Weekly Banking Bulletin

October 2, 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

September 10, 2020 (PF-LFS)
AFCO CREDIT CORPORATION
1133 Avenue of Americas, Suite 2735-39, New York, NY 10036

A notification was received for the relocation of the main office, as follows:
From:  1133 Avenue of Americas, Suite 2735-39, New York, NY 10036
To:  5600 North River Road, 4th Floor, Columbia Centre 1, Rosemont, Illinois 60018

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.


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

A notification was received for the relocation of the main office, as follows:
From:  1133 Avenue of Americas, Suite 2735-39, New York, NY 10036
To:  5600 North River Road, 4th Floor, Columbia Centre 1, Rosemont, Illinois 60018

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.


September 16, 2020 (SF-LFS)
FORD MOTOR CREDIT COMPANY LLC U/A/N LINCOLN AUTOMOTIVE FINANCIAL SERVICES, U/A/N JAGUAR CREDIT, U/A/N LAND ROVER CAPITAL GROUP, U/A/N MAZDA AMERICAN CREDIT, U/A/N PRIMUS FINANCIAL SERVICES, U/A/N VOLVO CAR FINANCE NORTH AMERICA
One American Road, Dearborn, Michigan 48126 

Application was received for a license to operate a branch office at 9009 Carothers Parkway, Franklin, Tennessee 37067.

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.


September 24, 2020 (BK-CRB)
THE BERKSHIRE BANK
4 East 39th Street, New York, NY 10016

Notice of intention to close branch office at 60 Main Street, Bloomingburg, Sullivan County, New York 12721, received.

The comment period on this notice will expire November 2, 2020.


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

September 30, 2020 (MB-MBD)
Full Service Branch
Guidance Residential, LLC
One Cragwood Road, Suite 304, South Plainfield, NJ 07080


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

September 30, 2020 (BR-MBD)
Full Service Branch
Astar Home Capital Inc
21 Grove Street, Suite 207, Spring Valley, NY 10977


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

September 29, 2020 (BR-MBD)
Applicant(s)
Anton Robert Hanebrink
Daniel Ross Oseran
Halo Merger Sub II, LLC
Intuit Inc.
Jana Lee Julia Hocker
Michelle Marie Clatterbuck
Sasan Khanlari Goodarzi
To acquire interest in:
Credit Karma Mortgage, Inc.  D/B/ACredit Karma
760 Market Street, 2nd Floor, San Francisco, CA 94102


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
March 9, 2020 1661993 Monir Hossain Hollywood Florida
May 29, 2020 1943719 Hye Jean Lim Shelton Connecticut
June 30, 2020 869926 Michael Robert Yazhari Hillsboro Oregon
July 27, 2020 208366 Namit Namit Aventura Florida
July 30, 2020 1926828 Christine Marie Yasinsky Huntington New York
August 4, 2020 149162 Lorraine D. Piechnik Apex North Carolina
August 11, 2020 2000626 Sean Malachi O'Connor Stamford Connecticut
August 19, 2020 1971220 Brandi Lee Jornov Germantown New York
August 19, 2020 1998623 Salo Julian Elbaum Jersey City New Jersey
September 1, 2020 1910006 Yichao Isabella Li Sound Beach New York
September 8, 2020 1971609 David Szucs New York New York
September 9, 2020 1910297 Vivian Cabrera West New York New Jersey
September 14, 2020 1961796 Tyler Dallas Scott Ashland Missouri
September 16, 2020 1942393 Christopher Reilly Carter Riverside Connecticut
September 16, 2020 2002317 Frank Thomas Canepa Kings Park New York
September 17, 2020 1285928 Wayne Grant Voges Farmington New York
September 25, 2020 871080 Kelly Ann Hanninen San Diego California
September 28, 2020 1640496 Jordon Christopher Kane Fishers Indiana
September 29, 2020 1281592 Megan Michelle Stutts Indianapolis Indiana

SECTION II

June 17, 2020 (SF-LFS)
SIERRA AUTO FINANCE LLC
5005 LBJ Freeway, Suite 700, Dallas, TX, 75244

License to engage in business as a sales finance company was surrendered.


September 24, 2020 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Authorization issued to open and occupy a branch office at 110 Corcoran Street (Suite 310), Durham, Durham County, North Carolina 27701, on or after September 25, 2020.

(This branch will conduct branch activities except for teller services - no acceptance or withdrawal of cash and no acceptance of negotiable instruments. Branch services will be available by appointment only.)


September 24, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Approval given to change the location of branch office from 101 South Salina Street, Syracuse, Onondaga County, New York 13202 to 250 South Clinton Street, Syracuse, Onondaga County, New York 13202, on or after September 25, 2020.


September 24, 2020 (TR-CRB)
AMALGAMATED BANK
275 Seventh Avenue (Fourteenth Floor), New York, NY 10001

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 52 Broadway, Borough of Manhattan, City of New York 10004, will not result in a significant reduction of banking services in the community to be affected.


September 25, 2020 (MI-CRB)
HABIB FAMILY TRUST
HAMZA HABIB
Hong Kong SAR, People’s Republic of China
KEVIN BARNARD
Fort Myers, FL
JÜRG GUGGISBERG
Zurich, Switzerland

Application, pursuant to Section 143-b of the Banking Law, for Hamza Habib, Kevin Barnard, and Jὔrg Guggisberg as successor trustees of the Habib Family Trust to acquire indirect control of Habib American Bank, New York, New York, approved.


