§ 43-02 [Discontinuing Mortgage Foreclosure Action; Notice.]
RCNY § 43-02
(a)Within fifteen days of discontinuance of a mortgage foreclosure action against residential real property in the city of New York for which notification of the mortgage foreclosure action was required pursuant to subdivision a of 28 RCNY § 43-01, the mortgagee must provide notice to the Department of such discontinuance by electronic submission, if possible, or by regular mail, in a form prescribed by the Department. The form is available on the Department's website, at its offices at 100 Gold Street, New York, or by dialing 311 and requesting the form.
(b)The notice to the Department provided pursuant to subdivision a of this section must include the following information: (1) all of the information required under 28 RCNY § 43-01 if an initial notice of commencement of foreclosure was not provided to the Department; and (2) the reason for the discontinuance of the action.
