NY A00092 | 2019-2020 | General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on August 14 2019 - 100% progression
Action: 2019-08-14 - signed chap.166
Text: Latest bill text (Amended) [HTML]

Summary

Requires a bank or financial institution selling or transferring a mortgage during a modification process to provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred; and relates to the obligations of subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative.

Tracking Information

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Title

Requires a bank or financial institution selling or transferring a mortgage during a modification process to provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred; and relates to the obligations of subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative.

Sponsors


Roll Calls

2019-06-20 - Senate - Senate Floor Vote - Final Passage (Y: 62 N: 0 NV: 0 Abs: 0) [PASS]
2019-05-29 - Assembly - Assembly Floor Vote - Final Passage (Y: 142 N: 0 NV: 0 Abs: 8) [PASS]
2019-05-21 - Assembly - Assembly Codes Committee: Favorable (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2019-05-07 - Assembly - Assembly Banks Committee: Favorable refer to committee Codes (Y: 26 N: 0 NV: 0 Abs: 5) [PASS]

History

DateChamberAction
2019-08-14Senatesigned chap.166
2019-08-13Assemblydelivered to governor
2019-06-20SenateRETURNED TO ASSEMBLY
2019-06-20SenatePASSED SENATE
2019-06-20Senate3RD READING CAL.1819
2019-06-20SenateSUBSTITUTED FOR S5017A
2019-05-29SenateREFERRED TO BANKS
2019-05-29Assemblydelivered to senate
2019-05-29Assemblypassed assembly
2019-05-23Assemblyadvanced to third reading cal.365
2019-05-21Assemblyreported
2019-05-07Assemblyreported referred to codes
2019-04-16Assemblyprint number 92a
2019-04-16Assemblyamend (t) and recommit to banks
2019-01-09Assemblyreferred to banks

Same As/Similar To

S05017 (Same As) 2019-08-14 - signed chap.166

New York State Sources

TypeSource
Summaryhttps://www.nysenate.gov/legislation/bills/2019/A92
Texthttps://assembly.state.ny.us/leg/?default_fld=&bn=A00092&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00092
Texthttps://assembly.state.ny.us/leg/?default_fld=&bn=A00092&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00092A
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A00092&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AC1
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A00092&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AC2
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A00092&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AF1
Roll Callhttps://www.nysenate.gov/legislation/bills/2019/A92#SF1

Bill Comments

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