Comments: NY S08243 | 2019-2020 | General Assembly

Bill Title: Relates to the forbearance of residential mortgage payments; requires New York regulated banking organizations to make applications for forbearance for residential mortgages available to qualified mortgagors during the period in which the NY on PAUSE order is in effect in the county wherein the qualified mortgagor is located and to grant such applications for a period of 180 days.

Spectrum: Partisan Bill (Democrat 20-1)

Status: (Passed) 2020-06-17 - SIGNED CHAP.112 [S08243 Detail]

Text: Latest bill text (Amended) [HTML]

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