New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Enacts the Home Equity Fraud Act to control improper activities by home improvement contractors and finance companies.
Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors and homeowners.
| Date | Event | Detail |
|---|---|---|
| 2025-02-10 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |