Comments: NY S02290 | 2011-2012 | General Assembly

Bill Title: Directs the superintendent of banks to consider a banking institution's origination history for certain reverse mortgage loans to a mortgagor or mortgagors whose income does not exceed 80% of the median income of the county of residence when assessing its performance records in meeting credit needs of local communities.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-18 - REFERRED TO BANKS [S02290 Detail]

Text: Latest bill text (Introduced) [HTML]

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