Weekly Banking Bulletin

October 22, 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 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 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

MB

Mortgage Banker

BP

Budget Planner

BR

Mortgage Broker

CC

Check Casher

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

Sales 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

July 31, 2021 (TR-CM)
BITGO NEW YORK TRUST COMPANY LLC
150 East 52nd Street, New York, New York 10022

GALAXY DIGITAL HOLDINGS LTD.
New York, New York
MICHAEL EDWARD NOVOGRATZ, FOUNDER, OWNER and CEO at GALAXY DIGITAL
New York, New York

Application, pursuant to Section 143-b of the Banking Law, for GALAXY DIGITAL HOLDINGS LTD. and MICHAEL NOVOGRATZ to collectively acquire control of BITGO NEW YORK TRUST COMPANY, LLC, New York, New York, received.

The comment period on this application will expire on November 22, 2021.


October 15, 2021(MI-CRB)
FIELDPOINT PRIVATE BANK & TRUST
100 Field Point Road, Greenwich, CT 06830

Application, dated October 14, 2021, for permission to change the location of branch office from 400 Park Avenue, Suite 1800, Borough of Manhattan, City of New York 10022 to 300 Park Avenue, Suite 2502, Borough of Manhattan, City of New York 10022, received.


October 20, 2021 (TM-LFS)
TRANS-FAST REMITTANCE LLC
44 Wall Street, Suite 800, 8th Floor, New York, New York, 10005

Notification received for the legal name change to Mastercard Transaction Services (US) LLC.

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.


October 21, 2021 (TM-LFS)
PROVENANCE TECHNOLOGIES INC.
235 Pine Street, 22nd Floor, San Francisco, CA 94104

Application received for a license to engage in business as a transmitter of money at 235 Pine Street, 22nd Floor, San Francisco, CA. 94104.

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.


October 22, 2021 (CC-LFS)
JAY PAYROLL SERVICE, INC.
257 West 19th Street, New York, NY 10011

An application was received to relocate from 257 West 19th Street, New York, NY 10011 to 117 West 25th Street, New York, NY 10001.

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.

Any comments or objections should be submitted in writing, within ten business days, by November 5, 2021.


October 22, 2021 (TM-LFS)
SKRILL USA, INC
2 S Biscayne Blvd., Suite 2630, Miami, FL 33131

Application received for a change of control whereby Paysafe Group Holdings II Limited will acquire 100% of the outstanding shares of Skrill USA, Inc.

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 licensee.


Application to engage in the business of a Mortgage Broker under Article 12-D of the New York Banking Law received for examination:

October 19, 2021 (BR-MBD)
Applicant(s)
Joel Schreiber
As: Capsol Inc.
491 Route 208, Suite 407, Monroe, NY 10950


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

October 20, 2021 (MB-MBD)
Full Service Branch
Everett Financial, Inc.   D/B/A Supreme Lending
118 Westminster Pike, Suite 200, Reisterstown, MD 21136

October 20, 2021 (MB-MBD)
Full Service Branch
Cardinal Financial Company, Limited Partnership D/B/A Sebonic Financial
1 Old Country Rd, Ste 483, Carle Place, NY 11514

October 20, 2021 (MB-MBD)
Full Service Branch
United Shore Financial Services, LLC   D/B/As:
Shore Mortgage
United Wholesale Mortgage
700 South Boulevard E, Pontiac, MI 48341

October 20, 2021 (MB-MBD)
Full Service Branch
Intercontinental Capital Group, Inc.  D/B/A Fellowship Home Loans
59 East Main Street, Suite 61, Bayshore, NY 11706


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

September 17, 2020

1165423

Travis Harley Dick

New York

New York

April 23, 2021

1929699

Kayd Kamryn Ruggles

Ellicott City

Maryland

August 20, 2021

685473

Michael Anthony Bomparola

Bellmore

New York

August 27, 2021

2171691

Dwayne Isaac Dewberry

Lewisville

Texas

September 8, 2021

1560900

Natalie DeSouza

Brooklyn

New York

September 10, 2021

2167334

Jordan Daniel Rice

Astoria

New York

September 13, 2021

1989107

Matthew K. Miller

Lackawanna

New York

September 13, 2021

2117725

Gigliola Giselle Garcia

Brooklyn

New York

September 14, 2021

1710477

Akib Hussain

Jamaica

New York

September 20, 2021

743584

Christopher Adam Cicola

Coram

New York

October 5, 2021

319398

Joshua Glenn Tarrer

The Colony

Texas

October 5, 2021

795623

Jazmine Santana-Castillo

Yonkers

New York

October 6, 2021

1984989

Ellis Sananikone

Kings Mountain

North Carolina


SECTION II

October 18, 2021(PF-LFS)
IPFS OF NEW YORK, LLC U/A/N CAPITOL PAYMENT PLAN
1055 Broadway 11th Floor, Kansas City, Missouri 64105

