First Niagara Bank Mortgage Satisfaction Notification Class Action Settlement

Class Eligibility

You are a member of the class if you paid residential mortgage in New York State to First between July 19, 2010 and November 14, 2014 for whom Next Niagara failed to submit notification of payment to the respective county clerk

Estimated Amount


Proof of Purchase

Mortgage Info

Case Name

Zink v. First Niagara Bank Settlement
Civil Action No. 1:13-cv-01076-RJA
District Court, Western District of New York

Case Summary

According to the lawsuit First Niagara failed to timely present to the county clerks of New York State proof that mortgages had been satisfied. N.Y. Real Prop. Acts. Law § 1921 and N.Y. Real Prop. Law § 275 provide that a lender who fails to present to the proper county clerk a satisfaction of mortgage when a borrower has paid the entire principle and interest due on a mortgage within 30 days is liable to the mortgagor for $500, if a mortgagee fails to do so within 30 days; $1000, if a mortgagee fails to do so for more than 60 days; or $1500, if a mortgagee fails to do so for more than 90 days.

Settlement Pool





Zink First Niagara Settlement

P.O. Box 3230

Portland, OR 97208-3230