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A08426 Summary:

BILL NOA08426
 
SAME ASSAME AS S06173
 
SPONSORCymbrowitz
 
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.
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