On May 20, 2025, the New York Court of Appeals agreed to hear constitutional challenges to one aspect of New York’s Foreclosure Abuse Prevention Act (FAPA). ...more
5/27/2025
/ Action to Quiet Title ,
Appeals ,
Borrowers ,
Constitutional Challenges ,
Due Process ,
Estoppel ,
Foreclosure ,
Judicial Authority ,
Lenders ,
Mortgage Lenders ,
Mortgages ,
Property Owners ,
Retroactivity ,
Standing ,
Statute of Limitations
In the six months since New York’s governor signed the Foreclosure Abuse Prevention Act, L. 2022, ch. 821 (eff. Dec. 30, 2022) (FAPA), a split has emerged about whether the law applies retroactively....more
7/7/2023
/ Borrowers ,
Constitutional Challenges ,
Consumer Financial Products ,
Financial Services Industry ,
Foreclosure ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
New Legislation ,
Regulatory Reform ,
Rules of Civil Procedure ,
Statute of Limitations