by Dennis Valet | Dec 16, 2022 | Foreclosure, Litigation
What is a Default Judgment? A default judgment can be entered when a defendant fails to answer a summons, which is required to be served upon the defendant in a manner expected to make them aware of the lawsuit. Defaults happen for many reasons: neglect on the part of...
by Dennis Valet | Nov 23, 2022 | Foreclosure
Assembly Bill A3081 Signed Into Law On November 21, 2022 Governor Kathy Hochul signed Assembly Bill A3081 into law. The new law specifically preempts local laws, ordinances or resolutions that allow or require the registration of residential mortgages in default prior...
by Dennis Valet | Oct 26, 2022 | Foreclosure, Litigation
Knocked Down, But Not Out The recent First Department decision HSBC Bank USA, N.A. v. Eliezer Rubin is a tale of back and forth foreclosure litigation with each party enjoying their time in the sun. Commenced in 2008, the mortgagee enjoyed initial victory with a...