Weekly Banking Bulletin

May 22, 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 2, 2020 (SL-CEU)
FIGURE LENDING, LLC
100 West Liberty Street, Suite 600, Reno, NV, 89501

Application for a license to engage in business as a student loan servicer, received.

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.


May 6, 2020 (SL-CEU)
VERVENT INC.
10182 Telesis Ct., Suite 300, San Diego, CA 92121

Application for a license to engage in business as a student loan servicer, received.

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.


May 20, 2020 (TM-LFS)
WALL STREET FINANCE LLC  
72-32 Broadway, Suite 206, Jackson Heights, New York 11372

Notification received for the change of headquarter location from 72-32 Broadway, Suite 206 to 119-49 Union Turnpike, Suite 9B, Forest Hills, New York 11375.

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 establish a Mortgage Banker's Branch received for examination:

May 14, 2020 (MB-MBD)
Full Service Branch
Planet Home Lending, LLC D/B/A Planet Home Servicing
5020 Riverside Drive, Suite 300, Irving, TX 75039


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
December 10, 2019 764836 Jacqueline Marie Thein Maricopa Arizona
January 10, 2020 1524442 David Harris Freeport New York
February 13, 2020 1901342 Najla Waheed Syosset New York
February 14, 2020 908358 Abu Taiob Haq Manassas Virginia
February 21, 2020 1456207 Robert Gamalier Beato Wyandanch New York
April 28, 2020 1200092 Brett Langston Copeland Poughkeepsie New York
May 5, 2020 1494056 James William Schott Wyncote Pennsylvania
May 11, 2020 914241 Hilda Elsa Paradas Orlando Florida
May 12, 2020 221474 Thomas Charles Rydberg South Elgin Illinois
May 12, 2020 418636 Robert F. Ventola Egg Harbor Township New Jersey

SECTION II

May 14, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy branch office at 9 Marshall Hill Road, West Milford, Passaic County, NJ 07480, surrendered for cancellation.

Office discontinued as of May 8, 2020.


May 18, 2020 (TM-LFS)
ATLANTIC XCHANGE LLC
5846 Schaefer Road, Dearborn, Michigan 48126

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved effective March 12, 2020


May 20, 2020 (MI-CRB)
REPUBLIC FIRST BANK
50 South 16th Street, Suite 2400, Philadelphia, PA 19102

Application dated February 18, 2020, for permission to open and occupy a branch office at 1090 Third Avenue, Borough of Manhattan, City of New York 10065, withdrawn.


May 21, 2020 (FR-FWB)
SUMITOMO MITSUI BANKING CORPORATION
1-1-2, Marunouchi, Chiyoda-ku, Tokyo, Japan

The Department interposes no objection to the establishment of a representative office by Sumitomo Mitsui Banking Corporation at 1 North Lexington Avenue, White Plains, New York 10601.


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

May 20, 2020 (MB-MBD)
Full Service Branch
Draper and Kramer Mortgage Corp.
400 Skokie Boulevard, Suite 100, Northbrook, IL 60062-7901

May 20, 2020 (MB-MBD)
Full Service Branch
Reverse Mortgage Funding LLC
141 Sully's Trail, Suite 08A, Pittsford, NY 14534

May 20, 2020 (MB-MBD)
Full Service Branch
A&D Mortgage LLC
800 SE 4 Ave, Suite 143, Hallandale, FL 33009


Mortgage Broker Certificate Address Changes:

May 20, 2020 (BR-MBD)
Oleg Tsaryov
From: 5488 Amboy Road, Suite 4, Staten Island, NY 10312
To: 3171 Richmond Road, 2nd Floor, Staten Island, NY 10306


Mortgage Banker Branch License Address Changes:

May 20, 2020 (MB-MBD)
Fairway Independent Mortgage Corporation
From: 247 Route 100, Suite 2008, Somers, NY 10589
To: 137 Mahopac Avenue, 1st floor, Granite Springs, NY 10527

May 20, 2020 (MB-MBD)
Family First Funding LLC
From: 1000 Woodbridge Center Drive, Suite #101, Woodbridge, NJ 07095
To: 53 Woodport Road, Unit 1, Sparta, NJ 07871


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:

STATUS DATE NMLS ID NO. NAME OF APPLICANT CITY STATE
October 1, 2018 1149274 Khalil Jaafar Jaafar Northville Michigan
October 14, 2019 399390 Simon Charles Hughes Friendsville Tennessee
March 24, 2020 1756313 Shane Niko Deutschlander-Williams Maricopa Arizona
April 9, 2020 29861 Andrew Leo Marquis Concord Massachusetts
April 9, 2020 1812847 Ryan Matthew Kirkwood Lewisville Texas
April 9, 2020 1877443 Alexis Anesa Munoz Port Huron Michigan
April 27, 2020 1213480 Autumn Linae Dyer Dallas Texas
May 13, 2020 1401286 Tracy Edward Sims Torrance California
May 13, 2020 1461265 Matthew Edson Stewart Princeton Texas

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
May 18, 2020 134457 Joel Rosen Atlantic Beach New York Lakeview Mortgage Bankers Corp.