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state_legiscan_drain · NY

Mandates a stay of foreclosure sales in all actions where a defendant has filed and perfected an appeal from a judgment of foreclosure and sale until the appeal is decided or dismissed, unless expressly waived by the defendant.

June 5, 2026

Summary

If enacted, this bill would require a stay of foreclosure sales in all actions where a defendant has filed and perfected an appeal from a judgment of foreclosure and sale. The stay would remain in effect until the appeal is decided or dismissed, unless the defendant expressly waives the stay. This directly affects banks, servicers, and other entities that initiate foreclosure proceedings in New York, as it delays foreclosure sales during the appeals process.

AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.

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Source: https://www.nysenate.gov/legislation/bills/2025/A11586

Common questions

What does "Mandates a stay of foreclosure sales in all actions where a defendant has filed and perfected an appeal from a judgment of foreclosure and sale until the appeal is decided or dismissed, unless expressly waived by the defendant." cover?
If enacted, this bill would require a stay of foreclosure sales in all actions where a defendant has filed and perfected an appeal from a judgment of…
When was it published?
It was published on June 5, 2026.

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Mandates a stay of foreclosure sales in all actions where a defendant has filed and perfected an appeal from a judgment of foreclosure and sale until the appeal is decided or dismissed, unless expressly waived by the defendant. — Reglith