Weekly Banking Bulletin

March 6, 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

February 8, 2020 (SF-LFS)
BMW FINANCIAL SERVICES NA, LLC D/B/A ALPHERA FINANCIAL SERVICES   
300 Chestnut Ridge Road, Woodcliff Lake, New Jersey, 07677 

Application was received for a license to operate a branch office at 2735 E. Parley's Way, Suite 301, Salt Lake City, Utah 84109.

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.


February 10, 2020 (PF-LFS)
AFCO PREMIUM CREDIT LLC
1133 Avenue of the Americas, Suite 2735-39, New York, New York 10036

A notification was received for the relocation of a branch office, as follows:

From:  3400 188th Street SW, Suite 630, Lynnwood, WA 98037
To:  22522 29th Drive SE, Suite 212, Bothell, WA 98021

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.


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

March 4, 2020 (MB-MBD)
Applicant(s)
Andrew Charles Lightowler
Joseph Vincent Benevides Jr.
Kimberly Jean Shelpman
Lloyd Theodore Lee
Randall Gerard Vanden Houten
Sandra Anne Lee
NRM Acquisition LLC
New Residential Investment Corp.
New Residential Mortgage LLC
NewRez LLC
Plus Relocation Services, LLC
Shellpoint Partners LLC
Shelter Mortgage Company, L.L.C.
As: Plus Relocation Mortgage, LLC
600 Highway 169 South, Suite 550, St. Louis Park, MN 55426


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

February 28, 2020 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
1437 Military Cutoff Road, Suite 206, Wilmington, NC 28403

February 28, 2020 (MB-MBD)
Full Service Branch
NLC Loans in lieu of NATIONS LENDING CORPORATION
1000 Woodbridge Center Drive, Suite 101, Woodbridge, NJ 07095

February 28, 2020 (MB-MBD)
Full Service Branch
NLC Loans in lieu of NATIONS LENDING CORPORATION
1615 Pontiac Avenue, Unit 3, Cranston, RI 02920


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

March 3, 2020 (MB-MBD)
Applicant(s)
Mark Thomas Young Jr.
Michael Kevin Young
To acquire interest in:
AFMC Mortgage in lieu of American Federal Mortgage Corporation
360 Route 24, Chester, NJ 07930


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 NO. NAME OF APPLICANT CITY STATE
November 18, 2019

 

1891720

 

Kim Lucille Bolden

 

Mount Vernon

 

New York

 

November 26, 2019

 

43941

 

Anthony Francis Cerulli

 

Churchville

 

Pennsylvania

 

December 24, 2019

 

1902259

 

Leah Weiss

 

Brooklyn

 

New York

 

December 24, 2019

 

1902263

 

Rechuma B. Pavel

 

Brooklyn

 

New York

 

January 6, 2020

 

1601852

 

Zephan Gilani

 

Englishtown

 

New Jersey

 

January 7, 2020

 

6899

 

Li Ping Wang

 

Fresh Meadows

 

New York

 

January 26, 2020

 

1454950

 

Cheng Luo

 

College Point

 

New York

 

January 29, 2020

 

1888994

 

Ali Reza Hashemi

 

Aliso Viejo

 

California

 

January 31, 2020

 

1110462

 

Michael Thomas Naughton

 

Irvine

 

California

 

January 31, 2020

 

1890208

 

Michael Stephen Spence

 

Denver

 

Colorado

 

February 4, 2020

 

1888995

 

Alexandre Christian Lamboy

 

Trabuco Canyon

 

California

 

February 7, 2020

 

133832

 

Boris Barayev

 

Forest Hills

 

New York

 

February 12, 2020

 

1860031

 

Jacob Ding

 

New York

 

New York

 

February 18, 2020

 

1308361

 

Jacqueline Julie Zippelius

 

Huntington Station

 

New York

 

February 18, 2020

 

1863774

 

Frederick Deon Danner

 

Charlotte

 

North Carolina

 

February 18, 2020

 

1910679

 

Leticia Leuci

 

Centereach

 

New York

 

February 18, 2020

 

1938136

 

Roman Maranets

 

Brooklyn

 

New York

 

February 19, 2020

 

1247629

 

Deryk Keith Bomar

 

Detroit

 

Michigan

 

February 20, 2020

 

197329

 

Michael Jay Koopman

 

Clearwater

 

Florida

 

February 20, 2020

 

1859691

 

Thomas James Dora

 

Noblesville

 

Indiana

 

February 21, 2020

 

1020993

 

Harley Francis Young

 

Mechanicsville

 

New York

 

February 21, 2020

 

1695818

 

Dawn Madelon Barclay

 

New City

 

New York

 

February 24, 2020

 

206094

 

John Brendan Moony

 

Chicago

 

Illinois

 

February 24, 2020

 

1191897

 

Turner Dale Earnest

 

Tampa

 

Florida

 

February 24, 2020

 

1353231

 

Alain Alejandro Arboleda

 

El Monte

 

California

 

February 24, 2020

 

1883917

 

Michele Darmanin

 

