Residential mortgage fraud in the second degree · as in force on May 31, 2026
§ 187.20 Residential mortgage fraud in the second degree.
A person is guilty of residential mortgage fraud in the second degree when he or she commits residential mortgage fraud and thereby receives proceeds or any other funds in the aggregate in excess of fifty thousand dollars.
Residential mortgage fraud in the second degree is a class C felony.
A person commits second-degree residential mortgage fraud by committing residential mortgage fraud and thereby receiving aggregate proceeds or other funds of more than $50,000. ★ It is a class C felony.
Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.
This provision appears in Volume 4 — The Court Clerk: Penal Law; Volume 1 — The Court Officer in Plain English; Volume 3 — The Court Officer: Penal Law; Volume 3 — Your Career: Penal Law in Plain English.