Weekly Banking Bulletin

July 31, 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

July 27, 2020 (TM-LFS)
COINLIST MARKET, LLC
850 Montgomery Street, Suite 350, San Francisco, CA 94133

Application received for a license to engage in business as a transmitter of money company at 850 Montgomery Street, Suite 350, San Francisco, CA 94133.

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 27, 2020 (TM-LFS)
MEZU (NA), INC.
101 Avenue of the Americas 9th Floor, New York, NY 10013

Application received for a license to engage in business as a transmitter of money company at 101 Avenue of the Americas 9th Floor New York, NY 10013

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 28, 2020 (TM-LFS)
INTEGRATED PAYMENT SYSTEMS INC.  
5565 Glenridge Connector NE, Suite 1100, Atlanta, Georgia 30342

Notification received for the change of headquarter location from 5565 Glenridge Connector NE, Suite 1100, Atlanta, Georgia 30342 to 2900 Westside Parkway, Alpharetta, Georgia 30004.

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 31, 2020 (SF-LFS)
EMPIRE AUTO CREDIT CORP.
3652 George F. Hwy, Suite 2, Endwell, Broome County, NY 13760

Application received for a change of control whereby Jessica Eagles will acquire 100 percent of Empire Auto Credit Corp. from Constance Gault.


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

July 29, 2020 (MB-MBD)
Full Service Branch
Hunt Mortgage Corporation D/B/A Mach 1 Mortgage
4801 West Genesee Street, Suite 3A, Camillus, NY 13219


Mortgage Banker License Name Change Received:

July 29, 2020 (MB-MBD)
From: PHH Mortgage Corporation D/B/As: Instamortgage.com
Mortgagesave.com
PHH Mortgage Services

To: PHH Mortgage Corporation D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
Liberty Reverse Mortgage


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 # Applicant Name City State
May 26, 2020 1459976 Maria Bliziotis Bayville New York
June 15, 2020 1611797 Myra Hilerio Hainesport New Jersey
June 23, 2020 1974273 Eric Illowsky Tarrytown New York
July 2, 2020 1996032 Solomon Ungar Monroe New York
July 16, 2020 1211689 Michael Anthony Balzano Massapequa New York
July 16, 2020 1810789 Lori Beth VanTroost Canandaigua New York
July 17, 2020 148325 Ryan Patrick Farmingdale New York
July 17, 2020 1951495 Jamie Noelle Taylor Columbia Missouri
July 17, 2020 1963135 Cody David Greer Columbia Missouri
July 17, 2020 1965904 Kevin Jesse Schawo Columbia Missouri
July 22, 2020 1642586 Stephanie Pierce Larchmont New York

SECTION II

July 27, 2020 (TM-LFS)
TAGOMI TRADING LLC
WeWork c/o Tagomi, 650 California St., San Francisco, CA 94108

Application for change of location from 201 Montgomery Street, 2nd Floor, Jersey City, New Jersey, 07302 to WeWork c/o Tagomi, 650 California St., San Francisco, CA 94108 was approved effective July 27, 2020.


July 28, 2020 (TM-LFS)
PAYNEARME MT, INC.
5201 Great America Parkway, Suite 510,Santa Clara, CA 95054

Application approved for a change of control whereby Costanoa Venture Capital Partners II, L.P. increased its ownership to 13.58% in Handle Financial Inc. the immediate owner of PayNearMe MT, Inc.


July 28, 2020 (CC-LFS)
AMITYVILLE PAYROLL SERVICE, INC. 
575 N. Broadway, Amityville, New York 11701

Notification to surrender the license to engage in business as a casher of checks for the branch located at 385 Nassau Road, Roosevelt, NY  11575-1316, was accepted effective July 8, 2020. 


July 28, 2020 (MI-CRB)
BAXTER CREDIT UNION
340 N Milwaukee Avenue, Vernon Hills, IL 60061

Authorizations issued to open and maintain stations at the following two locations, on or after July 29, 2020:

  1. 300 Crosspoint Parkway, Getzville, Town of Amherst, Erie County, New York 14068; and
  2. 750 Woodbury Road, Woodbury, Town of Oyster Bay, Nassau County, New York 11797.

 

July 29, 2020
TAGOMI TRADING LLC
WeWork c/o Tagomi, 650 California St, San Francisco, California, 94108

License to engage in the business as a licensed money transmitter company is surrendered.


Certificate to engage in the business of a Mortgage Loan Servicer surrendered:

July 29, 2020 (MS-MBD)
Ditech Financial LLC
1100 Virginia Drive, Suite 100A, Fort Washington, PA 19034
Effective Date: March 2, 2020


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

July 29, 2020 (MB-MBD)
Cliffco, Inc.  D/B/As:
CLOUT WMB
Cliffco Mortgage Bankers
9016 Third Avenue, Storefront, Brooklyn, NY 11209
Effective Date: June 26, 2020


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

July 27, 2020 (BR-MBD)
Right Trac Financial Group, Inc.
440 Route 146, Suite B, Clifton Park, NY 12065
Effective Date: July 10, 2020


Certificate to engage in the business of a Mortgage Loan Servicer branch surrendered:

July 29, 2020 (MS-MBD)
Ditech Financial LLC
301 West Bay Street, Floors 21 & 22, Jacksonville, FL 32202
Effective Date: March 2, 2020

July 29, 2020 (MS-MBD)
Ditech Financial LLC
2100 East Elliot Road, Building 94, Tempe, AZ 85284-1806
Effective Date: March 2, 2020


