New York S03548 mandates a judgment of sale in mortgage foreclosure cases to direct the sale of mortgaged premises within forty-five days.
New York S03548 amends the real property actions and proceedings law to require that a judgment of sale resulting from a mortgage foreclosure action must direct the sale of the mortgaged premises within forty-five days of the judgment date. The judgment must also include the name and telephone number of the mortgage servicer for cases involving a one- to four-family residential property. This change aims to expedite the sale process in mortgage foreclosure cases.
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