These Foreclosure Forms are for All Courts that preside over Residential Foreclosure Cases. In a foreclosure action, the judgment of foreclosure directs that the mortgaged premises be sold at auction to pay the sum due to the foreclosing plaintiff.New York is a judicial foreclosure state, which means that the lender has to sue the borrower in order to enforce their rights under the mortgage and note. First, you need to make sure that you are able to record the judgment "docket" with the clerk in the county that you sued. Learn how the New York foreclosure process works, including preforeclosure steps, foreclosure procedures, and homeowner rights. Monetary judgments, mechanic's liens, broker's liens and notices of pendency can be searched in our White Plains office or at Westchester Records Online. This lawsuit is called a mortgage foreclosure action. The court will make a judgment either in favor of the mortgage company or in favor of the homeowner. All interested persons should be present on the date and time specified in the notice in order to bid on a particular property.