HSBC BANK USA v. ANTROBUS

43299/07.

2008 NY Slip Op 51639 (U)

HSBC BANK USA, NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE FOR THE REGISTERED NOTEHOLDERS OF RENAISSANCE HOME EQUITY LOAN TRUST 2006-4, Plaintiff, v. PATRICIA ANTROBUS, JONATHAN ANTROBUS, ET AL., Defendants.

Supreme Court of the State of New York, Kings County.

Decided July 31, 2008.


Attorney(s) appearing for the Case

Anne E Miller-Hulbert, Esq., Shapiro & Dicaro, LLP, Rochester NY, Plaintiff.

No Answer from defaulting homeowner, Defendant.


ARTHUR M. SCHACK, J.

The instant mortgage foreclosure action exemplifies various aspects of the present national foreclosure crisis, recently commented upon by Gretchen Morgenson in her July 13, 2008 lead story in the Sunday Business section of the New York Times, "The Fannie and Freddie Fallout":

It's dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that's the show...

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