New York § 96-A - 96-AServicing of mortgages by banks
Full text of New York New York Consolidated Laws § 96-A — 96-AServicing of mortgages by banks, with citation guidance and answers to common questions.
§ 96-A. 96-AServicing of mortgages by banks
§ 96-a. Servicing of mortgages by banks. 1. Every bank shall, subject to the restrictions and limitations contained in this article, have the power to service mortgages, and the superintendent shall have the power to prescribe, by specific or general regulation, the extent to which, and the conditions upon which, mortgages may be serviced. 2. No bank shall, by virtue of the provisions contained in this section, be deemed to have the powers defined and described in subdivision two of section one hundred of this article. 3. The grant of powers to banks by or pursuant to this section shall not be deemed to limit or restrict any other banking organizations, heretofore or hereafter organized, in the exercise of their lawful powers.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 96-A
What does New York Consolidated Laws § 96-A cover?
Section 96-A ("96-AServicing of mortgages by banks") 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 § 96-A?
A common citation format is "New York Consolidated Laws § 96-A" (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 § 96-A 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.