Erick Vallely

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Erick Vallely is a Real Estate Broker/Owner and Managing Partner of Vallely Law PLLC. Erick has represented large financial institutions, national mortgage servicers, hedge funds, private equity companies, and individuals in both residential and commercial foreclosure actions. His extensive experience in uncontested foreclosure, litigated foreclosure, and alternatives to foreclosure creates a distinct advantage for lenders.

Over the years, Erick has participated in and overseen the foreclosure process on over twenty-five thousand defaulted loans. He has been a lecturer at national servicing conferences and before the courts of the State of New York. As part of his foreclosure practice, Erick has represented numerous buyers and sellers of defaulted loan pools in all aspects of transactions, including due diligence and negotiation of sales.

In addition to the foreclosure process, Erick represents both private and institutional lenders in commercial lending transactions. His specialty is construction lending, but he has represented lenders in all facets of both traditional and non-traditional lending. His experience in the foreclosure process provides unique insight into commercial lending and allows him to provide transactions that withstand the tough scrutiny of the courts.

Prior to founding Vallely Law, Erick managed two large foreclosure practices in New York. Having managed, overseen, and built foreclosure practices, Erick has extensive experience in the most challenging foreclosures New York has to offer. Vallely Law represents the culmination of Erick's experience with a focus on providing his expertise to the commercial and residential mortgage industry.