Banking and Finance Law Daily Wrap Up, DEBT COLLECTION—NY targets time-barred "zombie" mortgage debt, (Oct 26, 2026)
Organizations Mentioned:BCMB1 Trust | First Age, LLC | NS194, LLC | Second Start, LLC | Shelving Rock, LLC | Southern MBA Trust
By Colleen M. Svelnis, J.D.
Under the agreement, within 30 days, covered debt buyers must make specified court corrections and pay $240,000; they also owe more than $242,000 in restitution.
The New York attorney general's (AG's) office accepted an Assurance of Discontinuance req ...