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S06459 Summary:
| BILL NO | S06459 |
| SAME AS | No same as |
| SPONSOR | SMITH |
| COSPNSR | HUNTLEY, OPPENHEIMER |
| MLTSPNSR | |
| Add S97-llll, St Fin L | |
| Establishes the New York state mortgage settlement fund to consist of monies obtained by the state as a result of settlement with mortgage servicers to be used to compensate eligible homeowners who have been injured by foreclosure abuses; provides that homeowners eligible to receive compensation as a result of such settlement may elect certain bases for calculating such compensation; provides that eligible homeowners may request treble damages. | |