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New York State Department of Financial Services

Weekly Banking Bulletin

November 24, 2017

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 e-mail to Comments@dfs.ny.gov.

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

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
CEU Consumer Examination Unit
FWBForeign and Wholesale Banks
LFSLicensed Financial Services
MBDMortgage Banking

SECTION I

November 16, 2017 (MI-CRB)
CONNECTONE BANK
301 Sylvan Avenue, Englewood Cliffs, NJ 07632

Application dated November 14, 2017, for permission to open and occupy branch office at 48 South Service Road, Melville, Town of Huntington, Suffolk County, New York 11747, received.

November 20, 2017 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Application dated November 20, 2017, for permission to change the location of branch office from 752 East Tremont Avenue, Borough of Bronx, City of New York 10457 to 645 East Tremont Avenue, Borough of Bronx, City of New York 10457, received.

November 21, 2017 (TR-CRB)
FIVE STAR BANK
55 North Main Street, Warsaw, NY 14569

Application dated November 17, 2017, for permission to open and occupy a branch office at 6255 Sheridan Drive, Town of Amherst, Erie County, New York 14221, received.

(The activities of this branch office will be limited to the solicitation, approval, and processing of residential mortgage loans, disbursement of mortgage loan funds, and acceptance of mortgage loan payments.)

November 24, 2017 (BP-LFS)
MONEY MANAGEMENT INTERNATIONAL, INC.
14141 Southwest Freeway, Suite 1000, Sugar Land, Fort Bend County, Texas 77478

A notification was received for a change of name:

From:     Money Management International, Inc.
To:          Money Management International, Inc. U/A/N ClearPoint Credit Counseling Solutions

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.

Application to engage in the business of a Mortgage Loan Servicer under Article 12-D of the New York State Banking Law received for examination:

November 21, 2017 (MS-MBD)
Applicant(s)
David Alan Spector
Jeffrey Paul Grogin 
PennyMac GP OP, Inc.
PennyMac Mortgage Investment Trust
PennyMac Operating Partnership, L.P.
Stanford Lee Kurland
As: PENNYMAC CORP.
3043 Townsgate Road, Westlake Village, CA 91361

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 26, 2017

1345277

Sharon Cadle

Scottsdale

Arizona

October 23, 2017

1465573

Jaime L. Sampson

Buffalo

New York

October 24, 2017

44377

Sharona BenShabat

Hollis Hills

New York

October 25, 2017

1573619

Joshua Matthew Cressman

Lansdale

Pennsylvania

October 25, 2017

1631564

Veronica Yaneth Guzman

Huntington Station

New York

October 31, 2017

1489159

Melissa Ortiz

Douglaston

New York

November 1, 2017

1483264

Jonathan Lewis Jakubowitz

Freeport

New York

November 3, 2017

911976

Stephanie Marie LaPell

Ballston Spa

New York

November 6, 2017

1679950

Joseph Thomas Hickey

Danbury

Connecticut

November 6, 2017

136911

Doreen Marie Brolly

Seaford

New York

November 9, 2017

1681673

Eric Anthony Jenkins

Carrollton

Texas

Section II

November 20, 2017 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Authorization granting permission to open and occupy a branch office at 144-51 Northern Boulevard, Flushing, Borough of Queens, City of New York 11354, surrendered for cancellation. 

Office discontinued as of November 11, 2017.

November 20, 2017 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Authorization granting permission to open and occupy a branch office at 159-18 Northern Boulevard, Flushing, Borough of Queens, City of New York 11358, surrendered for cancellation. 

Office discontinued as of November 4, 2017.

November 21, 2017 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Approval given to change the location of branch from 1200 Saint Nicholas Avenue, Borough of Manhattan, City of New York 10032 to 4043 Broadway, Borough of Manhattan, City of New York 10032, on or after November 22, 2017.

