Weekly Banking Bulletin

August 14, 2020

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,  Licensed Financial Services and Consumer Examination Unit 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 BR Mortgage Broker  
BP Budget Planner MS Mortgage Servicer  
CC Check Cashier PF Premium Finance Agency  
CU Credit Union PB Private Banker  
FA Foreign Agency SD Safe Deposit Company 
FB Foreign Branch SF Sale Finance Agency
FR Foreign Representative Office SL Savings and Loan Association
HC Holding Company SB Savings Bank
IC Investment Company SL Student Loans
LL Licensed Lender TM Transmitter of Money
MK Merchant Bank TR Trust Company
MI Miscellaneous VC Virtual Currency
MB Mortgage Banker      

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

SECTION I

July 20, 2020(SL-CEU)
SCRATCH SERVICES LLC
375 Alabama Street, Suite 360, San Francisco, CA 94110

Application for a license to engage in business as a student loan servicer, 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.


August 6, 2020 (MI-CRB)
CUSTOMERS BANK
99 Bridge Street, Phoenixville, PA 19460

Notice of intention to close branch office at The Osborn Retirement Community, 101 Theall Road, Rye, Westchester County, NY 10580, received.

The comment period on this notice will expire September 14, 2020.


August 11, 2020 (LL-LFS)
SOUTHERN CASCADES FINANCE CORPORATION 
326 N. Bartlett St. Medford, OR 97501

Application received for a license to engage in business as a licensed lender. 

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.


August 12, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notice of intention to close branch office at 2700 North Forest Road, Getzville, Town of Amherst, Erie County, New York 14068, received.


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

August 12, 2020 (MB-MBD)
Full Service Branch
Mortgage Access Corp.  D/B/A Weichert Financial Services
2328 Hancock Bridge Parkway, Suite 114-C, Cape Coral, FL 33990

August 12, 2020 (MB-MBD)
Full Service Branch
Hartford Funding, LTD
100 Crossways Park Drive West, Suite 302, Woodbury, NY 11797

August 12, 2020 (MB-MBD)
Full Service Branch
loanDepot.com, LLC   D/B/As:
LDWholesale
loanDepot
4600 Marriott Drive, Suite 420, Raleigh, NC 27612


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
February 17, 2020

 

1754631

 

Terry Sabri

 

Far Rockaway

 

New York

 

June 3, 2020

 

1237495

 

Steven David McManus

 

Brunswick

 

Ohio

 

June 12, 2020

 

1729937

 

Alexander Benjamin Soltanian

 

Roslyn

 

New York

 

June 18, 2020

 

1978622

 

Jason Au

 

Old Bethpage

 

New York

 

June 30, 2020

 

197987

 

Jonathan Paul Ravens

 

Tampa

 

Florida

 

July 13, 2020

 

6422

 

Stephen Mellis

 

Massapequa

 

New York

 

July 20, 2020

 

31783

 

Scott M. Pasquariello

 

Clifton Park

 

New York

 

July 21, 2020

 

1223194

 

Andrea M. Coulter

 

Troy

 

New York

 

July 23, 2020

 

1401334

 

Jason Joseph Atchison

 

Kinnelon

 

New Jersey

 

July 23, 2020

 

1950069

 

Toni Lynn Occhipinti

 

Rockville Centre

 

New York

 

July 27, 2020

 

130356

 

Joseph Aloysius Penrose

 

Clifton Park

 

New York

 

August 3, 2020

 

1896023

 

Haley Annmarie Richey

 

Jefferson City

 

Missouri

 


SECTION II

August 14, 2020 (SF-LFS)
EMPIRE AUTO CREDIT CORP.
3652 George F. Hwy, Suite 2, Endwell, Broome County, NY 13760

Application approved for a change of control whereby Jessica Eagles will acquire 100 percent of Empire Auto Credit Corp. from Constance Gault.


