New York’s Foreclosure Abuse Prevention Act: Impact & Strategies
New York State Governor Kathy Hochul signed the Foreclosure Abuse Prevention Act (“FAPA”) on December 30, 2022, which became effective immediately. FAPA amends the Real Property Actions and Proceedings Law, General Obligations Law, and Civil Practice Law and Rules and applies to all actions commenced under CPLR 213(4) and in which a final Judgment of Foreclosure and Sale has not been enforced. Thus, FAPA retroactively applies to pending actions, not just new actions.
Please join Blank Rome’s Diana Eng, Andrea Roberts, and Alina Levi on Wednesday, February 15, 2023, from 1:00 to 2:00 p.m. EST, for a CLE webinar where they will discuss FAPA’s key provisions and some strategies to address the impact of FAPA, including potential Constitutional challenges.
- Diana M. Eng, Partner, Financial Institutions Litigation and Regulatory Compliance (“FILARC”)
- Andrea M. Roberts, Senior Attorney, Financial Institutions Litigation and Regulatory Compliance (“FILARC”)
- Alina Levi, Associate, Financial Institutions Litigation and Regulatory Compliance (“FILARC”)
This program is anticipated to qualify for general credit in the following jurisdictions:
- CA – 1 general credit
- FL – 1 general credit
- NJ – 1 general credit (by reciprocity)
- NY – 1 professional practice credit (appropriate for both newly admit and experienced attorneys)
- PA – 1 general credit
- TX – 1 general credit
- VA – 1 general credit
QUESTIONS? Please contact Adam Schuman by e-mail.