Weekly Banking Bulletin

January 15, 2021

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

 

January 14, 2021
CALL FOR REPORTS

The Superintendent of Financial Services issues a call for reports of condition and income from banks, trust companies and private bankers as of the close of business December 31, 2020.  In accordance with Part 23 of the General Regulations of the Superintendent, those banks and trust companies, which file similar reports with the Federal Reserve Bank of New York or the Federal Deposit Insurance Corporation, may file those same reports with this Department.  Banks, trust companies, and private bankers that are required to file reports with the Department of Financial Services are reminded to file these reports by February 1, 2021.


December 30, 2020 (BK-CRB)
SAVOY BANK
600 Fifth Avenue (17th Floor), New York, NY 10020

Application dated December 21, 2020, for permission to open and occupy a branch office at 4400 Route 9, Unit 2800, Freehold, Monmouth County, New Jersey 07728, received.


January 12, 2021 (BK-CRB)
THE BERKSHIRE BANK
4 East 39th Street, New York, NY 10016

Notice of intention to close branch office at 1119 Avenue J, Borough of Brooklyn, City of New York 11230, received.

The comment period on this notice will expire February 16, 2021.


January 13, 2021 (TM-LFS)
INCOMM FINANCIAL SERVICES, INC.
1200 Brookstone Centre Parkway, Suite 220, Columbus, Georgia, 31904

Notification received for the change of location from 1200 Brookstone Centre Parkway, Suite 220, Columbus, Georgia, 31904 to 2525 Williams Road, Columbus, Georgia, 31909.

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.


January 13, 2021 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Notice of intention to close branch office at 103-42 Lefferts Boulevard, Richmond Hill, Borough of Queens, City of New York 11419, received.

The comment period on this notice will expire February 16, 2021.


January 13, 2021 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Notice of intention to close branch office at 8601 21st Avenue, Borough of Brooklyn, City of New York 11214, received.

The comment period on this notice will expire February 16, 2021.


Application to engage in the business of a Mortgage Loan Servicer under Article 12-D of the New York Banking Law received for examination amended to read as follows:

From:
May 13, 2020 (MS-MBD)
Applicant(s)
Andrew Wang
Eric Lin Chiang
Jerold Monik Jeffcoat
Jonathan Randy Hsu
GoServiceOne, Inc.
As: Peach Street, Inc.
3100 West Ray Road, Suite 201, Office 263, Chandler, AZ 85226

To:
January 12, 2021 (MS-MBD)

Applicant(s)
Andrew Wang
Eric Lin Chiang
Jerold Monik Jeffcoat
Jonathan Randy Hsu
Valon Technologies, Inc.
As: Valon Mortgage, Inc.
3100 West Ray Road, Suite 201, Office 263, Chandler, AZ 85226


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

January 7, 2021 (MB-MBD)
Full Service Branch
Home Point Financial Corporation
Chandler 202, 2525 West Frye Road, Suite 115, Chandler, AZ 85224

January 7, 2021 (MB-MBD)
Full Service Branch
Draper and Kramer Mortgage Corp.
1819 Main Street, Suite 212, Sarasota, FL 34236

January 7, 2021 (MB-MBD)
Full Service Branch
Mortgage Research Center, LLC   D/B/As:
VAMortgageCenter
Veteran Loan Center
Veterans United Home Loans
111 Corporate Office Drive, Suite 400, Earth City, MO 63045

January 11, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
2411 Chestnut Avenue, Suite C, Ronkonkoma, NY 11779

January 11, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
11 West Avenue, Suite 2, Chester, NY 10918

January 12, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
200 Mullin Street, Suite 102, Watertown, NY 13601


