Legal Opinion

Rosenkrantz v. Salvo Realty Corp.

New York Supreme Court

Decided January 21, 1971PublishedCited by 3 opinions

1Opinion of the CourtMabio Pittoni, J.

Motion by defendants Salvo Realty Corp. and Midas Collections, Inc., to dismiss the complaint, is granted.

*468Section 489 of the Judiciary Law does not make illegal an assignment of a mortgage which has already been foreclpsed by the original holder of the mortgage; nor does it make illegal an assignment of the judgment; nor does it make illegal an assignment of a mortgage and its note then in foreclosure to a corporation intending to continue the foreclosure.

2Cited by3 opinions

  1. DMJ Associates, L.L.C. v. CapassoDistrict Court, E.D. New York · 2003
  2. Roslyn Savings Bank v. JonesNew York Supreme Court · 1972
  3. First National Bank v. FelderSuffolk County District Court · 1972