What is a deficiency judgment in real estate? In foreclosure cases, a deficiency judgment is a court order allowing a lender to collect the remaining mortgage balance when the proceeds from the sale ...

According to 1301 of the RPAPL, a lender seeking to recover a single mortgage debt secured by one or more properties for which a person or entity is, at least in part, personally liable is generally ...

It has been previously discussed in these pages that the nominal bid of a foreclosing plaintiff at a mortgage foreclosure sale is valid, not objectionable and, short of combination with other factors ...