Maywood

 

New Jersey

 

February 24, 2020

 

1911743

 

Sheldon Marcus Turek

 

Columbia

 

Missouri

 

February 24, 2020

 

1944201

 

Mikayla Sissy-Marie Lang

 

Columbia

 

Missouri

 

February 25, 2020

 

1749778

 

Joaquin Chance Casanova

 

Commerce City

 

Colorado

 

February 25, 2020

 

1874277

 

Luke Ernie Porter

 

Aurora

 

Colorado

 

February 25, 2020

 

1911330

 

Maha Hammad

 

Clarence Center

 

New York

 

February 26, 2020

 

244814

 

Maureen Catherine Vella

 

Bayville

 

New York

 

February 27, 2020

 

70220

 

Justin Daniel Brasco

 

North Massapequa

 

New York

 

February 27, 2020

 

184351

 

Georgios Elias Pantelaros

 

New Rochelle

 

New York

 

February 27, 2020

 

1684299

 

Aaron Lee Bayles

 

Indianapolis

 

Indiana

 

February 28, 2020

 

963618

 

Colin Matthew Nupp

 

Wantagh

 

New York

 


SECTION II

February 7, 2020 (SF-LFS)
AMERICAN SUZUKI FINANCIAL SERVICES COMPANY LLC U/A/N AMERICAN SUZUKI FINANCIAL SERVICES U/A/N ASFS
7159 Corklan Drive, Jacksonville, FL 32258

License to engage in business as a sales finance company at the following locations was surrendered.

  1. 7159 Corklan Drive, Jacksonville, FL 32258
  2. 535 Anton Boulevard, Suite 300, Costa Mesa, CA 92626
  3. 17500 Chenal Parkway, Little Rock, AR 72223

February 11, 2020 (PF-LFS)
UNIVERSAL PREMIUM FINANCING, INC.
358 Fifth Avenue, 8th Floor, New York, NY 10001

The relocation of the main office was approved as follows, effective January 14, 2020: 

From:  9 East 37th Street, New York, NY 10016
To:  358 Fifth Avenue, 8th Floor, New York, NY 10001


February 27, 2020 (TR-CM)
FIDUCIARY TRUST COMPANY INTERNATIONAL
280 Park Avenue, New York, NY 10017

Applicant notified by the Superintendent of Banks that pursuant to the provisions of Section 105-b of the Banking Law, no objection will be interposed to the establishment of a trust office at 55 Old Bedford Road, Suite 302, Lincoln, Massachusetts 01773.


March 2, 2020 (TM-LFS)
ALIPAY US, INC.
400 El Camino Real, 4th Floor, San Mateo, California, 94492

Application filed by Alipay US, Inc. to engage business as a transmitter of money located at 400 El Camino Real, 4th Floor, San Mateo, California, was approved effective February 20, 2020.


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

March 3, 2020 (MB-MBD)
Full Service Branch
Planet Home Lending, LLC D/B/A Planet Home Servicing
105 Maxess Road, Suite N107, Melville, NY 11747


Certificate to engage in the business of a Mortgage Broker surrendered:

February 27, 2020 (BR-MBD)
V.A.K. Realty Corp.
224 East Jericho Turnpike, South Huntington, NY 11746
Effective Date: November 15, 2019

February 28, 2020 (MB-MBD)
Guaranteed Rate, Inc.
2711 Transit Rd., Suite 123, Elma, NY 14059
Effective Date: February 26, 2020


Certificate to engage in the business of a Mortgage Broker Branch surrendered:

February 28, 2020 (BR-MBD)
Americana Mortgage Group, Inc.
1673 North Highway, Suite #2, Southampton, NY 11968
Effective Date: January 13, 2020


Mortgage Broker Certificate Address Changes:

March 4, 2020 (BR-MBD)
Pham & Partners LLC D/B/A Equity Unlimited
From: 6811 Bay Parkway, Brooklyn, NY 11204
To: 6709 11th Avenue, Brooklyn, NY 11219

March 4, 2020 (BR-MBD)
SAAR Mortgage in lieu of Mortgages R Us Inc
From: 132 East McNab Rd, Pompano Beach, Fl 33060
To: 6245 N. Federal Hwy, Suite 422, Fort Lauderdale, FL 33308


Mortgage Banker Branch License Address Changes:

March 4, 2020 (MB-MBD)
Allied Mortgage Group, Inc.
From: 260 North Broadway, Suite 1, Hicksville, NY 11801
To: 15 Newbridge Road, Hicksville, NY 11801

March 4, 2020 (MB-MBD)
Freedom Mortgage Corporation
From: 999 Douglas Avenue, Suite 1101, Altamonte Springs, FL 32714
To: 801 Douglas Avenue, Suite 2001, Altamonte Springs, FL 32714

March 4, 2020 (MB-MBD)
Guaranteed Rate, Inc
From: 2 Carlson Parkway, Suite 355, Plymouth, MN 55447
To: 2 Carlson Parkway, Suite 125, Plymouth, MN 55447

March 4, 2020 (MB-MBD)
Nationwide Mortgage Bankers, Inc. D/B/A Americasa Home Loans NMBNOW
From: 68 S. Service Road, Suite 340, Melville, NY 11747
To: 68 S. Service Road Suite 400, Melville, NY 11747


The following registered mortgage broker has entered into a Settlement Agreement with the Department on March 2, 2020, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle the violations of Section 597 of the New York Banking Law and Part 410.7(b) of the Superintendent’s Regulations for failure to file the 2018 Volume of operations Report (VOOR). The Settlement Agreement terms and conditions include a fine of $10,000.

