· NY legislature · 2025-2026

Enacts the Home Equity Fraud Act to control improper activities by home improvement contractors and finance companies

Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors and homeowners.

Sponsor

Kevin Parker (D-NY)

Introduced

2025-03-05

Latest action

REFERRED TO BANKS