NY S05017 | 2019-2020 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on August 14 2019 - 100% progression
Action: 2019-08-14 - signed chap.166
Text: Latest bill text (Amended) [HTML]

Summary

Requires a bank or financial institution selling or transferring a mortgage during a modification process to provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred; and relates to the obligations of subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Requires a bank or financial institution selling or transferring a mortgage during a modification process to provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred; and relates to the obligations of subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative.

Sponsors


Roll Calls

2019-06-20 - Senate - Senate Rules Committee Vote (Y: 18 N: 1 NV: 0 Abs: 0) [PASS]
2019-06-20 - Senate - Senate Floor Vote - Final Passage (Y: 62 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-08-14Senatesigned chap.166
2019-08-13Assemblydelivered to governor
2019-06-20AssemblyRETURNED TO ASSEMBLY
2019-06-20AssemblyPASSED SENATE
2019-06-20Assembly3RD READING CAL.1819
2019-06-20AssemblySUBSTITUTED FOR S5017A
2019-05-29AssemblyREFERRED TO BANKS
2019-05-29Senatedelivered to senate
2019-05-29Senatepassed assembly
2019-05-23Senateadvanced to third reading cal.365
2019-05-21Senatereported
2019-05-07Senatereported referred to codes
2019-04-16Senateprint number 92a
2019-04-16Senateamend (t) and recommit to banks
2019-01-09Senatereferred to banks
2019-06-20SenateSUBSTITUTED BY A92A
2019-06-20SenateORDERED TO THIRD READING CAL.1819
2019-06-20SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2019-05-23SenatePRINT NUMBER 5017A
2019-05-23SenateAMEND (T) AND RECOMMIT TO BANKS
2019-04-03SenateREFERRED TO BANKS

Same As/Similar To

A00092 (Same As) 2019-08-14 - signed chap.166

New York State Sources


Bill Comments

feedback