Private Lender Law and NPLA help defeat Community Wealth Preservation Program Bill
LENDER ALERT: 421-a Renewal Appears Off The Table As State Blows Budget Deadline
The future of the Affordable New York tax break, commonly referred to as 421-a, remains uncertain
LENDER ALERT: NYS Ends Foreclosure/Eviction Moratorium
This past Saturday, January 15, 2022, marked an end to the foreclosure and eviction moratoriums for NY (Chapter 417).
LENDER ALERT: The Build Back Better Act: Latest Cuts Include IRA Provisions
THE BUILD BACK BETTER ACT: PROHIBITION OF IRA INVESTMENTS CONDITIONED ON ACCOUNT HOLDER’S STATUS AND PROHIBITION OF INVESTMENT OF IRA ASSETS IN ENTITIES, DROPPED FROM BILL IN THE LAST 24 HRS
LENDER ALERT: New Federal Build Back Better Act could restrict Individual Retirement Accounts
THE BUILD BACK BETTER ACT: PROHIBITION OF IRA INVESTMENTS CONDITIONED ON ACCOUNT HOLDER’S STATUS; PROHIBITION OF INVESTMENT OF IRA ASSETS IN ENTITIES IN WHICH THE OWNER HAS A SUBSTANTIAL INTEREST
NYS extends foreclosure/eviction moratorium yet again—taking action in their own hands
On September 1st, the NY State Senate and Governor enacted the following series of statutes: Tenant Safe Harbor Act (“TSHA”), the COVID-19 Emergency Eviction and Foreclosure Prevention Act (“CEEFPA”), and COVID-19 Emergency Protect Our Small Businesses Act (“CEPOSBA”).
US Supreme Court Vacates CDC Eviction Moratorium
Thursday’s crucial ruling will have massive implications on the renters’ market. Essentially, the U.S. Supreme Court has lifted the Biden Administration/CDC’s Eviction Moratorium.
NY LENDER’S ALERT: New Proposed SB 1061A Bill will require all NY lenders to be licensed.
Private Lender Law submitted our opposition to the bill on behalf of the National Private Lenders Association. We urge all private lenders to submit opposition against licensing requirements for private Real Estate Lenders.
NY LENDER’S ALERT: New bill in the New York State Senate will adversely affect fix-n-flip transactions in New York City
NY Private Lender/Investor Alert
Attention NY Private Lender’s and Investors, Bill #S5376 has been introduced to the NY Senate that will adversely impact fix-n-flip transactions in New York City.
NY LENDER’S ALERT: New Bill in New York State Legislature would require licensing for private, hard money commercial mortgage lenders
Private Lender Law and the National Private Lenders Association are preparing arguments to dissuade passage
S1061 (old bill S6688 of 2020) was reintroduced in the New York State Senate on January 6th. The identical A1420 (old bill A10878 of 2020) was reintroduced in the New York State Assembly on January 11th.
