log the source of its applications and all other fees collected and/or distributed prior to closing.  The Settlement Agreement terms and conditions include a fine of $8,000.

September 06, 2017 (BR-MBD)
Montgomery Mortgage Solutions, Inc.
2230 Route 206, 1st Floor, Belle Mead, NJ 08502`

The following licensed Mortgage Banker has entered into a Settlement Agreement with the Department on August 9 2017, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle violations of Section 595-a(2)(a) of the New York Banking Law by utilizing an unauthorized assumed name to conduct New York regulated mortgage business and Section 420.18(a)(3)(v) of the Superintendent’s Regulations by allowing its sponsored MLO to originate loans from an unregistered location.  The Settlement Agreement terms and conditions include a fine of $7,500.

September 06, 2017 (MB-MBD)
MCS Mortgage Bankers, Inc.
d/b/a Wholesale Direct
20 Oak Street, Patchogue, NY 11772

Applications for licensing as a Mortgage Loan Originator under Article 12-E of the 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

August 31, 2017

781499

Jermaine Darnell Carr

Secane

Pennsylvania

August 31, 2017

64159

Brian M Downing

Tonawanda

New York

August 31, 2017

1285010

Baldeep Singh Chawla

Lynbrook

New York

August 31, 2017

6422

Stephen Mellis

Massapequa

New York

August 31, 2017

1407409

Reagan Addison Lancaster

The Colony

Texas

August 31, 2017

182336

James Dominic Ciamaichelo

Pennsauken

New Jersey

August 31, 2017

69005

Courtney James Trembone

Brooklyn

New York

August 31, 2017

1527377

Blair Charles Varnado

Rochester

New York

August 31, 2017

1025430

Kyle Matthew Delgleize

Coto de Caza

California

September 6, 2017

1611563

Mark Lee Deltufo

Marlton

New Jersey

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

Date of Approval

NMLS ID

Name of Applicant

City

State

Sponsoring Entity

August 31, 2017

1262777

Rayna Diane Reyst

Detroit

Michigan

Quicken Loans Inc.

August 31, 2017

167530

Kenneth Joseph Kuck

Levittown

New York

Cardinal Financial Company, LP

August 31, 2017

1624296

Tracy Leonard Corsey

Elk Grove

California

Liberty Home Equity Solutions, Inc.

August 31, 2017

598145

Henry Schimmel

Kings Park

New York

Meadowbrook Financial Mortgage Bankers Corp.

August 31, 2017

1600165

Marcel Robin

East Meadow

New York

State Farm Bank, FSB

August 31, 2017

1614419

Thomas Winfield Hendrix

Knoxville

Tennessee

21st Mortgage Corporation

August 31, 2017

1084009

Michael Gabriel Diedrich

Anaheim

California

Carrington Mortgage Services, LLC

August 31, 2017

214956

Laura B Golnick

Painesville

Ohio

PHH Mortgage Corporation

August 31, 2017

1609176

Tina L Gomez

West Chester

Pennsylvania

American Neighborhood Mortgage Acceptance

August 31, 2017

1598163

Emmanuel M Boumakis

Bayside

New York

Lyons Mortgage Services, Inc.

August 31, 2017

1450184

Eduardo Federico Rosati

Maywood

New Jersey

Nationwide Mortgage Bankers, Inc.

August 31, 2017

1566793

Telleisa Brenda Mattocks

Detroit

Idaho

Quicken Loans Inc.

August 31, 2017

1603583

Joseph Edward Cook

Sterling Heights

Michigan

Quicken Loans Inc.

August 31, 2017

1615182

Patricia Ann Secord

St. Clair Shores

Michigan

Quicken Loans Inc.

August 31, 2017

1509749

Jared Ron Pitschmann

Phoenix

Arizona

Quicken Loans Inc.

August 31, 2017

1615171

Rachel Marie Schafer

Northville

Michigan

Quicken Loans Inc.

August 31, 2017

1459115

Joshua Eric Sporn

Seaford

New York

United Mortgage Corp.

August 31, 2017

1615225

Juan Angel Villarreal

Southgate

Michigan

Quicken Loans Inc.

August 31, 2017

1553999

Andrea Rocca

Huntington

New York

Intercontinental Capital Group, Inc.

August 31, 2017

1615016

William Charles McCabe

Imlay City

Michigan

Quicken Loans Inc.

August 31, 2017

1066695

Richard Anthony Conforti

Hoboken

New Jersey

Absolute Home Mortgage Corporation

August 31, 2017

1589497

John Marshall Van Metre

McKinney

Texas

loanDepot.com, LLC

August 31, 2017

1589469

Jackson Calloway Brock

Dallas

Texas

loanDepot.com, LLC

August 31, 2017

1294738

Angie Lucia Morel

Palm Bay

Florida

Digital Risk Mortgage Services, LLC

August 31, 2017

600757

Pat Eleanor Searles-Mesidor

Freeport

New York

American Advisors Group, Inc.

August 31, 2017

228846

Shawn Jason Lynch

Forked River

New Jersey

Cardinal Financial Company, LP

August 31, 2017

1646042

Steven Michael Howell

Kings Park

New York

Reliance First Capital, LLC

August 31, 2017

1446349

Jeffrey Donald Cline

Baltimore

Maryland

Carrington Mortgage Services, LLC

August 31, 2017

1502549

Summer Anne Moore

The Woodlands

Texas

Carrington Mortgage Services, LLC

August 31, 2017

1621884

Kevin Colin Martin

White Plains

New York

Greenway Mortgage Funding Corp.

August 31, 2017

1598255

Abraham M King

Bellmore

New York

Jet Direct Funding Corp.

August 31, 2017

1015692

Gadelyah Ephraim

South Ozone Park

New York

Intercontinental Capital Group, Inc.

August 31, 2017

21673

Kimberly May Federspiel

Parker

Colorado

Pulte Mortgage LLC

August 31, 2017

1643269

Dominick Antonino

Mount Pleasant

South Carolina

Residential Home Funding Corp.

August 31, 2017

407631

Patricia O'Connor

Kings Park

New York

Cardinal Financial Company, LP

August 31, 2017

1589487

Geoffrey Ian Gandy

Frisco

Texas

loanDepot.com, LLC

 

Link to DFS Portal

About DFS

Contact DFS

Reports & Publications

Licensing

Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter