New York Issues Final Mortgage Servicing Rules

January 16, 2020

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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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