New York policy
A4455: Requires a stay of certain foreclosure proceedings
NY Assembly · Sponsor Kwani O'Pharrow
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Requires a stay of certain foreclosure proceedings where the mortgagor has applied for coverage under the New York state homeowner assistance fund or any local program administering federal emergency mortgage assistance program funds; allows such foreclosure proceedings to proceed against a mortgagor who has caused significant damage to the property.
ny-stateassemblylegislationbill
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