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A05441 Summary:

BILL NOA05441
 
SAME ASSAME AS S04506
 
SPONSORMaisel (MS)
 
COSPNSRBenedetto, Hoyt, Rosenthal, Reilly
 
MLTSPNSRBrennan, Brook-Krasny, DelMonte, Gordon, Mayersohn, Pheffer, Sweeney, Weisenberg
 
Add S282, RP L
 
Permits a one-time deferral of two consecutive monthly mortgage payments for the balance of the term of the mortgage on a residential mortgage; provides that the mortgage term be automatically extended by the period of such deferral and that the amount of monthly payments remain the same and not be recalculated.
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