Sign In
Events
Newsletters
Search

Close

Close Search

Cancel

SEARCH
MY LAW.COMNEW

Solomon v. HSBC Bank USA

Plaintiffs Fail to Show Statute of Limitations to Cancel, Discharge Mortgage Expired

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The following papers numbered 1 to 7 read herein:Papers NumberedNotice of Motion/Order to Show Cause/Petition/Cross Motion and Affidavits (Affirmations) Annexed              1-3, 4-6Opposing Affidavits (Affirmations)     7Reply Affidavits (Affirmations)            7Affidavit (Affirmation)Other Papers

*1 Upon the foregoing papers, plaintiffs Jillian Solomon and Grand National Realty 1 LLC (GNR) move for an order, pursuant to CPLR 3212, granting summary judgment in their favor. Defendants HSBC Bank USA, National Association, as Trustee for Nomura Asset Acceptance Corporation Mortgage Pass-Through Certificates, Series 2007-3 (HSBC) and Wells Fargo Bank, N.A. as Attorney-in-Fact for HSBC Bank USA, National Association, as Trustee for Nomura Asset Acceptance Corporation Mortgage Pass-Through Certificates, Series 2007-3 (WFB) cross-move for an order, pursuant to CPLR 3212, granting them summary judgment dismissing the complaint.Plaintiffs commenced this action to discharge and cancel of record a mortgage encumbering the property at 527 Cleveland Street in Brooklyn. The mortgage was executed by Solomon on December 13, 2006 to secure a note in favor of First United Mortgage Banking Corp. (FUMBC) in the amount of $488,000.00. On December 17, 2007, FUMBC commenced a foreclosure action against Solomon (First United Mortgage Banking Corp. v. Solomon, et al., Sup Ct, Kings County, Index No. 45848/07) (first foreclosure action). According to the complaint, Solomon defaulted under the terms of the mortgage and note by failing to make the monthly payment due on September 1, 2007. As the result of Solomon’s failure to timely answer or appear, an order of reference was issued on March 11, 2009. The order further amended the caption to substitute “HSBC Bank USA, National Association, as Trustee for NAAC 2007-3,” as plaintiff. By deed dated November 3, 2011, Solomon conveyed the subject property to GNR. On November

Trending Stories

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

LEARN MORE

More From ALM

Premium Subscription
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Team Accounts
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Bundle Subscriptions
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
Go to CLE Center
New York Legal Awards 2024
September 05, 2024
New York, NY

The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.


Learn More
BenefitsPRO Broker Expo 2024
April 29, 2024 - May 01, 2024
Aurora, CO

The premier educational and networking event for employee benefits brokers and agents.


Learn More
Pennsylvania Legal Awards 2024
May 15, 2024
Philadelphia, PA

The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.


Learn More
Go to Events Go to Webcasts
Attorney

Truly exceptional Bergen County New Jersey Law Firm is growing and seeks strong plaintiff's personal injury Attorney with 5-7 years plaintif...


Apply Now ›
Labor & Employment Associate CT

Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...


Apply Now ›
Associate General Counsel

Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...


Apply Now ›
Go to Lawjobs
MELICK & PORTER, LLP
04/15/2024
Connecticut Law Tribune

MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS


View Announcement ›
Apruzzese, McDermott, Mastro & Murphy, P.C.
04/11/2024
New Jersey Law Journal

Professional Announcement


View Announcement ›
Robbins Alloy Belinfante Littlefield
04/08/2024
Daily Report

Daily Report 1/2 Page Professional Announcement 60 Days


View Announcement ›
Go to Professional Announcements