How much chaos might a three-sentence bill that was quietly passed by the New York State legislature sow on the real estate lending industry? Potentially plenty.
On June 13, 2025, a bill passed by the New York Assembly (A....more
8/7/2025
/ Borrowers ,
Commercial Mortgages ,
Commercial Real Estate Market ,
Constitutional Challenges ,
Contract Terms ,
Lenders ,
Loans ,
Mortgages ,
New Legislation ,
New York ,
Real Estate Transactions ,
State Legislatures ,
Unenforceable Contract Terms
Background. As part of an international effort to recalibrate how banks calculate their risk‑based capital, U.S. bank regulatory agencies (the “Agencies”) recently proposed major changes to how banks would be required to...more