Mortgage Banker Branch License Address Changes:

July 29, 2020 (MB-MBD)
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
From: 1661 Worthington Road, Suite 100 B, West Palm Beach, FL 33409
To: 1661 Worthington Road, Suite 100, West Palm Beach, FL 33409

July 29, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
From: 1110 Route 55, Suite 208, Lagrangeville, NY 12540
To: 4391 Albany Post Road, Suite #2, Hyde Park, NY 12538

July 29, 2020 (MB-MBD)
Residential Home Funding Corp.  D/B/A RHF Wholesale
From: 240-19 Jamaica Avenue, Suite #203, Bellerose, NY 11426-1054
To: 333 Jericho Turnpike, Suite 220, Jericho, NY 11753


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 # Applicant Name City State
July 29, 2020 1411132 Mohammed Ibrahim Chami Dearborn Michigan
July 29, 2020 1911744 Ross Miles Wroblewski Palm Bay Florida

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 # Applicant Name City State Sponsoring Entity
July 24, 2020 13251 Joseph Silvio Chelednik

Ridgefield

Connecticut Fairway Independent Mortgage Corporation
July 24, 2020 65105 Bruce A. Lawner

Merrick

New York Hartford Funding, Ltd.
July 24, 2020 121127 Aaron John Kloss

Lincoln

Rhode Island Nations Lending Corporation
July 24, 2020 133618 Edwin Nathaniel Santiago

Phoenixville

Pennsylvania Finance of America Mortgage LLC
July 24, 2020 184262 Robert Vincent DiRusso

Patterson

New York Mortgage Network, Inc.
July 24, 2020 217599 Martha Elena Perez

Fort Lee

New Jersey CrossCountry Mortgage, LLC
July 24, 2020 225143 Eric Russell Ellsworth

Placerville

California Reverse Mortgage Funding LLC
July 24, 2020 372080 Milton Barber

West Babylon

New York Green River Capital Corp.
July 24, 2020 376158 Elaine Evereen Morgan

Royal Palm Beach

Florida PHH Mortgage Corporation
July 24, 2020 626804 Ahmed M. Khan

Brooklyn

New York CrossCountry Mortgage, LLC
July 24, 2020 750853 John A. Savarese

Miller Place

New York Residential Home Funding Corp.
July 24, 2020 829920 Richard Russell Gallipoli

Hillsdale

New Jersey Guaranteed Rate, Inc.
July 24, 2020 885494 Joseph Francis Diblase

Chicago

Illinois CrossCountry Mortgage, LLC
July 24, 2020 987964 Lilian Cosentini-Flaim

Bridgewater

New Jersey Caliber Home Loans, Inc.
July 24, 2020 1062364 Jamie Elise Messner

Webster

New York Premium Mortgage Corp.
July 24, 2020 1420755 Adam Deng

Rego Park

New York Homebridge Financial Services, Inc.
July 24, 2020 1460108 Philip Kong

Fort Lee

New Jersey Bond Street Mortgage, LLC
July 24, 2020 1512467 Louis Ronald Trocchio

Hauppauge

New York East Coast Capital Corp.
July 24, 2020 1636293 Vincent Garrido

Marlton

New Jersey Guaranteed Rate Affinity, LLC
July 24, 2020 1736543 John Simon Perks

Chicago

Illinois Guaranteed Rate Affinity, LLC
July 24, 2020 1814838 Emily Ann Valentin

Bellport

New York Intercontinental Capital Group, Inc.
July 24, 2020 1862805 Jordan Oates

Lauderhill

Florida Hypotec Inc.
July 24, 2020 1867898 Shimon Rubinstein

Monroe

New York Capital M Inc.
July 24, 2020 1887879 Zhao Lan Zhang

Green Brook

New Jersey Summit Mortgage Bankers, Inc.
July 24, 2020 1902153 Alexander Avery-John Stiefel

Milford

Michigan Quicken Loans Inc.
July 24, 2020 1937454 Syed Mubarak Masood

South Ozone Park

New York Guidance Residential, LLC
July 24, 2020 1952738 Anthony Joseph Curcio

Staten Island

New York Freedom Mortgage Corporation
July 24, 2020 1955635 Lawrence E. Maitlin

Short Hills

New Jersey Luxury Mortgage Corp.
July 24, 2020 1956781 Edward Charles Pellicane

Westbury

New York Reliance First Capital, LLC
July 24, 2020 1960825 Gedalya Kish

Monroe

New York Ark Mortgage, Inc.
July 24, 2020 1961158 Lauren Nicole Lenger

Hartsburg

Missouri Mortgage Research Center, LLC
July 24, 2020 1966603 Joseph Porcellini

Bellmore

New York Meadowbrook Financial Mortgage Bankers Corp.
July 24, 2020 1967499 Brittany Mahealani Nanneman

Ashland

Missouri Mortgage Research Center, LLC
July 24, 2020 1968112 Dean Wayne Crippen

Columbia

Missouri Mortgage Research Center, LLC
July 24, 2020 1969944 Karl Pineiro

Miller Place

New York Nationwide Mortgage Bankers, Inc.
July 24, 2020 1975025 Chase Alexander Nelson

Oakdale

New York Superior Mortgage Co., Inc.
July 24, 2020 1981133 Yitzchok Friedman

Brooklyn

New York BSD Funding, LLC
July 24, 2020 1982434 Raymond Francesco Farinella

Schenectady

New York ClearPath Mortgage Solutions, Inc.