Legal Opinion
Wells Fargo Bank, N.A. v. Meyers
Appellate Division of the Supreme Court of the State of New York
Decided May 1, 2013Published
1Opinion of the Court
OPINION OF THE COURT
Dickerson, J.
*11Introduction
The much-publicized subprime mortgage crisis, the impact of which would be difficult to exaggerate, devastated the financial markets, domestically and globally (see Jenny Anderson & Heather Timmons, Why a U.S. Subprime Mortgage Crisis Is Felt Around the World, NY Times, Aug. 31, 2007). A primary component of this phenomenon was an explosion in mortgage foreclosures in this country, beginning in 2007 (see Hon. Mark C. Dillon, The Newly-Enacted CPLR 3408 for Easing the Mortgage Foreclosure Crisis: Very Good Steps, but not Legislatively Perfect, 30…
2Cases cited18 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- First National Stores, Inc. v. Yellowstone Shopping Center, Inc.New York Court of Appeals · 1968
- Exxon Corp. v. EagertonSupreme Court of the United States · 1983
- Graf v. Hope Building Corp.New York Court of Appeals · 1930
- Jamaica Savings Bank v. M. S. Investing Co.New York Court of Appeals · 1937
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