Bill 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; requires the plaintiff in a foreclosure action to affirm that it 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.

Spectrum: Slight Partisan Bill (Democrat 8-4)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S00697 Detail]

Text: Latest bill text (Amended) [HTML]

---

Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Jeffrey Klein [D]	Primary	Sponsored Bills	SD-034	FollowTheMoney	Ballotpedia	VoteSmart
Senator Joseph Addabbo [D]	Cosponsor	Sponsored Bills	SD-015	FollowTheMoney	Ballotpedia	VoteSmart
Senator Charles Fuschillo [R]	Cosponsor	Sponsored Bills	SD-008	FollowTheMoney	Ballotpedia	VoteSmart
Senator Martin Golden [R]	Cosponsor	Sponsored Bills	SD-022	FollowTheMoney	Ballotpedia	VoteSmart
Senator Mark Grisanti [R]	Cosponsor	Sponsored Bills	SD-060	FollowTheMoney	Ballotpedia	VoteSmart
Senator Ruth Hassell-Thompson [D]	Cosponsor	Sponsored Bills	SD-036	FollowTheMoney	Ballotpedia	VoteSmart
Senator Liz Krueger [D]	Cosponsor	Sponsored Bills	SD-028	FollowTheMoney	Ballotpedia	VoteSmart
Senator George Maziarz [R]	Cosponsor	Sponsored Bills	SD-062	FollowTheMoney	Ballotpedia	VoteSmart
Senator Velmanette Montgomery [D]	Cosponsor	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Suzi Oppenheimer [D]	Cosponsor	Sponsored Bills	SD-037	FollowTheMoney	Ballotpedia	VoteSmart
Senator Kevin Parker [D]	Cosponsor	Sponsored Bills	SD-021	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jose Serrano [D]	Cosponsor	Sponsored Bills	SD-029	FollowTheMoney	Ballotpedia	VoteSmart

Social Comments on NY S00697