Mortgagee Entitled to Second Chance at Deficiency Judgment
Flushing Savings Bank v. Bitar
25 N.Y.3d 307, Court of Appeals
(Opinion by Pigott, J.)
In a mortgage foreclosure action, mortgagee bank appealed from the Appellate Division's affirmance of Supreme Court's denial of its motion for a deficiency judgment. The Court of Appeals modified to direct Supreme Court to give the lender an opportunity to submit additional proof of the property's fair market value.
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