Legal Opinion
Barclay's Bank of New York v. Market Street Mortgage Corp.
Appellate Division of the Supreme Court of the State of New York
Decided January 28, 1993PublishedCited by 12 opinions
1Opinion of the Court
OPINION OF THE COURT
Casey, J.
At issue on this appeal is whether Supreme Court erred in granting plaintiff’s motion for summary judgment in its action *143to foreclose on a mortgage securing a $65,000 home equity line of credit issued to defendant James C. Terry. Defendant Market Street Mortgage Corporation loaned $96,000 to Terry to refinance his indebtedness, including that to plaintiff, and took back a mortgage on Terry’s real property which was recorded after the mortgage held by plaintiff.
Prior to the closing of Market Street’s mortgage, Terry’s attorney requested that plaintiff provide a…
2Cases cited1 opinion
- State Bank v. FioravantiNew York Court of Appeals · 1980
3Cited by12 opinions
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