September 25, 2020 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization Certificate issued July 8, 1996, granting permission to open and occupy branch office at 2700 North Forest Road, Getzville, Town of Amherst, Erie County, New York 14068, surrendered for cancellation.

Office discontinued as of September 25, 2020.


September 28, 2020 (CC-LFS)
ROMAR CHECK CASHING CORP. D/B/A CHECKS & MORE
1775 Flatbush Avenue, Brooklyn, NY 11210   

The licenses to engage in business as a casher of checks at the following locations have been surrendered:
Main office:  1775 Flatbush Avenue, Brooklyn, NY 11210
Branch office:  1135-1137 Fulton Street, Brooklyn, NY 11238

Effective July 31, 2020, Romar Check Cashing Corp. is no longer authorized to conduct check cashing business in the State of New York.


September 28, 2020 (BP-LFS)
CONSUMER DEBT COUNSELORS, INC.
831 W. Morse Boulevard, Winter Park, Florida 32789

The license to engage in business as a budget planner at the following location was surrendered, effective September 9, 2020:

Branch office:  989 Jerusalem Avenue, Merrick, New York 11566


September 30, 2020 (TM-LFS)
INTEGRATED PAYMENT SYSTEMS INC.  
5565 Glenridge Connector NE, Suite 1100, Atlanta, Georgia 30342

Application for the change of headquarter location from 5565 Glenridge Connector NE, Suite 1100, Atlanta, Georgia 30342 to 2900 Westside Parkway, Alpharetta, Georgia 30004 was approved effective September 17, 2020.


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

September 30, 2020 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
6371 Business Blvd, Suite 102, Lakewood Ranch, FL 34240


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

September 30, 2020 (MB-MBD)
Hunt Mortgage Corporation D/B/A Mach 1 Mortgage
20991 Route 3, Suite 4, Watertown, NY 13601
Effective Date: September 30, 2020


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

September 29, 2020 (BR-MBD)
Heartland Mortgage Corp.
30-97 Steinway Street Suite 207, Astoria, NY 11103
Effective Date: July 27, 2020


Mortgage Broker Certificate Address Changes:

September 24, 2020 (BR-MBD)
First Financial Services Inc.
From: 213-33 39th Avenue, Suite #236A, Bayside, NY 11361-2092
To: 13615 37th Avenue, Suite 3A, Flushing, NY 11354


Mortgage Banker Branch License Address Changes:

September 25, 2020 (MB-MBD)
Guaranteed Rate, Inc.
From: 28 Trinity Street, Suite 1, Newton, NJ 07860
To: 270 Sparta Ave., Suite 204, Sparta, NJ 07871


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
September 22, 2020 1176897 Gulin Cosgrove Sanford Florida Freedom Mortgage Corporation
September 22, 2020 1832045 Deepti Sharma Woodside New York CrossCountry Mortgage, LLC
September 22, 2020 1845767 Myrasia Titiana Flowers Cleveland Ohio Quicken Loans, LLC
September 22, 2020 1860031 Jacob Ding New York New York GuardHill Financial Corp.
September 22, 2020 1930762 Ahmed Abdel-Naser Mohammad Dearborn Heights Michigan Quicken Loans, LLC
September 22, 2020 1950069 Toni Lynn Occhipinti Rockville Centre New York Better Mortgage Corporation
September 22, 2020 1962871 Igor Breger Brooklyn New York Tri State Mortgage Corporation
September 22, 2020 1968971 Michael Stephen Powers Queens Village New York Homebridge Financial Services, Inc.
September 22, 2020 1972084 Nicholas Anthony Travaglione East Northport New York Fairway Independent Mortgage Corporation
September 22, 2020 1979042 Michael Richard David Huntington New York JMK Financial Group, Inc.
September 22, 2020 1994155 Ryan James Dowdy Glenville New York ClearPath Mortgage Solutions, Inc.
September 22, 2020 1996131 Gedolia Steinmetz Brooklyn New York The Mint Capital Inc.
September 22, 2020 2000964 Brian Thomas Haines Blue Springs Missouri Mortgage Research Center, LLC
September 22, 2020 2004277 Faigie B. Berkowitz Monsey New York The Everest Equity Company, Inc.
September 22, 2020 2012168 Jesse Manuel Maracallo Bedford Hills New York Quintessential Mortgage Group, Inc.
September 30, 2020 399500 Chaoqi Su Ellicott City Maryland Ivy Mortgage, Inc.
September 30, 2020 1110462 Michael Thomas Naughton Irvine California loanDepot.com, LLC
September 30, 2020 1417100 Carol Ann Clark Palm Bay Florida Sourcepoint, Inc.
September 30, 2020 1767794 Eduardo Javier Ramirez Jamaica New York Nationwide Mortgage Bankers, Inc.
September 30, 2020 1853581 Celina Marie Shepherd Maricopa Arizona Nationstar Mortgage LLC
September 30, 2020 1919553 Charles A. Bianco Woodmere New York Great Northern Mortgage Corp.
September 30, 2020 1942552 Berenildes Gomez Farmingdale New York Intercontinental Capital Group, Inc.
September 30, 2020 1942737 Veronica Rocio Leon Jamaica New York FM Home Loans, LLC
September 30, 2020 1951327 Jason M. Nordyk Medford Lakes New Jersey Arc Home LLC