Bank of America NA v. Lucic

OPINION OF THE COURT

Peter H. Moulton, J.

In this mortgage foreclosure action, defendant Milan Lucic (defendant or Lucic), a 68-year-old owner of a two bedroom Manhattan condominium unit, moves for an order tolling interest.1 Defendant was originally pro se, but the Lawyers’ Foreclosure Intervention Network of the City Bar Justice Center agreed to represent him in March 2013. According to the note attached to the complaint, the interest rate is 6.5%, which is relatively high in today’s economy. Although not relevant to this motion, defendant fell into arrears as a result of (1) the downturn of…