Second Department Leaves Open the Possibility of a Third Party Raising the Statute of Limitations as a Defense to Foreclosure, Leaving Lenders in the Lurch

August 27, 2021

In the New York Law Journal, Morgan McCord writes about a recent Appellate Division, Second Department decision, which leaves the door open to a third party interposing the statute of limitations as a defense to foreclosure, which creates the potential for peril for lenders.

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