Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO AGING [S01246 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2019-01-11	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York S01246

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York S01246 currently on file.

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