| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Aug 02, 2021 | approval memo.16 signed chap.395 |
| Jul 21, 2021 | delivered to governor |
| Jun 07, 2021 | returned to senate passed assembly ordered to third reading rules cal.82 substituted for a2502a referred to ways and means returned to assembly repassed senate |
| Jun 03, 2021 | amended on third reading 5785a |
| Jun 03, 2021 | vote reconsidered - restored to third reading returned to senate recalled from assembly |
| Jun 01, 2021 | recommitted to judiciary substitution reconsidered |
| May 24, 2021 | ordered to third reading rules cal.82 substituted for a2502 |
| Jun 07, 2021 | substituted by s5785a |
| Jun 01, 2021 | amended on third reading (t) 2502a |
| Jun 01, 2021 | restored to third reading substitution reconsidered |
| May 24, 2021 | substituted by s5785 rules report cal.82 reported |
| May 19, 2021 | reported referred to rules |
| Jan 19, 2021 | referred to judiciary |
assembly Bill A2502
Signed By Governor2021-2022 Legislative Session
Sponsored By
WEINSTEIN
Archive: Last Bill Status Via S5785 - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
Your Voice
Actions
Votes
Bill Amendments
Co-Sponsors
Al Taylor
A2502 - Details
A2502 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2502
2021-2022 Regular Sessions
I N A S S E M B L Y
January 19, 2021
___________
Introduced by M. of A. WEINSTEIN, TAYLOR -- read once and referred to
the Committee on Judiciary
AN ACT to amend the real property actions and proceedings law, in
relation to foreclosure of mortgages
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 1302 of the real property actions and proceedings
law, as amended by chapter 472 of the laws of 2008, is amended to read
as follows:
§ 1302. Foreclosure of [high-cost home loans and subprime home loans]
MORTGAGES. 1. Any complaint served in a proceeding initiated pursuant
to this article [relating to a high-cost home loan or a subprime home
loan, as such terms are defined in section six-l and six-m of the bank-
ing law, respectively,] must contain an affirmative allegation that at
the time the proceeding is commenced, the plaintiff:
(a) is the owner and holder of the subject mortgage and note, or has
been delegated the authority to institute a mortgage foreclosure action
by the owner and holder of the subject mortgage and note; and
(b) has complied with all of the provisions of section five hundred
ninety-five-a of the banking law and any rules and regulations promul-
gated thereunder, section six-l or six-m of the banking law, and section
thirteen hundred four of this article.
2. It shall be a defense to an action to foreclose a mortgage [for a
high-cost home loan or subprime home loan] that the terms of the home
loan or the actions of the lender violate any provision of section six-l
or six-m of the banking law or section thirteen hundred four of this
article.
§ 2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law and shall apply to
actions commenced on or after such date.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00013-01-1
Co-Sponsors
Al Taylor
A2502A (ACTIVE) - Details
A2502A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2502--A
R. R. 82
2021-2022 Regular Sessions
I N A S S E M B L Y
January 19, 2021
___________
Introduced by M. of A. WEINSTEIN, TAYLOR -- read once and referred to
the Committee on Judiciary -- reported and referred to the Committee
on Rules -- ordered to a third reading, passed by Assembly and deliv-
ered to the Senate, recalled from the Senate, vote reconsidered, bill
amended, ordered reprinted, retaining its place on the special order
of third reading
AN ACT to amend the real property actions and proceedings law, in
relation to foreclosure of residential mortgages covering one to four
family dwellings
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 1302 of the real property actions and proceedings
law, as amended by chapter 472 of the laws of 2008, is amended to read
as follows:
§ 1302. Foreclosure of [high-cost home loans and subprime home loans]
CERTAIN RESIDENTIAL MORTGAGES. 1. Any complaint served in a proceeding
initiated ON A RESIDENTIAL MORTGAGE COVERING A ONE TO FOUR FAMILY DWELL-
ING pursuant to this article [relating to a high-cost home loan or a
subprime home loan, as such terms are defined in section six-l and six-m
of the banking law, respectively,] must contain an affirmative allega-
tion that at the time the proceeding is commenced, the plaintiff:
(a) is the owner and holder of the subject mortgage and note, or has
been delegated the authority to institute a mortgage foreclosure action
by the owner and holder of the subject mortgage and note; and
(b) has complied with all of the provisions of section five hundred
ninety-five-a of the banking law and any rules and regulations promul-
gated thereunder, section six-l or six-m of the banking law, FOR LOANS
GOVERNED BY THOSE PROVISIONS, and section thirteen hundred four of this
article.
2. It shall be a defense to an action to foreclose a mortgage [for a
high-cost home loan or subprime home loan] that the terms of the home
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets