· NY legislature · 2025-2026

Requires that notice of increase in mortgage escrow account be given in advance

Provides that a mortgage investing institution that maintains a mortgage on any real property in the state of New York shall give ten days written notice prior to requiring payment of an increase in the amount of escrow if the dollar amount of such increase is more than five percent of the total monthly payment; pro…

Sponsor

Kevin Parker (D-NY)

Introduced

2025-01-31

Latest action

REFERRED TO JUDICIARY