Grants the state of New York mortgage agency authority to purchase, originate, sell and modify mortgage loans and to originate chattel loans
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2019
Committee Review
Floor Vote
Governor
Introduced May 21, 2019
Last action Jan 8, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 8, 2020
Senate · Referred to committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
May 21, 2019
Senate · Referred to committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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