NY A06883 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 25 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 25 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Adds new conditions on authorized lenders of reverse mortgages including: delivery of a plain language notice, providing the borrower with a reverse mortgage worksheet guide and counseling, and a lapse of seven days between the reverse mortgage counseling and acceptance of the borrower's final application.
Title
Adds new conditions on authorized lenders of reverse mortgages including: delivery of a plain language notice, providing the borrower with a reverse mortgage worksheet guide and counseling, and a lapse of seven days between the reverse mortgage counseling and acceptance of the borrower's final application.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-01-08 | Assembly | referred to judiciary |
2019-03-25 | Assembly | referred to judiciary |
Same As/Similar To
S01246 (Same As) 2020-01-08 - REFERRED TO AGING