NY S02758 | 2017-2018 | General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2018-06-20 - COMMITTED TO RULES
Pending: Senate Rules Committee
Text: Latest bill text (Amended) [HTML]

Summary

Adds new conditions on authorized lenders of reverse mortgages including: delivery of a plain language notice, providing the borrower with a reverse mortgage worksheet guide and counseling, and a lapse of seven days between the reverse mortgage counseling and acceptance of the borrower's final application.

Tracking Information

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Title

Adds new conditions on authorized lenders of reverse mortgages including: delivery of a plain language notice, providing the borrower with a reverse mortgage worksheet guide and counseling, and a lapse of seven days between the reverse mortgage counseling and acceptance of the borrower's final application.

Sponsors


History

DateChamberAction
2018-06-20SenateCOMMITTED TO RULES
2018-03-15SenateADVANCED TO THIRD READING
2018-03-14Senate2ND REPORT CAL.
2018-03-13Senate1ST REPORT CAL.639
2018-01-03SenateREFERRED TO AGING
2017-06-21SenateCOMMITTED TO RULES
2017-03-01SenateADVANCED TO THIRD READING
2017-02-28Senate2ND REPORT CAL.
2017-02-14Senate1ST REPORT CAL.245
2017-02-07SenatePRINT NUMBER 2758A
2017-02-07SenateAMEND AND RECOMMIT TO AGING
2017-01-17SenateREFERRED TO AGING

Same As/Similar To

A07589 (Same As) 2018-01-03 - referred to judiciary

New York State Sources


Bill Comments

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