NY A07954 | 2011-2012 | General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on May 25 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 25 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires banks and financial institutions entering into negotiations to modify a mortgage on real property located in this state to be responsible for the continuation of the modification process until its completion regardless of whether the mortgage is sold.
Title
Requires banks and financial institutions entering into negotiations to modify a mortgage on real property located in this state to be responsible for the continuation of the modification process until its completion regardless of whether the mortgage is sold.
Sponsors
Asm. Nick Perry [D] | Asm. Michael Montesano [R] | Asm. Peter Rivera [D] | Asm. Sandra Galef [D] |
Asm. Robert Reilly [D] | Sen. Dean Murray [R] |
History
Date | Chamber | Action |
---|---|---|
2012-01-04 | Assembly | referred to banks |
2011-05-25 | Assembly | referred to banks |