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Real Property Law

By ljnstaff | Law Journal Newsletters
June 02, 2017

Mortgagee Bad Faith
 Aurora Loan Services, LLC v. Diakite
NYLJ 3/3/17, p. 38, col. 4
AppDiv, Second Dept.
(memorandum opinion)

In a residential foreclosure action, mortgagee appealed from Supreme Court's order tolling interest, costs and attorneys' fees as a result of mortgagee's failure to negotiate in good faith. The Appellate Division affirmed, holding that mortgagee had not negotiated in good faith and that the sanction imposed was warranted by the mortgagee's actions.

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