NY A04557 | 2015-2016 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 3 2015 - 25% progression, died in chamber
Action: 2016-03-03 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]

Summary

Prohibits a mortgage servicer from obtaining force-placed insurance in certain circumstances; requires a mortgage servicer to provide written notices prior to obtaining force-placed insurance; regulates the cost of coverage a mortgage servicer may obtain for force-placed insurance.

Tracking Information

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Title

Prohibits a mortgage servicer from obtaining force-placed insurance in certain circumstances; requires a mortgage servicer to provide written notices prior to obtaining force-placed insurance; regulates the cost of coverage a mortgage servicer may obtain for force-placed insurance.

Sponsors


History

DateChamberAction
2016-03-03Assemblyenacting clause stricken
2016-01-06Assemblyreferred to banks
2015-02-03Assemblyreferred to banks

Same As/Similar To

S02358 (Same As) 2016-01-06 - REFERRED TO BANKS

New York State Sources


Bill Comments

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