April 17, 2025

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NY Amends Servicing Requirements for HECMs

New York not long ago enacted Senate Invoice 884 (SB 884), which amends the HECM servicing needs under the recently additional section 280-d of the New York Serious Residence Regulation. Segment 280-d and the alterations built by SB 884 will go into result on April 14, 2021….
By: Weiner Brodsky Kider Computer system