Bill Sponsors: NY A05626 | 2019-2020 | General Assembly
Bill Title: Provides for the regulation of reverse mortgages that are issued under the federal home equity conversion mortgage program; prohibits the deceptive advertising and issuance of such mortgages; requires that independent counseling be provided to applicants for such mortgages; requires lenders to provide notice of duty of mortgagor to pay certain property related expenses when equity in the real property is low or depleted; prohibits foreclosure on mortgaged property based on the failure of the mortgagor to live on the property, until an inspection has been made at the property; establishes a proved right of action with treble damages for violations of such provisions.
Spectrum: Partisan Bill (Democrat 32-0)
Status: (Passed) 2019-12-06 - approval memo.27 [A05626 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 32-0)
Status: (Passed) 2019-12-06 - approval memo.27 [A05626 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Assemblymember Helene Weinstein [D] | Primary | Sponsored Bills | HD-041 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Walter Mosley [D] | Cosponsor | Sponsored Bills | HD-057 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Peter Abbate [D] | Cosponsor | Sponsored Bills | HD-049 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember William Colton [D] | Cosponsor | Sponsored Bills | HD-047 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Steven Cymbrowitz [D] | Cosponsor | Sponsored Bills | HD-045 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Sandra Galef [D] | Cosponsor | Sponsored Bills | HD-095 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Kenneth Zebrowski [D] | Cosponsor | Sponsored Bills | HD-096 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Latoya Joyner [D] | Cosponsor | Sponsored Bills | HD-077 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Felix Ortiz [D] | Cosponsor | Sponsored Bills | HD-051 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Deborah Glick [D] | Cosponsor | Sponsored Bills | HD-066 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Jeffrey Dinowitz [D] | Cosponsor | Sponsored Bills | HD-081 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Robert Carroll [D] | Cosponsor | Sponsored Bills | HD-044 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Anthony D'Urso [D] | Cosponsor | Sponsored Bills | HD-016 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Phillip Steck [D] | Cosponsor | Sponsored Bills | HD-110 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Alicia Hyndman [D] | Cosponsor | Sponsored Bills | HD-029 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Diane Richardson [D] | Cosponsor | Sponsored Bills | HD-043 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Jeffrion Aubry [D] | Cosponsor | Sponsored Bills | HD-035 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Rebecca Seawright [D] | Cosponsor | Sponsored Bills | HD-076 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Thomas Abinanti [D] | Cosponsor | Sponsored Bills | HD-092 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Monica Wallace [D] | Cosponsor | Sponsored Bills | HD-143 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Kevin Cahill [D] | Cosponsor | Sponsored Bills | HD-103 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Donna Lupardo [D] | Cosponsor | Sponsored Bills | HD-123 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Patrick Burke [D] | Cosponsor | Sponsored Bills | HD-142 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Alfred Taylor [D] | Cosponsor | Sponsored Bills | HD-071 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Catalina Cruz [D] | Cosponsor | Sponsored Bills | HD-039 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Richard Gottfried [D] | Cosponsor | Sponsored Bills | HD-075 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Vivian Cook [D] | Primary | Sponsored Bills | HD-032 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Steven Englebright [D] | Primary | Sponsored Bills | HD-004 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Judy Griffin [D] | Primary | Sponsored Bills | HD-021 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Catherine Nolan [D] | Primary | Sponsored Bills | HD-037 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Jo Simon [D] | Primary | Sponsored Bills | HD-052 | FollowTheMoney | Ballotpedia | VoteSmart |
Assemblymember Fred Thiele [D] | Primary | Sponsored Bills | HD-001 | FollowTheMoney | Ballotpedia | VoteSmart |