Weekly Banking Bulletin

August 2, 2019

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

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

June 4, 2019 (LL-LFS)
FLAGSHIP CREDIT ACCEPTANCE, LLC
3 Christy Drive - Suite 201, Chadds Ford, Delaware, Pennsylvania, 19317 

Notification received for a change of branch address from 4602 E. University Drive, Suite 130, Phoenix, Arizona 85034 to 4415 S Wendler Drive, Suite 121, Tempe, Arizona 85282.

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.


July 30, 2019 (TR-CRB)
ISRAEL DISCOUNT BANK OF NEW YORK
511 Fifth Avenue, New York, NY 10017

Application dated July 30, 2019, for permission to change the location of principal office from 511 Fifth Avenue, Borough of Manhattan, City of New York 10017 to 1114 Avenue of the Americas, Borough of Manhattan, City of New York 10036, received.


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

From:
June 13, 2018 (BR-MBD)
Applicant(s)
American Federation of Labor and Congress of Industrial Organizations
Christine Lynn Neff
James Burch Barber
Michael Quaid Cush
Mitchell John Stevens
Union Privilege
As: Union Plus Mortgage Company
309 Fellowship Rd., Suite 200, Mt. Laurel, NJ 08054

To:
July 31, 2019 (BR-MBD)
Applicant(s)
American Federation of Labor and Congress of Industrial Organizations
Christine Lynn Neff
James Burch Barber
Michael Quaid Cush
Mitchell John Stevens
Union Privilege
As: Union Plus Mortgage Company
305 Fellowship Rd., Suite 230, Mt. Laurel, NJ 08054


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

July 25, 2019 (MB-MBD)
Full Service Branch
Paragon Home Loans Inc.
1159 Pittsford Victor Rd, Suite 210, Pittsford, NY 14534

July 29, 2019 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
74 Batterson Park Road, Suite 240, Farmington, CT 06032

July 30, 2019 (MB-MBD)
Full Service Branch
SoFi Lending Corp.
3960 Howard Hughes Parkway, Suite #480, Las Vegas, NV 89169

July 31, 2019 (MB-MBD)
Full Service Branch
CMG Mortgage, Inc.
3820 Northdale Blvd, Suite 312 B, Tampa, FL 33624


Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

July 31, 2019 (MB-MBD)
Applicant(s)
Angeli D Persaud
Inderjit Suresh Persaud
Maneeram Haresh Mangru
Shakuntala Devi Mangru
To acquire interest in:
Blair Services of America Inc.  D/B/A Whitman Mortgagee
1121 Old Walt Whitman Road, Suite #204, Melville, NY 11747


Mortgage Banker License Name Change Received:

July 29, 2019 (MB-MBD)
From: WEI Mortgage LLC
To: Arc Home LLC


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 NO. NAME OF APPLICANT CITY STATE

April 29, 2019

1739349

Michelle Abajian

Melville

New York

June 5, 2019

1847412

Brendon Van Luu

Bay Shore

New York

June 18, 2019

1231734

Joseph Paul Parrott

Buffalo

New York

July 3, 2019

338013

Curtis Wayne Swanson

Altamonte Springs

Florida

July 8, 2019

1787864

Judy Andrea Olarte

Buena Park

California

July 11, 2019

1850912

Carlos Rivera

Manorville

New York

July 12, 2019

1662529

Hung Van Phan

Glendale

Arizona

July 15, 2019

1365180

Maria Tu Thi Vu

Irvine

California

July 26, 2019

1853412

Kyala Willie

Chandler

Arizona


SECTION II

July 30, 2019 (BK-CRB)
METROPOLITAN COMMERCIAL BANK
99 Park Avenue, 4th Floor, New York, NY 10016

Approval given to change the location of principal office from 99 Park Avenue, 4th Floor, Borough of Manhattan, City of New York 10016 to 99 Park Avenue, 12th Floor, Borough of Manhattan, City of New York 10016, on or after July 31, 2019.


July 30, 2019 (TM-LFS)
BBVA TRANSFER SERVICES, INC
16825 Northchase Drive, Suite 1525, Houston, Texas 77060

Application for the discontinuance/withdrawal of the use of the dba name TUYYO was approved effective July 29, 2019.


July 31, 2019 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

Authorization granting permission to open and occupy a branch office at 460 Franklin Avenue, Franklin Square, (Unincorporated Area) Town of Hempstead, Nassau County, New York 11010, surrendered for cancellation.

Office discontinued as of July 12, 2019.


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

July 31, 2019 (MB-MBD)
Full Service Branch
Freedom Mortgage Corporation
2000 Ponce De Leon Boulevard, Suite 103, Coral Gables, FL 33134

July 31, 2019 (MB-MBD)
Full Service Branch
American Financial Network, Inc.
68 Discovery, Irvine, CA 92618

July 31, 2019 (MB-MBD)
Full Service Branch
Everett Financial, Inc. D/B/A Supreme Lending
5385 Main Street, Suite 1, Williamsville, NY 14221

July 31, 2019 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
112-41 Queens Boulevard, Suite A, Forest Hills, NY 11375


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

July 31, 2019 (MB-MBD)
CrossCountry Mortgage, Inc.
180 East Main Street, Suite 103, Smithtown, NY 11787
Effective Date: April 1, 2019


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

July 31, 2019 (BR-MBD)
Full Service Branch
Platinum Mortgage Inc.
50 U.S. Highway 9, Suite #305, Morganville, NJ 07751


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

July 31, 2019 (MS-MBD)
Full Service Branch
LoanCare, LLC
1200 Cherrington Pkwy, Moon Township, PA 15108