NY A07264 | 2011-2012 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 38-0)
Status: Introduced on April 25 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 25 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes certain proof and settlement requirements for plaintiffs seeking summary judgment or a default judgment in a residential foreclosure proceeding; 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; requires the plaintiff in a foreclosure action to affirm that it is the holder and owner, or its delegated agent, of the subject mortgage and note; 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
Establishes certain proof and settlement requirements for plaintiffs seeking summary judgment or a default judgment in a residential foreclosure proceeding; 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; requires the plaintiff in a foreclosure action to affirm that it is the holder and owner, or its delegated agent, of the subject mortgage and note; 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
History
Date | Chamber | Action |
---|---|---|
2012-01-04 | Assembly | referred to judiciary |
2011-05-12 | Assembly | advanced to third reading cal.352 |
2011-05-10 | Assembly | reported |
2011-04-25 | Assembly | referred to judiciary |
Same As/Similar To
S05636 (Same As) 2012-01-04 - REFERRED TO JUDICIARY