NY S08744 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 13 2020 - 25% progression, died in committee
Action: 2020-07-13 - REFERRED TO RULES
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on July 13 2020 - 25% progression, died in committee
Action: 2020-07-13 - REFERRED TO RULES
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to the forbearance of residential and commercial investment property mortgage repayments; requires New York regulated banking organizations to make applications for forbearance for residential and commercial investment property mortgage repayments available to qualified mortgagors during the period in which the NY on PAUSE order is in effect in the county wherein the qualified mortgagor holder is located and to grant such applications for a period of 180 days.
Title
Relates to the forbearance of residential and commercial investment property mortgage repayments; requires New York regulated banking organizations to make applications for forbearance for residential and commercial investment property mortgage repayments available to qualified mortgagors during the period in which the NY on PAUSE order is in effect in the county wherein the qualified mortgagor holder is located and to grant such applications for a period of 180 days.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-07-13 | Senate | REFERRED TO RULES |
Same As/Similar To
A10532 (Same As) 2020-07-22 - ordered to third reading rules cal.329
