News

News

Announcing VA, FHA, USDA Training Dates

Live Stream Underwriting Training Sessions for Government Loans have been scheduled through Diehl Mortgage Training & Compliance. Registration information will be sent to all NYMBA Members when registration opens.

VA– July 6, 13; 1-5pm

FHA– July 8, 15, 22; 1-5pm

USDA– September 7, 14; 1-5pm

FHA– September 9, 16, 23; 1-5pm

Call To Action

Take action NOW to contact your state legislators and urge them to support critical legislation that would provide protections and benefits to borrowers and homeowners. The following four priorities require your timely action:

-Support the enactment of Remote Online Notarization (RON);
-Support provisions that appropriately facilitate the LIBOR to SOFR transition;
-Support legislation that restricts the registry and limits registration fees for foreclosed properties; and,
-Support adoption of the The New York Land-Home Property Act that would provide the ability to convert title for manufactured homes from chattel to real property for title insurability and more favorable financing terms.

Why it matters: These bills are priorities that will allow our industry to serve the needs of consumers more adequately during the ongoing pandemic and ensuing recovery period. NY MBA and the national MBA have been highly engaged and supportive of these policy items and initiatives.

What’s next: MBA and the NY MBA will continue to advocate on your behalf, but we need YOU to lend your voice!

Contact your state legislators TODAY to educate them on these issues and garner their support.

TAKE ACTION NOW! CLICK THE BUTTON BELOW TO SEND LETTERS!

NY DFS on Cybersecurity

Join us as we host the NY DFS Executive Deputy Superintendent of Cybersecurity Justin Herring; Supervisor/Examination Team Lead William Peterson; and Deputy Rholda Ricketts. Jacqueline Goralczyk, LL.M., CIPM will moderate…

Governor Signs Eviction/Foreclosure Moratorium Bill

A bill drafted and introduced by the NYS legislature on December 24, 2020 (A.11181/S.9114) that would prevent evictions and eviction proceedings against residential tenants and prevent foreclosure actions against homeowners…

New York and the Ever-Changing Foreclosure Landscape

In the first of NYMBA’s Loan Servicing “HOT TOPICS” Webinars, practicing subject matter experts will kick-off this session talking about NY Foreclosures and the Court system, Lack of Standing and…

Mortgage Forbearance Legislation–Section 9-X

DFS issued FAQs to assist loan servicers in working with borrowers financially impacted by the COVID-19 pandemic. Here’s the link to the Department’s FAQs on the new regulation.

FHFA Extends COVID-Related Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers

The Federal Housing Finance Agency (FHFA) is extending several loan origination flexibilities currently offered by Fannie Mae and Freddie Mac (the Enterprises) designed to help borrowers during the COVID-19 national…

Join Mortgage Action Alliance

JOIN MAA TODAY! New York is the financial capital of the country, and as such, should have the highest number of MAA members.  Right now, New York is not the…

Post List #1

NY DFS on Cybersecurity

Christina WileyMarch 3, 20211 min read

Join us as we host the NY DFS Executive Deputy Superintendent of Cybersecurity Justin Herring; Supervisor/Examination Team Lead William Peterson; and Deputy Rholda Ricketts. Jacqueline Goralczyk, LL.M., CIPM will moderate the event. Questions may be submitted in advance. Cybersecurity is…

Governor Signs Eviction/Foreclosure Moratorium Bill

Christina WileyDecember 29, 20202 min read

A bill drafted and introduced by the NYS legislature on December 24, 2020 (A.11181/S.9114) that would prevent evictions and eviction proceedings against residential tenants and prevent foreclosure actions against homeowners and certain small landlords experiencing financial or health-related hardships due…

New York and the Ever-Changing Foreclosure Landscape

helmSeptember 4, 20203 min read

In the first of NYMBA’s Loan Servicing “HOT TOPICS” Webinars, practicing subject matter experts will kick-off this session talking about NY Foreclosures and the Court system, Lack of Standing and the Statute of Limitations, as well as other nuances that…

Mortgage Forbearance Legislation–Section 9-X

helmAugust 4, 20201 min read

DFS issued FAQs to assist loan servicers in working with borrowers financially impacted by the COVID-19 pandemic. Here’s the link to the Department’s FAQs on the new regulation.

FHFA Extends COVID-Related Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers

helmJune 11, 20201 min read

The Federal Housing Finance Agency (FHFA) is extending several loan origination flexibilities currently offered by Fannie Mae and Freddie Mac (the Enterprises) designed to help borrowers during the COVID-19 national emergency. Flexibilities have subsequeently been extended until March 31, 2021:…

Join Mortgage Action Alliance

helmMay 26, 20203 min read

JOIN MAA TODAY! New York is the financial capital of the country, and as such, should have the highest number of MAA members.  Right now, New York is not the leader in MAA members. New York Real estate finance professionals…