New York Issues Final Mortgage Servicing Rules

January 16, 2020

Weiner Brodsky Kider PC

The NYDFS published the final mortgage servicing rules, applicable to first and subordinate lien forward and reverse mortgage loans, effective December 18, 2019, with a 90 days extension of March 17, 2020 for servicers who were compliant with the previous version of the rule.

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