What is a CEMA loan, and how can it reduce my mortgage recording tax?

… A consolidation extension and modification agreement or CEMA is a loan only available to New Yorkers The most common CEMA is offered to those who are refinancing … one and pay the tax on the gap between the two said Miguel Lopez an attorney who works with National Cooperative Bank

By Evelyn Battaglia |March 25, 2025 - 9:30AM