Weekly Banking Bulletin

March 20, 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 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 [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 Cashier MS Mortgage Servicer
CU Credit Union PF Premium Finance Agency
FA Foreign Agency PB Private Banker
FB Foreign Branch SB Savings Bank
FR Foreign Representative Office SD Safe Deposit Company
HC Holding Company SF Sale Finance Agency
IC Investment Company SL Savings and Loan Association
LL Licensed Lender SL Student Loans
MK Merchant Bank TM Transmitter of Money
MI Miscellaneous TR Trust Company
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

March 12, 2020 (FR-FWB)
SUMITOMO MITSUI BANKING CORPORATION
1-1-2, Marunouchi, Chiyoda-ku, Tokyo, Japan

Notice to establish and maintain a representative office at 1 North Lexington Avenue, White Plains, New York 10601, received. (Sumitomo Mitsui Banking Corporation currently maintains a New York State-licensed branch.)


March 17, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notice of intention to establish electronic facilities (automated teller machines) at the following two locations, received:

  1. 600 Summit Avenue, Jersey City, Hudson County, New Jersey 07306; and
  2. University Plaza, 3500 Main Street, Town of Amherst, Erie County, New York 14226.

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

March 17, 2020 (MB-MBD)
Full Service Branch
Everett Financial, Inc.   D/B/A Supreme Lending
3974 Brown Park Drive, Suite I, Hilliard, OH 43026

March 17, 2020 (MB-MBD)
Full Service Branch
Residential Mortgage Services, Inc.
120 Hebron Avenue, Second Floor, Level 2R, Suite 2-D, Glastonbury, CT 06033

March 18, 2020 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
10951 White Rock Road, Suite 200, Rancho Cordova, CA 95670

March 18, 2020 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
991 US Highway 22 West, Suite 200, Bridgewater, NJ 08807


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
January 15, 2020 37462 Nathaniel Cole Pratt Patchogue New York
January 22, 2020 1830009 Antonio Damato Brooklyn New York
January 27, 2020 1910107 Herbert Allen, Jr. White Plains New York
February 3, 2020 1165031 Samuel Doom Longview Texas
February 26, 2020 1936267 Robert Lobo Hicksville New York
March 2, 2020 1926458 Andrew Wayne Bullard Lubbock Texas
March 2, 2020 1927760 Shaheryar Younus Khan Garland Texas
March 3, 2020 53458 Nancy Morgan Robustelli Stamford Connecticut
March 4, 2020 895906 Jeffrey John Beuth West Hollywood California
March 5, 2020 626804 Ahmed M. Khan Brooklyn New York
March 5, 2020 1915929 Corry Thomas Abie Buena Park California
March 5, 2020 1945773 Ivette X. Matos Levittown New York
March 6, 2020 1948058 Jarrett Rogers Mitchell Carrollton Texas
March 9, 2020 18003 Robert Negrin Smithtown New York
March 9, 2020 621123 Jody Ray Blanton Prosper Texas
March 9, 2020 1926518 Jonathan Osvaldo Beltran Villalobos Lewisville Texas
March 9, 2020 1941614 Omar Jebbeh Denton Texas
March 10, 2020 346855 Randall Craig Baker Owings Mills Maryland
March 10, 2020 1659886 Robert Stephen L'Altrelli Kingsville Maryland
March 10, 2020 1685550 Todd Gambit Lake Forest Illinois
March 10, 2020 1890804 Shawn Christopher Freshley Montgomery Village Maryland
March 11, 2020 1250005 Ellen Elizabeth Zawacki Escondido California

SECTION II

March 6, 2020 (FB-FWB)
ITAÚ UNIBANCO S.A.
Praça Alfredo Egydio De Souza Aranha Square, 100 - 04344-902, São Paulo, SP - Brasil 

Voluntary liquidation pursuant to Section 605.11 of the New York Banking Law, of its New York branch located at 540 Madison Avenue, New York, New York, 10022, completed.  License surrendered on February 6, 2020.


March 6, 2020 (FB-FWB)
HABIB BANK LIMITED
22 HBL Plaza, I.I Chundrigar Road, Karachi, Pakistan 75650

Voluntary liquidation pursuant to Section 605.11 of the New York Banking Law, of its New York branch located at 60 East 42nd Street, New York, New York, 10165, completed.  License surrendered on March 4, 2020.


