New York Foreclosure Law Center

Summary of New York's Foreclosure Laws

Learn the key features of New York's foreclosure laws.

Deficiency Judgments After Foreclosure in New York

Generally, a bank may seek a deficiency judgment against a homeowner after a New York foreclosure.

New York Foreclosure Laws and Procedures

Read about the steps in a New York foreclosure, including the mortgage lender’s obligations and the homeowner’s rights.

Foreclosure Defenses: New York's Produce the Note Law

A law in New York aims to make the process fair for homeowners and reduce delays in processing foreclosures.

New York HOA and COA Foreclosures

If you default on HOA or COA payments in New York, the association can foreclose on your home.

Save Your New York Home From Foreclosure: The Homeowner Protection Program

New York’s Homeowner Protection Program (HOPP) provides housing counseling services and other foreclosure relief to homeowners.

Foreclosure Protections in New York for Reverse Mortgage Borrowers

New York law requires the bank to send a 90-day notice to reverse mortgage borrowers before starting a foreclosure, as well as offer borrowers the opportunity to participate in a settlement conference.

Foreclosure Protection Laws in New York

If you live in New York and you’re struggling to make your mortgage payments, state law provides you with protections that could help you avoid a foreclosure.

Save Your New York Home From Foreclosure: The Homeowner Protection Program

New York’s Homeowner Protection Program (HOPP) provides housing counseling services and other foreclosure relief to homeowners.

New York Foreclosure Settlement Conferences

If you're facing foreclosure in New York, you may participate in a settlement conference with your lender to explore loss mitigation (foreclosure avoidance) options.

If I Lose My Home to Foreclosure in New York, Can I Get It Back?

In New York, you can't redeem (repurchase) your home after a foreclosure sale—but you can redeem before the sale.