Vocabulary regarding supposed assignment so you’re able to Countrywide says that the „[a]ssignment is going to be deemed active since
“ Such as for instance sample within retroactivity, not, are lack of to establish Countrywide’s ownership focus at that time the latest action is began. In reality, property foreclosure of a mortgage is almost certainly not lead because of the individual who does not have any name so you can they and you can absent a good transfer out-of the debt, the newest assignment of one’s mortgage are a great nullity (Kluge v Fugazy, 145 AD2d 537 [2d Dept 1988]).