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Possible Impacts of New York’s Sweeping New Reverse Mortgage Law HW+

Jan 15, 2020By

A New York state law that was recently signed by Governor Andrew Cuomo, and which targets deceptive consumer practices while imposing new requirements on borrower representation during loan closings, could have potentially serious implications on the way that reverse mortgage business is conducted in the state. State Assembly bill A5626 was first passed by the […]