Bruce J. Bergman ()
If a mortgage holder in a home loan case sends a statutorily mandated 90-day notice, but then refrains (volitionally or otherwise) from commencing the mortgage foreclosure action for more than a year thereafter, must it suffer the detainment of sending a new 90-day notice? A recent case in the Appellate Division finally banishes what had been a thorny and eventually time consuming lender dilemma by answering the question in the negative.1
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