Bill

Bill > A08244


NY A08244

NY A08244
Increases fee amount authorized to be imposed on mortgagees or their agents.


summary

Introduced
05/05/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property actions and proceedings law, in relation to registrations of residential mortgages in default

AI Summary

This bill increases the maximum annual fee that local governments can charge for registering residential mortgages that are in default, from seventy-five dollars to three hundred dollars, and prohibits mortgage lenders or their agents from passing this registration fee onto the homeowner who is in default on their mortgage.

Committee Categories

Justice

Sponsors (1)

Last Action

print number 8244a (on 02/02/2026)

bill text


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