Adam Swanson speaks on a panel at the Mortgage Bankers Association’s Servicing Solutions Conference and Expo to discuss the New York State trends in servicing litigation, especially the anticipated impacts of the New York Foreclosure Abuse Prevention Act (“FAPA”). Adam discusses changes to rules governing foreclosure actions in New York following the enactment of FAPA and its impact on the mortgage finance and servicing industries. He will speak on how it is affecting commercial and residential mortgage loan investment, documentation, servicing, and workouts, as well as the impact FAPA has on lenders, servicers, and investors who invest in whole mortgages loans, or in mixed mortgage pools of performing and non-performing mortgage loans, involving properties located in New York state.
1.12.2024