Weekly Banking Bulletin

August 9, 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 18, 2019 (LL-LFS)
YAMAHA MOTOR FINANCE CORPORATION, U.S.A.
6555 Katella Avenue, Cypress, Orange, California, 90630  

Application was received for a license to operate a branch office at 3065 Chastain Meadows Parkway NW, Marietta, Georgia, 30066. 

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.


July 31, 2019 (MI-CRB)
SUNTRUST BANK
303 Peachtree Street, N.E., Atlanta, GA 30308

Application dated July 30, 2019, for permission to open and occupy a branch office at 610 5th Avenue, Suite 404, Borough of Manhattan, City of New York 10020, received.

(The activities of this branch office will be limited to the solicitation of loan and deposit products. The branch office will not engage in deposit-taking activities and no funds will be disbursed.)


August 5, 2019 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, NY 11556

Application dated July 23, 2019, for permission to open and occupy a branch office at 268 North Broadway, Store 1, Hicksville, Nassau County, NY 11801, received.


August 9, 2019 (TM-LFS)
EBAY COMMERCE, INC.
2535 N. First Street, San Jose, CA 95131

Application received for a license to engage in business as a money transmitter.

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.


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

August 7, 2019 (MB-MBD)
Applicant(s)
Hader Mahmoodi
Heather Kendall Camus
Melvin Michael Camus
As: MCM Holdings, Inc.  D/B/A MCM Financial Services in lieu of their true corporate name MCM Holdings, Inc.
14100 Palmetto Frontage Road, Suite 300, Miami Lakes, FL 33016


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

August 7, 2019 (BR-MBD)
Applicant(s)
Miriam Leah Paskus
As: Landstone Equities LLC
4502 17th Ave, Brooklyn, NY 11204


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

August 2, 2019 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
1938 Williamsbridge Road, 2nd Floor, Suite A, Bronx, NY 10461

August 5, 2019 (MB-MBD)
Full Service Branch
Cardinal Financial Company, LP D/B/A Sebonic Financial
1678 Hylan Blvd., Suite 3, Staten Island, NY 10305

August 7, 2019 (MB-MBD)
Full Service Branch
Advisors Mortgage Group, L.L.C.  D/B/A Fix-It Renovation Lending
3330 Park Ave, Suite 1, Wantagh, NY 11793

August 7, 2019 (MB-MBD)
Full Service Branch
loanDepot.com, LLC   D/B/A LDWholesale D/B/A loanDepot
266 Merrick Road, Suite Ground Floor West, Lynbrook, NY 11563


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

 

January 30, 2019

363564

Hader Mahmoodi

Miami

Florida

June 3, 2019

51185

Edward Richard Quon

Vestal

New York

June 4, 2019

1103881

Carl A. Nasello

Rochester

New York

June 17, 2019

1815362

Eric Michael Alioto

Pittsburgh

Pennsylvania

June 20, 2019

1853165

Jacquelyn Tosi

Buchanan

New York

June 24, 2019

28262

Thomas Anthony Sbarra

Vestal

New York

June 25, 2019

1639035

Kaitlyn Nicole Miller

Round Rock

Texas

June 27, 2019

855741

Denise Pryia Chunilal-Mohammed

Valley Stream

New York

July 17, 2019

211027

Jill Anne Grigg

Flushing

New York

July 19, 2019

1367082

Dennis Ray Allen

Lewisville

Texas

July 23, 2019

1522659

Cleofe Cecilia Soriano

Coconut Creek

Florida

July 23, 2019

1832474

Rachel DiMicco

Albany

New York

July 23, 2019

1856263

Jared Philip Peterson

Columbia

Missouri

July 24, 2019

194442

Constantine Michael Vlamis

Chicago

Illinois

July 26, 2019

1863374

Dakota Michael Foley

Carrollton

Texas

July 26, 2019

1865735

David Alan Morgan

Royse City

Texas

July 26, 2019

1868374

Christopher Allan Pistorius

Lewisville

Texas

July 26, 2019

1869196

Aaron Thomas Clay

Desoto

Texas

July 29, 2019

729508

Danial Tariq

Kings Point

New York

July 29, 2019

1539231

Jill Keri Portilla

Lakeside

California

July 29, 2019

1862369

Ronni Nicole Niswonger

Columbia

Missouri

July 30, 2019

1432500

Brian Will Nickel

Springfield

Pennsylvania

July 31, 2019

19501

Robert Christopher Edgehill

Boca Raton

Florida


SECTION II

August 1, 2019 (TR-CRB)
FLUSHING BANK
260 East RXR Plaza, Uniondale, Queens, NY 11556

Approval given to change the location of branch office from 42-11 Bell Boulevard, Bayside, Borough of Queens, City of New York 11361 to 213-03 Northern Boulevard, Bayside, Borough of Queens, City of New York 11361, on or after August 2, 2019.


August 5, 2019 (MI-CRB)
NOAH BANK
7301 Old York Road, Elkins Park, PA 19027

Approval given to change the location of branch office from 38 West 32nd Street (11th Floor), Borough of Manhattan, City of New York 10001 to 308 Fifth Avenue, Borough of Manhattan, City of New York 10001, on or after August 6, 2019.


