Weekly Banking Bulletin

October 9, 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

September 21, 2020 (SF-LFS)
VOLVO CAR FINANCIAL SERVICES U.S., LLC U/A/N POLESTAR FINANCIAL SERVICES
1 Volvo Drive, Rockleigh, New Jersey 07647

Notification received for a change of main address from 1 Volvo Drive, Rockleigh, New Jersey 07647 to 1800 Volvo Place, Mahwah, New Jersey 07430.  

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.


September 22, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas, 75024

Notification received for a change of branch address from 3200 West Ray Road, Chandler, Arizona 85226 to 1650 South Price Road, Suite 200, Chandler, Arizona 85286.

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.


September 30, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas 75024

Application was received for a license to operate a branch office at 5801 Tennyson Parkway, Suite 500, Plano, Texas 75024.

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.


September 30, 2020 (SF-LFS)
TOYOTA MOTOR CREDIT CORPORATION U/A/N LEXUS FINANCIAL SERVICES, U/A/N MAZDA FINANCIAL SERVICES
6565 Headquarters Drive, Plano, Texas 75024

Application was received for a license to operate a branch office at 11625 Rainwater Drive, Alpharetta, Georgia 30009.

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.


October 1, 2020 (bp-LFS)
GARDEN STATE CONSUMER CREDIT COUNSELING, INC. U/A/N NAVICORE SOLUTIONS, U/A/N NOVADEBT
200 U.S. Highway 9, Manalapan, NJ 07726

A notification was received for the relocation of the branch office, as follows:
From:  3530 Camino del Rio North, Suite 110, San Diego, CA 92108
To:  1111 6th Avenue, Suite 206, San Diego, CA 92101

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.


October 5, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Notice of intention to establish an electronic facility (three automated teller machines) at Seneca One, 1 West Seneca Street, Buffalo, Erie County, NY 14203, received.


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

October 6, 2020 (BR-MBD)
Applicant(s)
Moisey Akbashev
As: CityOne Capital, LLC
8116 165th St, Jamaica, NY 11432

October 6, 2020 (BR-MBD)
Applicant(s)
Eliyahu T Rosenberg
As: Isometric LLC
3512 Quentin Rd, Suite LL125, Brooklyn, NY 11234


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

October 7, 2020 (MS-MBD)
Applicant(s)
Yash Kumar
Alexis Jiang Wei Zhu
Sameh Mohamed Mostafa Mohame S Elamawy
Scratch PHX, Inc.
As: Scratch Servicing Operating, LLC i/l/o/t/n Scratch Services, LLC
375 Alabama Street, Suite 360, San Francisco, CA 94110


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

October 5, 2020 (MB-MBD)
Full Service Branch
GR Affinity, LLC in lieu of Guaranteed Rate Affinity, LLC
16 Arcadian Avenue, 3rd Floor, Unit C-6, Paramus, NJ 07652

October 5, 2020 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.  D/B/As:
Americasa Home Loans
NMBNOW
655 Kearny Ave., Suite 202, Kearny, NJ 07032

October 7, 2020 (MB-MBD)
Full Service Branch
Embrace Home Loans, Inc.
3175 E. Warm Springs Road, Suite 129, Las Vegas, NV 89120


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
April 28, 2020 9812 Christopher Donald Zarnik Raleigh North Carolina
May 6, 2020 1943939 Judah Schwartz Brooklyn New York
June 17, 2020 275952 Dean Scaduto Montvale New Jersey
July 21, 2020 1968819 Gregory S. Hargrave South Orange New Jersey
July 22, 2020 1226578 Timothy P. Powers Columbia Maryland
July 23, 2020 52985 Jason Keith Terhune Jupiter Florida
July 23, 2020 344229 James A. Baker Allentown Pennsylvania
July 23, 2020 931367 Andrew Steven Pawlyk Baltimore Maryland
July 27, 2020 60079 Stephen Stasis Zadwydas Henderson Nevada
July 28, 2020 1941745 Terrence Phagoo South Ozone Park New York
August 4, 2020 49810 Thomas Michael Tomasian Boston Massachusetts
August 4, 2020 1519402 Ella Zakroisky Brooklyn New York
August 11, 2020 197376 Ryan Henry Kluttz Nixa Missouri
August 11, 2020 840842 Carolyn A. Galli-Brown Coral Springs Florida
August 11, 2020 1963169 McKenzie Allyson Maupin Columbia Missouri
August 13, 2020 29840 Rywka Steinmetz Lakewood New Jersey
August 17, 2020 2000224 Rena Lyn Holmes Conyers Georgia
August 20, 2020 1339351 Adam Michael Nielsen Henderson Nevada
August 25, 2020 1722075 Matthew Robert Quinn West New York New Jersey
August 25, 2020 1917988 Nataki Shamfa Gordon Brooklyn New York
August 25, 2020 1941894 Humberto Eduardo Cordova Astoria New York
August 30, 2020 1990460 Stephen Joseph DeBitetto Massapequa New York
August 31, 2020 1992002 Terry Thompson East Islip New York
August 31, 2020 2000040 Brittiny Marie Hopkins Centralia Missouri
September 1, 2020 519135 Salvatore Salerno Massapequa New York
September 2, 2020 1893657 Alyis Coleburn Woodward Baltimore Maryland
September 9, 2020 2009910 Joseph E. Mattera Holbrook New York
September 10, 2020 1165297 Patrick Thomas Lewis Buffalo New York
September 15, 2020 1922107 Jacqueline Rose Oteri Brooklyn New York
September 15, 2020 1951016 Yosef Slomiuc Spring Valley New York
September 17, 2020 2007649 Nathan Jerome Hess Columbia Missouri
September 18, 2020 2023808 Saul C. Deutsch Brooklyn New York
September 21, 2020 849460 Ryan Dean Goudie Jacksonville Florida
September 21, 2020 1995162 Lance Lopera-Zacarias Woodhaven New York
September 21, 2020 2015623 Jason Maxwell Richards Jefferson City Missouri
September 23, 2020 1952713 Dylan Mittleberg Merrick New York
September 23, 2020 2004592 Lacie Marie Ogden Fayette Missouri
September 23, 2020 2028611 Paul Laurence Klopfer New York City New York
September 28, 2020 1914149 Dalia Elizabeth Izzy Fishers Indiana
September 29, 2020 1882601 Joseph William Quartz Indianapolis Indiana
September 30, 2020 1374360 Miles David Beauparlant Columbia Missouri
October 1, 2020 2014476 Jose L. Rosario South Floral Park New York