March 3, 2020 (BR-MBD)
Ezz Services, Inc
135-01 Lefferts Blvd., South Ozone Park, New York 11420


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 NO. NAME OF APPLICANT CITY STATE
February 28, 2020

 

1177987

 

Justin Michael Woo

 

Charlotte

 

North Carolina

 

February 28, 2020

 

1894630

 

Ronald Horton

 

St. Albans

 

New York

 


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 ID NO. NAME OF APPLICANT CITY STATE SPONSORING ENTITY
February 24, 2020

 

135496

 

Curtis Patrick Edwards

 

Anaheim

 

California

 

American Financial Network, Inc.

 

February 26, 2020

 

204011

 

Carlo Monroy

 

East Meadow

 

New York

 

East Coast Capital Corp.

 

February 28, 2020

 

51185

 

Edward Richard Quon

 

Vestal

 

New York

 

Finger Lakes Real Estate Group, Inc.

 

February 28, 2020

 

65814

 

Nicholas A. West

 

Colts Neck

 

New Jersey

 

NJ Lenders Corp.

 

February 28, 2020

 

604556

 

Jennifer Dam

 

Santa Ana

 

California

 

Nationstar Mortgage LLC

 

February 28, 2020

 

646651

 

Karen Marie Carter

 

Mineola

 

New York

 

American Advisors Group, Inc.

 

February 28, 2020

 

887982

 

Giovanni Narvaez

 

Floral Park

 

New York

 

loanDepot.com, LLC

 

February 28, 2020

 

927365

 

Michael Osgood

 

Houston

 

Texas

 

Longbridge Financial, LLC

 

February 28, 2020

 

1101198

 

Jarrod Heath Kurtright

 

McKinney

 

Texas

 

Home Point Financial Corporation

 

February 28, 2020

 

1387938

 

Manuel Sedano Sanchez

 

Orange

 

California

 

American Advisors Group, Inc.

 

February 28, 2020

 

1628423

 

Catherine Roxane Gallo

 

San Juan Capistrano

 

California

 

American Advisors Group, Inc.

 

February 28, 2020

 

1638175

 

Yvenson Hilerme

 

Kissimmee

 

Florida

 

Digital Risk Mortgage Services, LLC

 

February 28, 2020

 

1685241

 

Taylor Kristen House

 

Columbia

 

Missouri

 

Mortgage Research Center, LLC

 

February 28, 2020

 

1793296

 

Debora Valdes

 

New Milford

 

Connecticut

 

loanDepot.com, LLC

 

February 28, 2020

 

1845374

 

George Robert Goldman

 

East Northport

 

New York

 

Nationwide Mortgage Bankers, Inc.

 

February 28, 2020

 

1866884

 

Sherrell Farnsworth

 

Brooklyn

 

New York

 

Intercontinental Capital Group, Inc.

 

February 28, 2020

 

1879790

 

Michelle Sanchez

 

Bay Shore

 

New York

 

Freedom Mortgage Corporation

 

February 28, 2020

 

1883420

 

Michael William Spagnola

 

Narragansett

 

Rhode Island

 

Movement Mortgage, LLC

 

February 28, 2020

 

1889240

 

Chelsea Elizabeth Houston

 

Long Island City

 

New York

 

Better Mortgage Corporation

 

February 28, 2020

 

1890713

 

David J. Levin

 

Great Neck

 

New York

 

American Advisors Group, Inc.

 

February 28, 2020

 

1891305

 

Marco Antonio Sa Ferreira

 

Mansfield

 

Texas

 

Nationstar Mortgage LLC

 

February 28, 2020

 

1891368

 

Gerardo Javier Flores

 

Dallas

 

Texas

 

Nationstar Mortgage LLC

 

February 28, 2020

 

1897663

 

Nicole Elizabeth McAlpin

 

Fairport

 

New York

 

Neighborhood Assistance Corporation of America

 

February 28, 2020

 

1915948

 

Michael LoCicero

 

Hauppauge

 

New York

 

Interstate Home Loan Center, Inc.

 

February 28, 2020

 

1923775

 

Keith Chamish

 

Suffern

 

New York

 

FM Home Loans, LLC

 

February 28, 2020

 

1926624

 

Kristy Lynn Jacoby

 

Columbia

 

Missouri

 

Mortgage Research Center, LLC

 

March 3, 2020

 

121426

 

Christopher Alan Brady

 

Sparta

 

New Jersey

 

Draper and Kramer Mortgage Corp.