Residential Mortgage Foreclosure Program

, New York Law Journal

Ann Pfau, chief administrative judge of the New York state courts, writes: Early this Summer, as foreclosure filings in New York hit record levels, the New York State court system announced a Residential Mortgage Foreclosure Program, one of the first court-initiated programs in the country to address the residential foreclosure crisis. That program, piloted initially in Queens County, now serves as a model for our statewide efforts. It took on special importance in August with the enactment of the new foreclosure legislation, chapter 472 of the Laws of 2008.

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