NY Judge Orders $72M Payment Over Multifamily Foreclosures

By Isaac Monterose · May 28, 2025, 6:14 PM EDT

A New York federal judge ruled that several borrowers must pay more than $72.4 million to Fannie Mae, which accused the borrowers of defaulting on multifamily loans associated with 12 New...

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Case Information

Case Title

Federal National Mortgage Association v. 2120 Tiebout LLC et al

Case Number

1:23-cv-09445

Court

New York Southern

Nature of Suit

Real Property: Foreclosure

Date Filed

October 27, 2023