New York Governor Announces 90-Day Mortgage Relief Plan

March 19, 2020

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DSNews--Seth Welborn

New York Governor Andrew Cuomo has announced a 90-day mortgage relief plan for New York homeowners, including postponing or suspending foreclosures, waiving mortgage payments based on financial hardship, prohibiting negative reporting to credit bureaus, providing a grace period for loan modification, and prohibiting late payment fees or online payment fees.

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