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New York City Council Proposes Extensive Protections for Commercial Lease Guarantors

Building on existing New York State protections, the New York City Council has passed a bill providing protections for individuals who have guaranteed leases for premises affected by COVID-19. Will the Mayor sign? The New...more

New York Regulation Defines Required Mortgage Forbearance and Bank Fee Waivers for COVID-19 Financial Hardship

New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19. New York State has implemented extraordinary...more

3/31/2020  /  Coronavirus/COVID-19

New York Bankers Must Consider Forbearance, Other Consumer Protection in Response to COVID-19

New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19. - New York State has implemented...more

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