November 21, 2017 (FB-FWB)
T.C. ZIRAAT BANKASI, A.S.
No:8 06050 Altindag, Ankara, Turkey

Voluntary liquidation, pursuant to Section 605.11 of the Banking Law, of its New York branch located at 122 E. 42nd Street New York, NY 10168, completed.  License surrendered as of November 21, 2017.

November 24, 2017 (CC-LFS)
PLS CHECK CASHERS OF NEW YORK, INC.
80-02 Kew Gardens Road, 6th Floor, Suite # 603, Kew Gardens, NY  11415

A license was issued to change the location of doing business as a licensed casher of checks to 385 East Fordham Road, Bronx, NY  10458.

In connection with the above license issuance, the original check casher license at 2539 Webster Avenue, Bronx, NY  10458 was surrendered.

November 24, 2017 (SF - LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Collin County, Texas 75024

Riders were issued to reflect the change of unlicensed headquarters location from 19001 South Western Avenue, Torrance, Los Angeles County, California 90501 to 6565 Headquarters Drive, Plano, Collin County, Texas 75024.

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

November 20, 2017 (BK-MBD)
Full Service Branch
NJ Lenders Corp.   D/B/A Home Owners Mortgage Express
219 Paterson Avenue, Suite 3, Little Falls, NJ 07424

November 20, 2017 (BK-MBD)
Full Service Branch
Paragon Home Loans Inc.
64 East Market Street, Suite 101, Corning, NY 14830

November 20, 2017 (BK-MBD)
Full Service Branch
loanDepot.com, LLC   D/B/A LDWholesale
loanDepot
31-19 Newtown Avenue, Suite 300, Office 301, Astoria, NY 11102

November 20, 2017 (BK-MBD)
Full Service Branch
Guaranteed Rate, Inc.
141 Ayers Ct., Suite 2C, Teaneck, NJ 07666

November 20, 2017 (BK-MBD)
Full Service Branch
Continental Mortgage Bankers, Inc.   D/B/A Financial Equities
172 Main Street, Suite A, Northport, NY 11768

November 20, 2017 (BK-MBD)
Full Service Branch
Guaranteed Rate, Inc.
264 Riverside Ave, 2nd Floor, Westport, CT 06880

November 20, 2017 (BK-MBD)
Full Service Branch
CMG Mortgage, Inc.
8650 Freeport Parkway, Suite 125, Irving, TX 75063

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

November 20, 2017 (BR-MBD)
Full Service Branch
INDEPENDENCE HOME MORTGAGE CORP.
230 Passaic Avenue, Suite 3, Fairfiled, NJ 07004

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

November 22, 2017 (BK-MBD)
MCS Mortgage Bankers, Inc.   D/B/A Wholesale Direct
100 Garden City Plaza, Suite #410, Garden City, NY 11530-3216
Effective Date: November 6, 2017

The following Registered Mortgage Broker has entered into a Settlement Agreement with the Department on October 25, 2017, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Sections 38.2 (a) and 38.2 (b) of the General Regulations of the Superintendent, for failure to include a street address for its New York office in its electronic media advertisement, and failure to display the proper verbiage/legend in its electronic media advertisement. Part 38.2(a) of the General Regulations of the Superintendent requires a mortgage broker to include the legend “Registered Mortgage Broker-NYS Department of Financial Services” or words to like effect when advertising its business in New York either in print or electronic media. Part 38.2(b) of the General Regulations of the Superintendent requires that a mortgage broker must indicate the name and address of any of its offices located in or outside of New York State if it has less than 10 offices in New York State, in any advertisement in print or electronic media.  The Settlement Agreement terms and conditions include a fine of $7,500.

November 21, 2017 (BR-MBD)
L.W. Integrity Funding, LLC
4498 Main Street, Suite 8, Amherst, NY 14226

The following licensed Mortgage Banker has entered into a Settlement Agreement with the Department on November 9, 2017, in lieu of a hearing for a fine or revocation of its mortgage banker license to settle a violation of Section 420.18(a)(2) of the Superintendent Regulations by failing to monitor and curtail its sponsored mortgage loan originator’s mortgage solicitation activities.  The Settlement Agreement terms and conditions include a fine of $20,000.

