Citibank, N.A. v. Barclay
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Andrias, J.
In June 1994, defendants Barclay and Hoggard borrowed the principal sum of $118,050 from the Money Store, secured by a mortgage on the subject real property. In or about March of 2009, they defaulted on their mortgage payments. On July 31, 2009, plaintiff, the holder of the note and mortgage, commenced this foreclosure action. The first of nine mandatory settlement conferences pursuant to CPLR 3408 (a) was held on June 23, 2010.
In an order dated March 20, 2012, Supreme Court found that plaintiff, in violation of CPLR 3408 (f), failed to negotiate with defendant…
2Cases cited3 opinions
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