A new law in New York that says lenders’ legal representatives must bring all the necessary documentation to foreclosure settlement conferences with mortgage holders has been upheld by a judge.
While Acting Suffolk County Supreme Court Justice James Hudson said he can find no appellate courts that have ruled on the issue since changes to §3408 of New York’s Civil Practice Law and Rules (CPLR) became effective Dec. 20, 2016, he is “confident” the requirements are constitutional.
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