News & Analysis as of August 13, 2025

Legislative Agendas

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

New York Court of Appeals to Review FAPA’s Constitutionality and Retroactive Application

Troutman Pepper Locke on 7/25/2025

As a follow up to our May post, FAPA in the Spotlight Again: Second Circuit Renews Call for NY Court of Appeals Review, the New York Court of Appeals has finally agreed to consider New York’s Foreclosure Abuse Prevention...more

New York Senate Bill Amends Expanded Forbearance Relief Granted by Previous Bill

Ballard Spahr LLP on 6/12/2020

As noted in our alert on June 9, 2020, New York Senate Bill S8243C was delivered to the Governor on June 5, 2020. The same day, New York Senate Bill S8428 was also delivered to Governor Andrew Cuomo....more

New York Senate Bill Grants Expanded Forbearance Relief for Some New York Homeowners

Ballard Spahr LLP on 6/9/2020

On June 5, 2020, New York Senate Bill S8243C was delivered to Governor Andrew Cuomo and, if signed, will be effective immediately. The bill provides for expanded COVID-19 forbearance relief options dating back to March 7,...more

New York legislature moves to impose new requirements on reverse mortgage industry

Hogan Lovells on 6/27/2019

Originators and servicers of HECMs who do business in New York should take action now to prepare to comply with the new bill’s requirements. Ensuring compliance may require a thorough review of commercial advertisements and...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 5/23/2018

The US House included the revised Volcker Rule that we’ve discussed in a broader package of Dodd-Frank reforms that it passed with bipartisan support last night. The bill—ostensibly aimed at easing restrictions on small to...more

Weekly Update from the SC State House - May 2014: The House addressed the Ethics Reform bill while the Senate worked through the...

Nexsen Pruet, PLLC on 5/27/2014

Details from Each Chamber: HOUSE - The House worked through the Calendar this week, giving third readings to many noncontroversial bills. On Wednesday, the House adjourned debate on all bills on their calendar...more

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