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
August 3, 2020 1982453 Pouya Nazarian Roslyn New York
August 31, 2020 233403 Jereme Michael Albin Chapel Hill North Carolina
October 2, 2020 1435341 Daniel Adam DiBiasi Island Park New York
November 12, 2020 2042222 Jeffrey Memisha Wantagh New York
November 12, 2020 2059860 Jesse Hamilton Conners Pittsford New York
November 16, 2020 240381 James Nicholas Tolley Newmarket New Hampshire
November 20, 2020 1985668 Sherry Anne Keeley Boca Raton Florida
November 20, 2020 2029171 Jose Alfredo Martinez-Cortes Islip New York
November 20, 2020 2040519 Sam James Mogavero Garden City New York
November 24, 2020 347859 Roger Aaron Hans Valley Stream New York
November 30, 2020 1414907 Scott Saypol Denville New Jersey
December 3, 2020 65508 Carlos Gregory Olaechea Smithtown New York
December 4, 2020 1828741 Susan Marie Hunter Concord North Carolina
December 7, 2020 1906764 Jonathan Anthony Rosa Bethpage New York
December 9, 2020 1349210 Tremar D'Andre Yetman Jamaica New York
December 9, 2020 2024235 Yitzchok Wolner Suffern New York
December 9, 2020 2031558 Leonard Legotte Oyster Bay New York
December 10, 2020 914330 Federico Maruca Carlsbad California
December 10, 2020 1940066 Dennis Michael Canlas Hawthorne New Jersey
December 10, 2020 2043356 Tracey Ann Tabacco Staten Island New York
December 11, 2020 2026922 Christian Runco Troy New York
December 13, 2020 602984 Jermaine Predestin Lynbrook New York
December 14, 2020 7717 Elisa Zitoli Babylon New York
December 14, 2020 2029680 Brandon Steven Elkins Columbia Missouri
December 16, 2020 1059406 David Ronald Bashel Brooklyn Park Minnesota
December 16, 2020 1897212 Ryan Michael-Lee Gibson Cockeysville Maryland
December 16, 2020 1941702 Frank Anthony Micakaj Shelby Township Michigan
December 16, 2020 1941876 Ali-Alreda Mohamad Samhat Garden City Michigan
December 16, 2020 1957214 Christopher Todd Rigley Livonia Michigan
December 16, 2020 1957952 Emily Anne Nadeau Westland Michigan
December 16, 2020 1957970 Oula Ali Nasrallah Dearborn Michigan
December 16, 2020 1971480 Fahad Fikrat-Toma Battota Sterling Heights Michigan
December 17, 2020 1955205 Corbin James Presson Columbia Missouri
December 17, 2020 2018926 Joseph L. Wisniewski Yaphank New York
December 18, 2020 266362 Kenneth Lee Wood Canton Georgia
December 18, 2020 1006440 Amy Jean O'Dell Ashburn Virginia
December 18, 2020 1409281 Anthony Michael Servedio Allentown Pennsylvania
December 18, 2020 1957266 Gwendolyn Marie Sajewski Dearborn Michigan
December 18, 2020 1957822 Daniel O'Malley MacDonald Plymouth Michigan
December 18, 2020 2069701 Jonathan Matthew Esposito West Hartford Connecticut
December 22, 2020 7316 Randall Scott Dambrosio Old Bethpage New York
December 22, 2020 268355 Joseph Erik Arce Westminster California
December 22, 2020 1223178 Amy McCauley Alonge Haymarket Virginia
December 23, 2020 1966031 William F. Towers Huntington New York
December 23, 2020 1970869 Bradford Joseph Pugh Clinton Township Michigan
December 24, 2020 864807 Eric Benjamin Schaffer Baltimore Maryland
December 24, 2020 1957037 Paul Bernard Nettles Detroit Michigan
December 24, 2020 1957038 Sal Sabri Nissan Warren Michigan
December 24, 2020 1957829 Joel Anthony Marshall Ann Arbor Michigan
December 24, 2020 1957908 Caroline Misztal Detroit Michigan
December 24, 2020 1971113 Kiana Marie Rice Clinton Township Michigan
December 28, 2020 626455 Yvan Mardy Laurelton New York
December 28, 2020 1430485 Armand Daniel Begay Laguna Beach California
December 28, 2020 2071882 Kelly Michelle Bivens Columbia Missouri
December 29, 2020 2024202 Nicholas A. Bonanno Hartsdale New York
December 30, 2020 1301900 Steven Yap Easton Pennsylvania
December 30, 2020 1779210 Paloma Diane Remington Huntington Beach California
December 31, 2020 346594 Marlon Kevin John Mineola New York
January 4, 2021 55300 Darlene Baker Plainview New York
January 4, 2021 1652747 Nishli Anushka Hartman Rancho Mission Viejo California
January 4, 2021 1961500 Matthew Steven Spratford Montauk New York
January 4, 2021 2055851 Gina Marie Ferri Thornwood New York
January 5, 2021 2017302 Daniel John Buschjost California Missouri
January 6, 2021 67235 Guido G. Fava Mahopac New York
January 8, 2021 6840 Steven R. Michaels Atlantic Beach New York
January 8, 2021 1097188 David Louis Anthony Bart Corona California
January 11, 2021 1583753 Joshua Peter Phillips Chicago Illinois
January 11, 2021 2006800 Emily Rose Teleposky Brooklyn New York
January 12, 2021 1846555 Kole Richard Iftikhar Jersey City New Jersey

