FLAGSTAR BANK, FSB v. WALKER

8230/11.

37 Misc.3d 312 (2012)

946 N.Y.S.2d 850

2012 NY Slip Op 22148

FLAGSTAR BANK, FSB, Plaintiff, v. BEVAN WALKER et al., Defendants.

Supreme Court, Kings County.

Decided May 31, 2012.


Attorney(s) appearing for the Case

Ellinoff, Grossman & Schole, LLP, New York City, for plaintiff.

Lisa M. Pullini , Brooklyn, for defendants.


OPINION OF THE COURT

HERBERT KRAMER, J.

There is only one standard for good faith under CPLR 3408. That standard exists regardless of insurance regulations by the Federal Housing Administration (FHA), or others, and independent of investor restrictions.

This court holds that the best uniform standard for "good faith" is compliance with the Federal Home Affordable Modification Program (HAMP) regulations...

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