2023年1月08日
New York Enacts Retroactive Foreclosure Legislation
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To read complete article visit Consumer Financial Services Review Blog
New York Governor Kathy Hochul signed the Foreclosure Abuse Prevention Act on December 30, 2022. The new law, which takes effect immediately, threatens to significantly constrain the ability of lenders, servicers, and investors to foreclose and may jeopardize their recovery, including with regard to pending foreclosure actions.
Read more in Mayer Brown’s Legal Update.
