What NY’s Foreclosure Abuse Prevention Act Means for the Mortgage Industry

By |2023-02-06T09:56:39-06:00February 7th, 2023|Compliance|0 Comments

How can private lenders mitigate their risk? The mortgage industry, like many others, has experienced a rather tumultuous couple of years. The recent passage of New York’s Foreclosure Abuse Prevention Act (FAPA) has brought about another layer of complexity to private lenders focused on investor loans. Although FAPA presently pertains only to New York state, [...]