S6987 — Allows for mortgagors to cancel or renegotiate forbearance agreements made during a state disaster emergency

S6987 — Allows for mortgagors to cancel or renegotiate forbearance agreements made during a state disaster emergency · Informed CitizenryThis bill amends the banking law to allow 'qualified mortgagors'—New York residents whose principal dwellings or co-operative units are encumbered by home loans from regulated institutions—to c…Open in Informed Citizenry