How long after being served a foreclosure and not showing up to court does the plaintiff have to obtain a default judgement?
John's answer
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Answered on March 25, 2021
I have won several cases for clients based upon the failure of the bank to file a motion for a default judgment within 1 year per CPLR 3215(c). ...
If you received a loan modification Does the new Mortgage Company have to honor it?
John's answer
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Answered on February 09, 2021
Yes, the new lender/servicer must honor the new modification - assuming the lender/servicer that signed the modification was authorized to do so,...
Archived
Do I have a defense of the foreclosure action against my husband and myself?
John's answer
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Answered on November 07, 2016
First of all, I just want to say there is no shame in that the bank is suing you in foreclosure and did not grant a modification. All kinds of...
What type of license is required to originate commercial mortgages?
John's answer
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Answered on October 31, 2016
As far as I know, you don't have to be licensed in NY to make commercial loans. NY's Banking Law deals with licensing lenders to make residential...
What is a "discontinuance and canceling of notice of pendency" mean?
John's answer
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Answered on July 15, 2016
Like the other answers say, a notice of pendency puts the world on notice that a lawsuit is pending. After the notice is filed, anyone buying the...
Archived
My Ex wife has not paid the mortgage in 20 months and her house is in the foreclosure process.
John's answer
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Answered on June 15, 2016
I disagree with some parts of the previous answers given.
First of all, just because a referee has been appointed doesn't mean that Chase has...
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