New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 79 - Reverse Mortgage Loans
- Section 79.1 - Scope and application of this Part
- Section 79.2 - Definitions
- Section 79.3 - Authority to make reverse mortgage loans
- Section 79.4 - Advertising restrictions
- Section 79.5 - Requirements for reverse mortgage loans
- Section 79.6 - Maintenance of real property securing reverse mortgage loans
- Section 79.7 - Termination of reverse mortgage loans
- Section 79.8 - Permitted fees, costs and payments
- Section 79.9 - Required disclosures and counseling for reverse mortgage loans
- Section 79.10 - Availability of RPL 280 and RPL 280-a loans
- Section 79.11 - Prohibited conduct and administrative penalties
- Section 79.12 - Special provisions regarding payment of real estate taxes and insurance
- Section 79.13 - Policies and procedures
- Section 79.14 - Transition Period
- Section 79.15
Current through Register Vol. 46, No. 12, March 20, 2024
Statutory authority: Banking Law, §§6-h, 14; Real Property Law, §§280, 280-a
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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