Legal Research AI

Rosenkrantz v. Salvo Realty Corp.

Court: New York Supreme Court
Date filed: 1971-01-21
Citations: 65 Misc. 2d 467
Copy Citations
1 Citing Case
Lead Opinion
Mabio 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.