A9588 — Prohibits certain financial institutions from charging a fee based on the frequency of payments or for changing the frequency of mortgage payments

A9588 — Prohibits certain financial institutions from charging a fee based on the frequency of payments or for changing the frequency of mortgage payments · Informed CitizenryThis bill amends the banking law to prohibit mortgage payment servicers from charging fees or other charges to a mortgagor for making mortgage payments on a monthly, semi-monthly, or biweekly sched…Open in Informed Citizenry