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New York Amends Contact Requirements for Certain Delinquent Borrowers

March 10, 2022 By Morey Barnes Yost

A&B ABstract: On February 24, Governor Kathy Hochul signed into law Assembly Bill 8771 (2022 N.Y. Laws 48), amending single point of contact requirements for certain delinquent borrowers.  What changes does the measure require for servicer protocols? New York SPOC Requirements: As created effective January 2, 2022, Section 6-o of the New York Banking Law […]

Filed Under: Mortgage Loans, Mortgage Servicing, State Law Tagged With: #New York

New York Governor Provides Temporary Authority for Video Notarizations

March 20, 2020 By Morey Barnes Yost and Nanci Weissgold

On March 19, New York Governor Mario Cuomo issued Executive Order No. 202.7, “Continuing Temporary Suspension and Modification of Laws Relating to the Disaster Emergency” (the “Order”). The Order Notably, effective through April 18, 2020, the Order authorizes the performance of notarial acts through the use of audio-video technology. Specifically, the Order provides that any […]

Filed Under: State Law Tagged With: #New York, #notary, #remoteonlinenotarization, Covid-19

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