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S06173 Summary:
| BILL NO | S06173 |
| SAME AS | SAME AS A08426 |
| SPONSOR | MAY |
| COSPNSR | |
| MLTSPNSR | |
| Amd §§2401, 2402, 2404 & 2405-b, add §2405-g, Pub Auth L | |
| Grants the state of New York mortgage agency authority to purchase mortgage loans from a broader pool of non-depository lenders, purchase mortgages secured by new construction loans, originate mortgage loans, originate chattel loans, sell its mortgages at private sales, and modify its mortgages to assist financially distressed homeowners. | |