New York § 6-N - 6-NResponsibility of banks for mortgages being processed for modification
Full text of New York New York Consolidated Laws § 6-N — 6-NResponsibility of banks for mortgages being processed for modification, with citation guidance and answers to common questions.
§ 6-N. 6-NResponsibility of banks for mortgages being processed for modification
§ 6-n. Responsibility of banks for mortgages being processed for modification. 1. If a mortgage that is the subject of an application for a modification of the mortgage terms is sold or transferred during the modification process, the bank or financial institution selling or transferring such mortgage shall provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred. 2. If a borrower has been approved in writing for a first lien loan modification or other modification to avoid foreclosure, and the servicing of such borrower's loan is transferred or sold to another mortgage servicer, the subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative in accordance with the provisions of this section.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 6-N
What does New York Consolidated Laws § 6-N cover?
Section 6-N ("6-NResponsibility of banks for mortgages being processed for modification") 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-N?
A common citation format is "New York Consolidated Laws § 6-N" (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-N 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.