New York § 6-E - 6-EGraduated payment mortgages authorized
Full text of New York New York Consolidated Laws § 6-E — 6-EGraduated payment mortgages authorized, with citation guidance and answers to common questions.
§ 6-E. 6-EGraduated payment mortgages authorized
§ 6-e. Graduated payment mortgages authorized. Notwithstanding any inconsistent provision of this chapter or other law and in addition to any other power exercisable by it, every banking organization, licensed mortgage banker, national banking association, federal savings bank, federal savings and loan association and federal credit union shall have the power to offer graduated payment mortgages and loans which conform to the provisions of section two hundred seventy-nine of the real property law, subject to the rules and regulations prescribed by the superintendent of financial services.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 6-E
What does New York Consolidated Laws § 6-E cover?
Section 6-E ("6-EGraduated payment mortgages authorized") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 6-E?
A common citation format is "New York Consolidated Laws § 6-E" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 6-E apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.