NY S06173 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 21 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 21 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Grants the state of New York mortgage agency authority to purchase mortgage loans from a broader pool of non-depository lenders, purchase mortgages secured by new construction loans, originate mortgage loans, originate chattel loans, sell its mortgages at private sales, and modify its mortgages to assist financially distressed homeowners.
Title
Grants the state of New York mortgage agency authority to purchase mortgage loans from a broader pool of non-depository lenders, purchase mortgages secured by new construction loans, originate mortgage loans, originate chattel loans, sell its mortgages at private sales, and modify its mortgages to assist financially distressed homeowners.
Sponsors
Sen. Rachel May [D] |
History
Date | Chamber | Action |
---|---|---|
2020-01-08 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
2019-05-21 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
Same As/Similar To
A08426 (Same As) 2020-01-08 - referred to housing