NY A00629 | 2011-2012 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 18-0)
Status: Engrossed on June 22 2011 - 50% progression, died in chamber
Action: 2012-03-30 - amended on third reading 629d
Text: Latest bill text (Introduced) [HTML]
Status: Engrossed on June 22 2011 - 50% progression, died in chamber
Action: 2012-03-30 - amended on third reading 629d
Text: Latest bill text (Introduced) [HTML]
Summary
Provides that only the owner and holder of a mortgage and note, or its agent, shall have standing to commence a mortgage foreclosure action; lack of standing shall be defense that may be raised at any time prior to the judgment of foreclosure and sale; requires the plaintiff in a foreclosure action to affirm that the plaintiff is the holder and owner, or its designed agent, of the subject mortgage and note; provides that the summons and complaint shall include a copy of the original mortgage and note, and all endorsements, assignments and transfers thereof, and any delegations of authority by the owner and holder of the mortgage and note.
Title
Provides that only the owner and holder of a mortgage and note, or its agent, shall have standing to commence a mortgage foreclosure action; lack of standing shall be defense that may be raised at any time prior to the judgment of foreclosure and sale; requires the plaintiff in a foreclosure action to affirm that the plaintiff is the holder and owner, or its designed agent, of the subject mortgage and note; provides that the summons and complaint shall include a copy of the original mortgage and note, and all endorsements, assignments and transfers thereof, and any delegations of authority by the owner and holder of the mortgage and note.
Sponsors
Roll Calls
2011-06-22 - Assembly - Assembly Floor Vote - Final Passage (Y: 87 N: 52 NV: 0 Abs: 7) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-30 | Assembly | amended on third reading 629d |
| 2012-03-05 | Assembly | amended on third reading 629c |
| 2012-01-04 | Assembly | ordered to third reading cal.36 |
| 2012-01-04 | Senate | RETURNED TO ASSEMBLY |
| 2012-01-04 | Senate | DIED IN SENATE |
| 2011-06-22 | Senate | REFERRED TO RULES |
| 2011-06-22 | Assembly | delivered to senate |
| 2011-06-22 | Assembly | passed assembly |
| 2011-05-23 | Assembly | amended on third reading 629b |
| 2011-05-02 | Assembly | amended on third reading 629a |
| 2011-02-24 | Assembly | advanced to third reading cal.46 |
| 2011-02-15 | Assembly | reported |
| 2011-01-05 | Assembly | referred to judiciary |
Same As/Similar To
S00697 (Same As) 2012-01-04 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
