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17-2132 - CIT Bank, N.A. v. Castillo et al


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17-2132 - CIT Bank, N.A. v. Castillo et al
April 5, 2018
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ORDER ADOPTING REPORT AND RECOMMENDATIONS : IT IS HEREBY ORDERED that plaintiff's motion for a default judgment and judgment of foreclosure and sale is granted, and damages are awarded to CIT Bank in the following amounts: (a) principal in the amount of $444,364.05; (b) interest at a rate of 2% through July 21, 2017, in the amount of $4,104.08; (c) additional charges and advances in the amount of $4,978.79; and (d) costs in the amount of $1,150.00; and IT IS FURTHER ORDERED that this matter is referred to Magistrate Judge Lindsay for a Report and Recommendation as to whether the additional materials submitted by plaintiff warrant an award of attorneys' fees. Entry of a judgment of foreclosure and sale shall await determination of that issue. Ordered by Judge Denis R. Hurley on 4/5/2018. (Gapinski, Michele)