Certain Loans Secured By 1-4 Family Homes Now Subject To New Rules In New York

In New York, the New York Law Journal (appearing at law.com) reports:

• [Recent New York mortgage legislation], signed into law on Aug. 5, 2008, is complex legislation, imposing obligations on lenders making certain types of loans to natural persons on the security of one-to-four-family dwellings.

For more, see New N.Y. Mortgage Foreclosure Legislation.