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New Developments in NYS Mortgage Foreclosure Law

by Jimmy Lathrop, Esq. 1 May 2009
Justices have been struggling with the problem of homeowners who try to reinstate or modify their delinquent loans while the lender continues with an action in foreclosure. In recent cases, the Court has used its equitable power to void judgments and even post-judgment sales in foreclosure where the homeowner demonstrates ongoing good-faith negotiations up to the auction date. [More]