Mortgage payments and foreclosures in New York will be suspended for a 90-day period in light of the coronavirus pandemic. In a press conference from Albany, New York Gov. Andrew Cuomo announced a number of steps to dampen the financial impact of the public health crisis. Mortgage payments will be waived based on financial hardship, and foreclosures will be suspended or postponed for three months. There will be a grace period for loan modification, no
source https://therealdeal.com/2020/03/19/cuomo-suspends-foreclosures-and-mortgage-payments/
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