November 21, 2017 (MB-MBD)
American Advisors Group, Inc.
3800 West Chapman Avenue, 3rd Floor, Orange, CA 92868

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

November 16, 2017

1149035

Jacob John Archer

Garden City

Michigan

November 16, 2017

1236477

Athenas Alexis Duche

Corona

New York

November 16, 2017

1409376

Michael Robert Palo

Genoa Twp

Michigan

November 16, 2017

1431138

William Robert Lyons

Fort Mill

South Carolina

November 16, 2017

1552165

Sean Patrick Kirkwood

Riverview

Michigan

November 16, 2017

1567511

Jessie Dawn Jensen

Chandler

Arizona

November 16, 2017

1579019

Nicholas Raymond Sebastian

Rumford

Rhode Island

November 16, 2017

1635000

Joseph Ferrandino

Brewster

New York

November 16, 2017

1638684

Michael Tomita Heath

Chicago

Illinois

November 16, 2017

168169

Brian Rodman Jones

Upper Darby

Pennsylvania

November 16, 2017

452093

Valerie Ann Cook

Charleston

South Carolina

November 16, 2017

504343

Herschel Pierre Cooper

Baltimore

Maryland

November 16, 2017

621628

Anita Kathleen Johnson

Dallas

Texas

November 16, 2017

1159786

Matthew Alan Yelling

Stow

Ohio

November 16, 2017

1449776

Andrew Ryan Thompson

Burlington

New Jersey

November 16, 2017

1471857

Dominick J. Ferrante

Atco

New Jersey

November 16, 2017

1523280

Trina Nicole Thomas

Phoenix

Arizona

November 16, 2017

1627144

Tiesha Larae Williams

Detroit

Michigan

November 16, 2017

1638613

Billy James Antrikin

Warren

Michigan

November 16, 2017

1638893

Kevin Arden Blackmer

Warren

Michigan

November 16, 2017

310460

Eric Thomas Smith

Draper

Utah

November 16, 2017

589600

David Canonico

Farmingville

New York

November 16, 2017

998935

Dominique Cesar Hinojosa

Phoenix

Arizona

November 16, 2017

112852

Justin J Vicino

East Hampton

Connecticut

November 16, 2017

1280110

Jacob Aaron Cantor

Boca Raton

Florida

November 16, 2017

1435229

Benjamin Clarke Marshman

Westminster

California

November 16, 2017

1497312

Amanda Lenee Buchanan

Lincoln Park

Michigan

November 16, 2017

1497363

Michael John Furdock

Auburn Hills

Michigan

November 16, 2017

1513544

Dylan Jacob Conte

Bloomfield

New Jersey

November 16, 2017

1513546

Nicholas Laurence Bullock

Montclair

New Jersey

November 16, 2017

307779

Russel McGarry McQuade

Westminster

California

November 16, 2017

513932

Michael Corbett Scheid

Anna

Texas

November 16, 2017

989236

Joel H. Romano

Weedsport

New York

November 16, 2017

1523312

L'Lonta Tevin Demond Anderson

Troy

Michigan

November 16, 2017

1448419

Colleen Virginia Meyer

Rancho Cordova

California

November 16, 2017

1497558

Peter Gregory Stamos

Canton

Michigan

November 16, 2017

1452589

Jose Antonio Vargas

Waterbury

Connecticut

November 16, 2017

1580663

Ernest Heinz

Los Angeles

California

November 16, 2017

1572726

Patrick William Marion

Sacramento

California

November 16, 2017

1513567

Steven Alex Cohen

Freehold

New Jersey

November 20, 2017

1671359

Eleadah Leuel Kemp

Indianapolis

Indiana

November 20, 2017

1619325

Juan Fernando Caicedo

Key Biscayne

Florida

November 20, 2017

747038

Jennifer Tai Gustafson

Watertown

New York

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

November 16, 2017

1638904

Ryan Patrick Bowe

Royal Oak

Michigan

Quicken Loans Inc.

November 16, 2017

1626901

Patrick James Driscoll

Saint Clair Shores

Michigan

Quicken Loans Inc.

November 16, 2017

1638734

Joseph Andrew Kemnitz

Detroit

Michigan

Quicken Loans Inc.

November 16, 2017

1638914

Melissa Marie Kostovski

Sterling Heights

Michigan

Quicken Loans Inc.

November 16, 2017

1566759

Eric Glenn Liebrock

Clawson

Michigan

Quicken Loans Inc.

November 16, 2017

1626855

Matthew Alexander McCallum

Roseville

Michigan

Quicken Loans Inc.

November 16, 2017

1638762

David Charles Schumaker

Canton

Michigan

Quicken Loans Inc.

November 16, 2017

1627445

Alexander Neal Shaw

Livonia

Michigan

Quicken Loans Inc.

November 16, 2017

1634040

Alexander Dalton Tafaro

Cherry Hill

New Jersey

Freedom Mortgage Corporation

November 16, 2017

1589499

Shane Kyle Venable

McKinney

Texas

loanDepot.com, LLC

November 16, 2017

1163676

Alyssa Shea Vilotti

Lake Orion

Michigan

Quicken Loans Inc.

November 16, 2017

1578739

Joseph Yelda

Livonia

Michigan

Quicken Loans Inc.

November 16, 2017

1060058

Miguel Angel Zepeda

Goodyear

Arizona

Quicken Loans Inc.

November 16, 2017

1053925

Jason Robert Adamowicz

Indianapolis

Indiana

Royal United Mortgage, LLC

November 16, 2017

1638624

Jared Matthew Connor

Scottsdale

Arizona

Quicken Loans Inc.

November 16, 2017

178453

Robert Christopher Hood

Baltimore

Maryland

Carrington Mortgage Services, LLC

November 16, 2017

1659767

Noson Jacobovitch

Lakewood

New Jersey

FM Home Loans, LLC

November 16, 2017

1634079

Tevin William Kirby-Stewart

Philadelphia

Pennsylvania

Freedom Mortgage Corporation

November 16, 2017

1634087

Joseph Matthew Marcucci

Hamilton

New Jersey

Freedom Mortgage Corporation

November 16, 2017

1628385

Edward Sukhyun Park

Brea

California

loanDepot.com, LLC

November 16, 2017

1611448

Joseph Leo Poma

St. James

New York

Quik Fund, Inc.

November 16, 2017

1627224

Gina Edith Silvi

Milford

Michigan

Quicken Loans Inc.

November 16, 2017

1608176

Brandon Mitchell Thornsbury

Indianapolis

Indiana

Royal United Mortgage, LLC

November 16, 2017

1626958

Alicia Ann Wilson

Belleville

Michigan

Quicken Loans Inc.

November 16, 2017

821056

John C Kraus

Wrentham

Massachusetts

Homebridge Financial Services, Inc.

November 16, 2017

904799

Valentin Aleksandroi Lutsenko

Plymouth

Minnesota

Premia Mortgage, LLC

November 16, 2017

729612

Mark Nelson Pfeiffer

Dallas

Texas

Homebridge Financial Services, Inc.

November 16, 2017

792178

Joann Cunningham Berger

Livonia

Michigan

Parkside Lending, LLC

November 16, 2017

35621

Saul Walle

Westampton

New Jersey

WEI Mortgage LLC

November 16, 2017

41337

Jason Timothy Smith

Willingboro

New Jersey

WEI Mortgage LLC

November 16, 2017

1638483

Christopher Eric Schneider

Grapevine

Texas

Nationstar Mortgage LLC

 

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