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