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Entries tagged “mortgages”

Client Alert: Only in New York? Assignee Permitted to Enforce Mortgage Without Being Holder of the Note

insights Client Alert: Only in New York? Assignee Permitted to Enforce Mortgage Without Being Holder of the Note Douglas J. Schneller · June 9, 2017

Can an assignee of an interest in a mortgage and mortgage note by way of a written assignment enforce the underlying obligations under New York law if the original note was not delivered and indorsed to it? On May 31, 2017, in an unsigned opinion that will interest sellers and buyers of loans and other…

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