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

August 07, 2020 (MS-MBD)
LRML Acquisition LLC
190 South LaSalle Street, Suite 2400, Chicago, IL 60603

August 12, 2020 (MS-MBD)
TruHome Solutions, LLC
9601 Legler Road, Lenexa, KS 66219


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

August 12, 2020 (MB-MBD)
TruHome Solutions, LLC
9601 Legler Road, Lenexa, KS 66219-1292
Effective Date: August 12, 2020


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

August 11, 2020 (MB-MBD)
Arc Home LLC
4000 Midlantic Drive, Suite 102, Mount Laurel, NJ 08054
Effective Date: August 5, 2020


Mortgage Broker Certificate Address Changes:

August 12, 2020 (BR-MBD)
Drexel Mortgage Corporation
From: 101-05 Lefferts Boulevard, Suite 201, Richmond Hill, NY 11419
To: 103-44 108th Street, Richmond Hill, NY 11419


Mortgage Banker Branch License Address Changes:

August 11, 2020 (MB-MBD)
United Mortgage Corp.  D/B/As:
NY Finest Funding
United Faith Mortgage
From: 1035 Hooper Avenue, Office #2C, Toms River, NJ 08753
To: 680 Hooper Ave, Bldg A, Suite 103, Toms River, NJ 08753


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

Date of Approval NMLS # Applicant Name City State Sponsoring Entity
August 10, 2020

 

26785

 

John F. Baranowski

 

Lindenhurst

 

New York

 

Coltrain Funding Group LLC

 

August 10, 2020

 

138947

 

Robert L. Larson

 

Hazlet

 

New Jersey

 

East Coast Capital Corp.

 

August 10, 2020

 

739910

 

Chad Douglas Hermann

 

Roanoke

 

Texas

 

Home Point Financial Corporation

 

August 10, 2020

 

1732008

 

Tanzilla Sookdeo

 

Baldwin

 

New York

 

Blair Services of America Inc.

 

August 10, 2020

 

1739531

 

Junbin Liang

 

Woodhaven

 

New York

 

Galaxy Lending Corporation

 

August 10, 2020

 

1782976

 

Mitchell Joseph Hatty

 

Ferndale

 

Michigan

 

Quicken Loans Inc.

 

August 10, 2020

 

1865258

 

Richard A. Ciuzio

 

Yonkers

 

New York

 

Hudson United Mortgage LLC

 

August 10, 2020

 

1868597

 

Cody Garrett Wood

 

Monroe

 

North Carolina

 

Movement Mortgage, LLC

 

August 10, 2020

 

1882148

 

Hunter Fields

 

Saint James

 

New York

 

Interstate Home Loan Center, Inc.

 

August 10, 2020

 

1901574

 

Roberto De La Rosa

 

Glendale

 

New York

 

Residential Home Funding Corp.

 

August 10, 2020

 

1905374

 

Francesca Liberata Cozzi

 

Smithtown

 

New York

 

CrossCountry Mortgage, LLC

 

August 10, 2020

 

1930847

 

Justin Michael Whitney

 

Taylor

 

Michigan

 

Quicken Loans Inc.

 

August 10, 2020

 

1931166

 

James Thomas Spencer

 

Grosse Pointe Woods

 

Michigan

 

Quicken Loans Inc.

 

August 10, 2020

 

1941336

 

Kaylee Jo Young

 

Highland

 

Michigan

 

Quicken Loans Inc.

 

August 10, 2020

 

1941882

 

Christina Tickel Sherer

 

Livonia

 

Michigan

 

Quicken Loans Inc.

 

August 10, 2020

 

1952921

 

Glendale Franklin Hamilton

 

Centralia

 

Missouri

 

Mortgage Research Center, LLC

 

August 10, 2020

 

1960720

 

Isaiah Philo

 

Northville

 

New York

 

1st Priority Mortgage, Inc.

 

August 10, 2020

 

1963235

 

Tyrone Branch

 

Brooklyn

 

New York

 

Freedom Mortgage Corporation