New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 41 - Restrictions And Limitations On High Cost Home Loans
Section 41.6 - Multiple borrowers
Universal Citation: 3 NY Comp Codes Rules and Regs ยง 41.6
Current through Register Vol. 46, No. 12, March 20, 2024
Where there is more than one borrower on a high cost home loan, and this Part requires a notice to be given or a signature obtained, such requirement shall be deemed satisfied by the delivery or placing in the mail to, or obtaining the signature of, any borrower who is primarily liable on the high cost home loan.
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