The Rise of Statute of Limitations Challenges in New York Mortgage Foreclosure Actions
(New York City) published an article titled "The Rise of Statute of Limitations Challenges in New York Mortgage Foreclosure Actions" in The Review of Banking & Financial Services
, a periodic review of special legal developments affecting lending and other financial institutions. The article discusses the settled and unsettled New York law surrounding the statute of limitations in mortgage foreclosure actions. Subjects are acceleration of installment mortgage loans, the savings clause pursuant to CPLR 205(a), and tolling and resetting the statute of limitations. View the full article here.