Metro

Bank mistakenly declared hedgie’s $18M mortgage paid

Bank of America accidentally gave a Wall Street hedge-funder a break on his mortgage, according to Manhattan Supreme Court records.

Short seller James Chanos has an $18 million loan from Bank of America for his Upper East Side penthouse, but a paperwork error caused the bank to declare the mortgage satisfied in 2011.

The satisfaction of mortgage on the East 75th Street property was “entirely the result of an administrative error,” Bank of America said in court papers, adding that Chanos, 58, kept making his monthly payments.

A judge quickly approved the bank’s request last week to void the paperwork.