NY Court of Appeals on the Foreclosure Statute of Limitations
By EsqSocial Corporation 24/02/21
The New York Court of Appeals’ decision last week, Freedom Mortgage Corp v. Engel, contains two “reliable and objective rules permitting consistent application of the statute of limitations.” What are those rules? One, there must be an “unequivocal overt act” to accelerate indebtedness for a mortgage loan....
By: Bryan Cave Leighton Paisner