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A07264 Summary:

BILL NOA07264
 
SAME ASSAME AS S05636
 
SPONSORWeinstein (MS)
 
COSPNSRRivera P, Maisel, Robinson, Lancman, Barron, Abinanti, Braunstein, Bronson, Colton, Dinowitz, Galef, Hikind, Jaffee, Markey, Miller M, Reilly, Roberts, Russell, Scarborough, Weprin, Wright, Zebrowski, Titus, Clark, Hooper
 
MLTSPNSRBrennan, Cook, Farrell, Glick, Gottfried, Gunther, Heastie, Jeffries, Lentol, McEneny, Schimel, Sweeney
 
Amd RR3212 & 3408, S3215, CPLR; amd S1302, add S1302-a, RPAP L
 
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.
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