SECTION II

January 8, 2021 (MI-CRB)
FIRST-CITIZENS BANK & TRUST COMPANY
4300 Six Forks Road, Raleigh, NC 27609

Notifications received, in accordance with Supervisory Policy G 8, of the establishment of representative offices to be located at:

  1. 125 Wolf Road, Albany, Albany County, New York 12205; and
  2. 11 West 42nd Street, Borough of Manhattan, City of New York 10036.

January 13, 2021 (FR-FWB)
ABSA BANK LIMITED
Absa Towers West, 15 Troye Street, 7th Floor, Johannesburg, 2001, South Africa

The Department interposes no-objection to the notification, pursuant to Section 221-e of the Banking Law, of the relocation of the representative office from 1460 Broadway, Borough of Manhattan, City of New York 10036 to 610 5th Avenue, Borough of Manhattan, City of New York 10020.


Certificate issued to engage in the business as a Mortgage Loan Servicer under Article 12-D of the New York Banking Law:

January 11, 2021 (MS-MBD)
PennyMac Holdings, LLC
3043 Townsgate Road, Suite 310, Westlake Village, CA 91361


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

January 13, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
9714 101 Ave, Ozone Park, NY 11416

January 13, 2021 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
17 Catoonah Street, Ridgefield, CT 06877

January 13, 2021 (MB-MBD)
Full Service Branch
Quicken Loans, LLC
8566 Main Street, Williamsville, NY 14221

January 13, 2021 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
430 Main St, Suite 109, Agawam, MA 01001


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

January 8, 2021 (MB-MBD)
Guaranteed Rate, Inc.
270 Sparta Ave., Suite 204, Sparta, NJ 07871
Effective Date: January 8, 2021

January 12, 2021 (MB-MBD)
Residential Mortgage Services, Inc.
120 Hebron Avenue, Second Floor, Level 2R, Suite 2-D, Glastonbury, CT 06033
Effective Date: December 30, 2020

January 12, 2021 (MB-MBD)
1st Priority Mortgage, Inc.
6245 Sheridan Drive, Suite 108, Amherst, NY 14221
Effective Date: December 18, 2020

January 12, 2021 (MB-MBD)
Hunt Mortgage Corporation  D/B/A Mach 1 Mortgage
6849 East Genesee Street, Fayetteville, NY 13066
Effective Date: July 29, 2020


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

January 12, 2021 (BR-MBD)
WC Financial in lieu of
Warshaw Capital, LLC
37 Whitney Avenue, Unit 2B, New Haven, CT 06510
Effective Date: November 6, 2020


Mortgage Banker Branch License Address Changes:

January 13, 2021 (MB-MBD)
Finance of America Mortgage LLC
From: 15345 Fairfield Ranch Rd., Ste. 160, Chino Hills, CA 91709
To: 123 North Lake Avenue, Suite 100, Pasadena, CA 91101

January 13, 2021 (MB-MBD)
Caliber Home Loans, Inc.
From: 3701 Regent Blvd., Suite 400, Irving, TX 75063
To: 3401 Olympus Blvd., Suite 200, Coppell, TX 75019


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
January 8, 2021 55300 Darlene Baker Plainview New York East Coast Funding of New York, Inc.

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
January 7, 2021 651307 Justin Lee Basinger Ashland Missouri
January 7, 2021 1993733 Raul Macario Compian Dallas Texas
January 7, 2021 2030784 Ian Samuel Frank Land O' Lakes Florida