N.Y. Insurance Law § 6506: Advertising

§ 6506. Advertising. No regulated mortgage investor, any of whose

authorized real estate securities are insured by mortgage guaranty

insurance pursuant to this article may state in any form of report or

advertising that the real estate loans of the investor are "insured

loans" unless the report or any form of advertising also clearly states

that the loans are insured by private insurers and the names of such

insurers are given. A regulated mortgage investor also shall not make

any such statement unless such insurance is by a company authorized to

transact mortgage guaranty insurance business in this state.