SECTION II

September 30, 2020 (SB-CRB)
NEW YORK COMMUNITY BANK
102 Duffy Avenue, Hicksville, NY 11801

Approval given for permission to change the location of branch office from 2424 Hylan Boulevard, Borough of Staten Island, City of New York 10306 to 2656 Hylan Boulevard, Suite 100, Borough of Staten Island, City of New York 10306, on or after October 1, 2020. 


October 1, 2020 (BK-CRB)
EMPIRE STATE BANK
68 North Plank Road, Newburgh, NY 12550

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 31-87 30th Street, Unit #2, Astoria, Borough of Queens, City of New York 11106.


October 2, 2020 (SB-CRB)
NEW YORK COMMUNITY BANK
615 Merrick Avenue, Westbury, NY 11590

Authorization granting permission to open and occupy a branch office at 568 Broadway, Bayonne, Hudson County, New Jersey 07002, surrendered for cancellation.

Office discontinued as of September 28, 2020.


October 6, 2020 (TM – LFS)
MONEYDART GLOBAL SERVICES, INC. d/b/a XPRESS MONEY
33 Wood Avenue South, Suite #600, Iselin, New Jersey 08830

Application for a license to engage in business as a transmitter of money located at 33 Wood Avenue South, Suite #600, Iselin, New Jersey 08830, was withdrawn by the applicant.


October 7, 2020 (TR-CRB)
AMALGAMATED BANK
275 Seventh Avenue (Fourteenth Floor, New York, NY 10001

In accordance with Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the closing of branch office at 94 East Burnside Avenue, Borough of Bronx, City of New York 10453, will result in a significant reduction of financial services in the community affected.


October 7, 2020 (TR-CRB)
AMALGAMATED BANK
275 Seventh Avenue (Fourteenth Floor), New York, NY 10001

In accord with Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the closing of branch office at 70-23 Parsons Boulevard, Flushing, Borough of Queens, City of New York 11365, will not result in a significant reduction of financial services in the community affected.


Mortgage Banker License Name Changes:

October 1, 2020 (MB-MBD)
From: Residential Home Funding Corp.
To: RealFi Home Funding Corp.


Mortgage Banker License Address Changes:

October 1, 2020 (MB-MBD)
Sutherland Mortgage Services, Inc.
From: 5959 Corporate Drive, Suite 2000 A, Houston, TX 77036
To: 14090 Southwest Freeway, Suite 300, Room 361, Sugar Land, TX 77478


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
October 5, 2020 37291 Glenn Anthony Lombardo West Islip New York United Mortgage Corp.
October 5, 2020 304295 Beverly Ann Clark Fort Worth Texas Everett Financial, Inc.
October 5, 2020 373382 Bradley Dean Benson Sarasota Florida Guaranteed Rate, Inc.
October 5, 2020 862988 Joseph L. Ferrante Brooklyn New York R & J Capital Group, LLC
October 5, 2020 1788394 Derek Michael Rodriguez Islip New York Cardinal Financial Company, LP
October 5, 2020 1945805 Michael John Friedrich Southampton New York CGAP, Inc.
October 5, 2020 1956286 Shahidul K. Chowdhury Ozone Park New York United Mortgage Corp.
October 5, 2020 1977120 Adam Jeremy Lipowicz Astoria New York Better Mortgage Corporation
October 5, 2020 1989558 Raymond Patrick Smith Stony Brook New York RealFi Home Funding Corp.
October 5, 2020 2005690 Benjamin Kaywood Stith Mattydale New York Hunt Mortgage Corporation
October 5, 2020 2016033 Adam Brian Speregen Long Beach New York Finance of America Mortgage LLC

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 # Applicant Name City State
October 2, 2020 1035949 Mazda Khorsand Irvine California
October 2, 2020 1732677 Susan Marie Sinn Cortlandt Manor New York
October 2, 2020 1835930 Matthew Adam Rae Everett Washington
October 2, 2020 1911743 Sheldon Marcus Turek Columbia Missouri
October 2, 2020 1916432 Sarah Rose Page Waterford Michigan
October 2, 2020 1963626 Matthew Evan Cohen Miami Florida