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MELVIN ROSENKRANTZ, Plaintiff, v. SALVO REALTY CORP. et al., Defendants

MARIO PITTONI, J.

Motion by defendants Salvo Realty Corp. and Midas Collections, Inc., to dismiss the complaint, is granted.

Section 489 Jud. of the Judiciary Law does not make illegal an assignment of a mortgage which has already been foreclosed 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.

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ROSENKRANTZ v. SALVO REALTY CORP
(Jan 21, 1971)