Month: January 2023

When you default on your mortgage payments, your property will enter foreclosure. This process allows banks and lenders to recover their dues by selling or possessing the property. Foreclosure often takes one of these two paths. The lender files a lawsuit to initiate...

At the end of 2022, New York Gov. Kathy Hochul signed the Foreclosure Abuse Prevention Act (FAPA) into law. The legislation passed with bipartisan support in both houses of the state legislature last year, but the governor, delayed signing it throughout her campaign...