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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 3. Banking |
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Chapter I. General Regulations of the Superintendent |
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Part 79. Reverse Mortgage Loans |
| 3 CRR-NY I 79 Notes |
| 3 CRR-NY I 79 Refs |
| Sec. 79.1. Scope and application of this Part |
| Sec. 79.2. Definitions |
| Sec. 79.3. Authority to make reverse mortgage loans |
| Sec. 79.4. Advertising restrictions |
| Sec. 79.5. Requirements for reverse mortgage loans |
| Sec. 79.6. Maintenance of real property securing reverse mortgage loans |
| Sec. 79.7. Termination of reverse mortgage loans |
| Sec. 79.8. Permitted fees, costs and payments |
| Sec. 79.9. Required disclosures and counseling for reverse mortgage loans |
| Sec. 79.10. Availability of RPL 280 and RPL 280-a loans |
| Sec. 79.11. Prohibited conduct and administrative penalties |
| Sec. 79.12. Special provisions regarding payment of real estate taxes and insurance |
| Sec. 79.13. Policies and procedures |
| Sec. 79.14. Transition Period |
| Sec. 79.15. [Repealed] |