Pappas v. Resolution Trust Corp.

—Judgment unanimously reversed on the law without costs, amended petition granted in part and judgment granted in accordance with the following Memorandum: At issue on this appeal and cross appeal is the principal balance due and the applicable interest rate on a consolidated mortgage. The record contains three , underlying mortgages that were executed by plaintiff Jordan E. Pappas, as President of Raceway South Corporation (Raceway), in favor of Columbia Banking Federal Savings Association (Columbia). Although not reflected by any document in the record, it is undisputed that those mortgages…