Under the Foreclosure Abuse Prevention Act (“FAPA”), effective as of December 30, 2022, a lender in a New York foreclosure or quiet title action can be estopped from asserting that the subject mortgage loan was not validly...more
In New York civil actions, where a defendant fails to answer the complaint, the next step is usually a motion for a default judgment pursuant to CPLR 3215. However, in residential mortgage foreclosure actions, the plaintiff...more
11/8/2024
/ Banks ,
Borrowers ,
CPLR ,
Default Judgment ,
Foreclosure ,
Judicial Intervention ,
Mortgage Lenders ,
Mortgages ,
Motion to Dismiss ,
New York ,
Settlement Conferences