August 6, 2019 (TM-LFS)
TRANS-FAST REMITTANCE LLC U/A/N NEW YORK BAY REMITTANCE
44 Wall Street, Suite 800, 8th Floor, New York, New York, 10005

Application for change of location from 44 Wall Street, 4th Floor, New York, New York, 10005 to 44 Wall Street, Suite 800, 8th Floor, New York, New York, 10005 was approved effective August 06, 2019.


August 6, 2019 (BK-CRB)
BANK OF AKRON
46 Main Street, Akron, NY 14001

Authorization issued to open and occupy a branch office at 638 Lake Street, Wilson, Niagara County, New York 14172, on or after August 7, 2019.


August 7, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization certificate issued September 14, 2019, granting permission to open and occupy branch offices at 72A Taunton Street, Plainville, Norfolk County, Massachusetts 02762, surrendered for cancellation.

Office discontinued as of July 26, 2019.


August 9, 2019 (TM-LFS)
ZERO HASH LLC
2 N. LaSalle St., Suite 1400, Chicago, IL 60602

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved.


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

August 6, 2019 (BR-MBD)
GCT Mortgage Brokers, LLC
253 Ralph Avenue, Suite 100, Brooklyn, NY 11233

August 6, 2019 (BR-MBD)
Generation Mortgage, LLC
105 East Center St., Manchester, CT 06040

August 6, 2019 (BR-MBD)
Peklava LLC D/B/A RateZip
78 Deer Run Road, Red Hook, NY 12571


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

August 7, 2019 (MB-MBD)
Full Service Branch
Parkside Lending, LLC
368 Veterans Memorial Hwy., Suite 6, Commack, NY 11725

August 7, 2019 (MB-MBD)
Full Service Branch
Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
960 Bellmore Avenue, Suite 4, Bellmore, NY 11710

August 7, 2019 (MB-MBD)
Full Service Branch
American Neighborhood Mortgage Acceptance Company, LLC D/B/As:
AnnieMac Home Mortgage
LOFIDIRECT
4839 Limestone Road, Wilmington, DE 19808

August 7, 2019 (MB-MBD)
Full Service Branch
Contour Mortgage Corporation
1020 Avenue X, First Floor, Brooklyn, NY 11234

August 7, 2019 (MB-MBD)
Full Service Branch
FM Home Loans, LLC D/B/A MR Capital Group
1229 Madison Avenue, 1st Floor, Lakewood, NJ 08701

August 7, 2019 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
6273 Lake Osprey Drive, Suite 14, Sarasota, FL 34240

August 7, 2019 (MB-MBD)
Full Service Branch
Caliber Home Loans, Inc.
121 Calhoun Street, Suite 100, Charleston, SC 29401


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

August 7, 2019 (BR-MBD)
Full Service Branch
Panam Mortgage & Financial Services, Inc.
267-05 Hillside Avenue, Suite 2B, Floral Park, NY 11004


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

August 2, 2019 (MB-MBD)
Dollars & Sense Mortgage, Inc.
180 Office Park Way, Suite 2000, Pittsford, NY 14534
Effective Date: May 31, 2019


The following registered mortgage loan servicer has entered into a Settlement Agreement with the Department on June 12, 2019, in lieu of a hearing for a fine or revocation of its mortgage loan servicer registration to settle a violation of Section 594-b(1) of the New York Banking Law for failing to obtain prior approval of the Superintendent for two changes of control.  The Settlement Agreement terms and conditions include a fine of $10,000.

August 07, 2019 (MS-MBD)
Sortis Financial, Inc.
5445 Legacy Drive, Suite 410, Plano, TX 75024


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 NO.

 

NAME OF APPLICANT

 

CITY

 

STATE

 

August 1, 2019

263853

Robin Michelle Grist

Coppell

Texas

August 1, 2019

1510121

Steven Matthew Shatz

Nashville

Tennessee

August 1, 2019

1717165

Donald Mark Lane

Casselberry

Florida

August 7, 2019

7729

Tony Kim Meuers

Portland

Oregon

August 7, 2019

187983

Derek Franklin Florence

Gambrills

Maryland

August 7, 2019

1368600

Michael Anthony Singer

Mission Viejo

California

August 7, 2019

1721920

Lissette Marie Fernandez

Margate

Florida

August 7, 2019

1750267

Andrea Del Pilar Hernandez

Coconut Creek

Florida

August 7, 2019

1774132

Ezrea Latoya Latibeaudiere

Palm Beach Gardens

Florida

August 7, 2019

1778689

Keri Lynn Kaylor

Aliquippa

Pennsylvania


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 NO.

 

NAME OF APPLICANT

 

CITY

 

STATE

 

SPONSORING ENTITY

 

August 7, 2019

183098

Ronald P. Eith

Miami

Florida

Freedom Mortgage Corporation

August 7, 2019

250165

Sam Rumi

Irvine

California

American Financial Network, Inc.