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Saturday, December 20, 2014

Local Pol Latimer's Rye Home in Foreclosure

"State Sen. George S. Latimer's Rye home has fallen into foreclosure proceedings because Latimer has allegedly not paid his mortgage since January. Carrington Mortgage Services filed foreclosure papers against Latimer and Robin L. Phelps Latimer Dec. 12 for the house at 47 Wainwright St. Papers filed in state Supreme Court in White Plains allege that the Latimers borrowed $355,250 from JPMorgan Chase Bank in 2006 and were supposed to make $2,363.49 monthly mortgage payments until 2036.

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