Adam Swanson speaks at the New York Mortgage Bankers Association (NYMBA) webinar on legislative and judicial developments shaping the New York mortgage servicing industry. He discusses recent developments involving the New York Foreclosure Abuse Prevention Act (FAPA) and developments in the U.S. Bank v. Fox case. Swanson will also discuss new legislation, NY Senate Bill 6971, which will place new onerous requirements on first mortgage holders and reduce the principal balance of second mortgages sold on the secondary market.
6.4.2025