by Craig D. Robins, Esq.
Foreclosure Filings
September 535
October 477
November 378
December 429
January 713
Last month, the number of foreclosure filings on Long Island jumped by 66% over the preceding month.
A foreclosure proceeding commences when the mortgage company files a document called a “lis pendens” with the County Clerk.
Shortly thereafter, the mortgage company arranges to have a process server personally deliver the foreclosure “summons and complaint” to the homeowners.
