Call The Most Aggressive New York Foreclosure Defense Lawyer Today At 888.576.2221
The New York FAPA Law (Foreclosure Abuse Prevention Act) went into effect on January 1st. FAPA was created because judges across New York were fed up with lenders abusing the New York court system. As a result, the New York Legislature didn't disappoint. So, last year, they passed the New York FAPA Law (Foreclosure Abuse Prevention Act) went into effect on January 1st.
The law is a big win for homeowners. It puts significant restraints on what lenders, servicers and investors can do and not do when foreclosing.
Lenders and banks claim the new law jeopardizes their ability to recover their mortgage debt. They complain the law not only affects any future foreclosures. They say it also affects all foreclosures currently in litigation.
Judge have been finding lenders and foreclosure mill attorneys have abusing the court system since the financial crisis of of 2008. They found lenders have been dismissing foreclosure actions and refiling them intentionally just to drive up legal for homeowners.
Judges say the vast majority of New York foreclosures have been in and out of litigation for nearly a decade. They say this is due lenders and foreclosure mill lawyers abusing and clogging up the courts.
Key provisions of the new law include:
MFI-Miami has helped hundreds of people successfully fight to stay in their homes. The New York FAPA law is homeowner's life line when facing foreclosure!
MFI-Miami also works with some of the best foreclosure defense litigator in New York. They have stopped foreclosures using FAPA!
Contact Us Today At 888.576.2221 To Learn More!
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New York Foreclosure Defense Lawyer Kevin T. Conway offers the best in New York foreclosure defense and loan modification representation!
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