Assembly bill · A7218 (2025-26)
Requires the foreclosing party in a residential foreclosure action to offer a refinancing opportunity to the mortgagor
New York State Assembly
Sponsor: Monique Chandler-Waterman (Assembly Member, District 58, Democratic)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 19, 2026. About our data
Summary
Requires the foreclosing party in a residential foreclosure action to offer a refinancing opportunity to the mortgagor.
Summary from NY Open Legislation. How we handle summaries
Amends the Real Property Actions and Proceedings Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Judiciary · New York State Assembly
Also referred to Judiciary · New York State Senate.
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO JUDICIARY
NY Assembly
- Mar 21, 2025
Referred to committee
REFERRED TO JUDICIARY
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.