There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2014 New York Laws
BNK - Banking
Article 12-E - (599-A - 599-R) LICENSED MORTGAGE LOAN ORIGINATORS
599-A - Legislative purpose.

NY Banking L § 599-A (2014) What's This?
  599-a.  Legislative purpose. The legislature deems it necessary, in
  order to enhance consumer protection, reduce fraud and ensure the public
  welfare, that mortgage loan originators who originate mortgage loans  on
  residential real property be subject to regulation by the superintendent
  and  that  such regulation be consistent with Title V of The Housing and
  Economic Recovery Act of 2008,  also  known  as  the  S.A.F.E.  Mortgage
  Licensing  Act,  as it may be amended from time to time, and regulations
  thereunder or interpretations thereof, that may be adopted from time  to
  time  by  the  Secretary  of  the  U.S.  Department of Housing and Urban
  Development.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.