Browsing Tag:Enacts

new-york-enacts-new-reverse-mortgage-foreclosures-legislation-bradley-arant-boult-cummings-llp
On December 15, 2020, New York Governor Andrew Cuomo signed a bill that, among other things, requires that reverse mortgage lenders in the state notify the state Treasury Department (DFS) and mortgage lenders of an impending foreclosure on reverse mortgage borrowers.The legal and regulatory regime for reverse mortgages has evolved rapidly over the past 24 months. Earlier this...
Continue reading
0 Comments
Share