The relocation of a branch office was approved as follows, effective November 1, 2021: 

From:  7878 North 16th Street, Suite 280, Phoenix, Arizona 85020
To:  7600 North 16th Street, Suite 250, Phoenix, Arizona 85020


October 18, 2021 (SF-LFS)
DISH WIRELESS FINANCING L.L.C.
9601 S. Meridian Blvd., Englewood, CO 80112

Application filed by Dish Wireless Financing L.L.C. to engage in business as a Sales Finance Company located at 9601 S. Meridian Blvd. Englewood, CO 80112 was approved effective October 14, 2021.


October 20, 2021 (TM-LFS)
LL PAY U.S., LLC
335 Madison Avenue, Suite 6F-1, New York, NY 10017

Application for a license to engage in business as a money transmitter was approved effective October 14, 2021.


October 20, 2021 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANYr /> One M&T Plaza, Buffalo, NY 14203

Approval given to change the location of branch office from 95 Madison Avenue, Borough of Manhattan, City of New York 10016 to 470 Park Avenue South, Borough of Manhattan, City of New York 10016, on or after October 21, 2021.


October 22, 2021 (TM-LFS)
INTERNET ESCROW SERVICES, INC.
180 Montgomery Street, Suite 650, San Francisco, CA 94104 

Application to engage in the business of a transmitter of money pursuant to Article XIII-B of the Banking Law was approved effective October 18, 2021.


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

October 20, 2021 (BR-MBD)
Go Rascal Inc.
285 North 6th Street, 2nd floor, Brooklyn, NY 11249


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

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC   D/B/A Thoroughbred Mortgage
800 Westchester Avenue, Suite S332, Rye Brook, NY 10573
Effective Date: March 11, 2021


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

October 15, 2021 (MB-MBD)
Home Point Financial Corporation
9190 Priority Way West Drive, Ste. 100, Indianapolis, IN 46240
Effective Date: September 27, 2021

October 15, 2021 (MB-MBD)
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Liberty Reverse Mortgage
Mortgagesave.com
PHH Mortgage Services
2333 Waukegan Road, Suite 300, Bannockburn, IL 60015
Effective Date: December 11, 2019

October 15, 2021 (MB-MBD)
Home Point Financial Corporation
2400 Maitland Center Parkway, Suite 300, Maitland, FL 32751
Effective Date: September 27, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC   D/B/A Thoroughbred Mortgage
703 Main Street, Suite 1A, Jefferson Valley, NY 10535
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC   D/B/A Thoroughbred Mortgage
16 Elm Place, Suite 1A, Rye, NY 10580
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC   D/B/A Thoroughbred Mortgage
237 Mamaroneck Avenue, Suite 1A, White Plains, NY 10605
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
1325 Route 55, Suite 1A, Lagrangeville, NY 12540
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC  D/B/A Thoroughbred Mortgage
32 Popham Road, Suite 1B, Scarsdale, NY 10583
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
113 Main Street, Suite 1A, Irvington, NY 10533
Effective Date: March 11, 2021

October 19, 2021 (MB-MBD)
Silvermine Ventures, LL  D/B/A Thoroughbred Mortgage
4 Valley Road, Suite 5A, Bronxville, NY 10701
Effective Date: March 11, 2021


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

October 15, 2021 (MLS-MBD)
Reverse Mortgage Solutions, Inc.
14405 Walters Road, Suite 300, Houston, TX 77014
Effective Date: October 1, 2021

October 15, 2021 (MLS-MBD)
Reverse Mortgage Solutions, Inc.
14405 Walters Road, Suite 500, Houston, TX 77014
Effective Date: October 1, 2021

October 15, 2021 (MLS-MBD)
Reverse Mortgage Solutions, Inc.
14405 Walters Road, Suite 400, Houston, TX 77014
Effective Date: October 1, 2021


Mortgage Banker Branch License Address Changes:

October 14, 2021 (MB-MBD)
United Mortgage Corp.  D/B/As:
NY Finest Funding
United Faith Mortgage
From: 310 RXR Plaza, Uniondale, NY 11556
To: 2620 Ditmars Blvd, Ground Floor, Astoria, NY 11105

October 14, 2021 (MB-MBD)
United Mortgage Corp.  D/B/As:
NY Finest Funding
United Faith Mortgage
From: 25 Melville Park Road, Suite 110, Melville, NY 11747
To: 399 Conklin Street, Suite 206, 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 #

Applicant Name

City

State

October 20, 2021

1664208

Elaine Wang

Orlando

Florida