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New York policy

S5528: Authorizes certain state regulated institutions to offer disaster forbearance agreements to qualified mortgagors

NY Senate · Sponsor James Sanders Jr.

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Authorizes certain state regulated institutions to offer disaster forbearance agreements to qualified mortgagors whose income has been adversely affected by the outbreak of COVID-19 and is unable to make their mortgage payment.

ny-statesenatelegislationbill

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