March 6, 2020 (CU-CRB)
SUNMARK CREDIT UNION
1187 Troy Schenectady Road, Latham, NY  12110

Approval given to open and maintain a station at 2115 Western Avenue, Guilderland, NY  12084, on or after March 9, 2020.


March 11, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 100 Bayview Circle, Suite 320, Newport Beach, Orange County, California 92660.


March 13, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Notification received, in accordance with Supervisory Policy G 8, of the relocation of a representative office from 2 East Read Street, Baltimore, MD 21202 to 11 East Mount Royal Avenue, Baltimore, MD 21202, effective February 6, 2020.


March 20, 2020 (CEU-SL)
LAUNCH SERVICING, LLC
402 West Broadway, 20th Floor San Diego, CA 92101

Application to engage in the business of a student loan servicer, pursuant to Article 14-A of the Banking Law, was approved effective March 11, 2020.


March 20, 2020 (CEU-SL)
PARTNERS FINANCIAL SERVICERS, INC
575 Rudder Rd., Fenton, MO 63026

Application to engage in the business of a student loan servicer, pursuant to Article 14-A of the Banking Law, was approved effective March 11, 2020.


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

March 16, 2020 (MB-MBD)
Ivy Mortgage, Inc.
7625 Maple Lawn Blvd., Suite 135, Fulton, MD 20759


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

March 18, 2020 (MB-MBD)
Full Service Branch
NLC Loans in lieu of NATIONS LENDING CORPORATION
1000 Woodbridge Center Drive, Suite 101, Woodbridge, NJ 07095

March 18, 2020 (MB-MBD)
Full Service Branch
NLC Loans in lieu of NATIONS LENDING CORPORATION
1615 Pontiac Avenue, Unit 3, Cranston, RI 02920

March 18, 2020 (MB-MBD)
Full Service Branch
NewRez LLC D/B/As:
Rate30
Shellpoint Mortgage Servicing
2100 E Elliot Road, Suite A, Tempe, AZ 85284

March 18, 2020 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
1437 Military Cutoff Road, Suite 206, Wilmington, NC 28403

March 18, 2020 (MB-MBD)
Full Service Branch
NewRez LLC D/B/As:
Rate30
Shellpoint Mortgage Servicing
55 Beattie Place, Suite 600, Greenville, SC 29601


Mortgage Banker License Address Changes:

March 18, 2020 (MB-MBD)
Liberty Home Equity Solutions, Inc.
From: 10951 White Rock Road, Suite 200, Rancho Cordova, CA 95670
To: 10951 White Rock Road, Suite 100, Rancho Cordova, CA 95670


Mortgage Broker Certificate Address Changes:

March 18, 2020 (BR-MBD)
R & J Capital Group, LLC
From: 116-16 Queens Boulevard, Suite 204, Forest Hills, NY 11375
To: 80-02 Kew Gardens Road, Suite 1040, Kew Gardens, NY 11415


Mortgage Banker Branch License Address Changes:

March 18, 2020 (MB-MBD)
Guaranteed Rate, Inc.
From: 12121 Wilshire Blvd, Suite 350, Los Angeles, CA 90025
To: 439 N Canon Drive, Suite 207, Beverly Hills, CA 90210


Mortgage Broker Branch Certificate Address Changes:

March 18, 2020 (BR-MBD)
Embassy Funding LLC
From: 8400 North University Drive, Suite #111, Tamarac, FL 33321
To: 6245 N. Federal Highway, Suite #302, Fort Lauderdale, FL 33008


The following registered Mortgage Broker has entered into a Settlement Agreement with the Department on February 27, 2020, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Sections 597and 595-a(2)(a) of the New York Banking Law for failure to maintain books and records and Section 202 (b) of the Business Corporate Law by doing business in New York state under a name, other than that appearing in its certificate of incorporation.  The Settlement Agreement terms and conditions include a fine of $2,500.

March 12, 2020 (BR-MBD)
New York Processing, Inc.
17 Leanore Drive, Farmingdale, NY 11735


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
March 13, 2020 190234 Steven Matthew Mocciaro Laguna Hills California
March 17, 2020 1877562 Edris Ahmad Mahmoud Northville Michigan
March 17, 2020 1889616 Gregory Edward Pettway Detroit Michigan

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
March 12, 2020 4222 John Eckhardt Becker Lakeview New York J.E.B. Funding, Inc.
March 12, 2020 690810 Jeanine Marie Norwood Fairfield Connecticut Fairfield Home Loans, LLC