All Along the Watchtower: Awaiting the Ruling on FAPA’s Retroactive Reach
By EsqSocial Corporation 23/12/24
In a recent case, E. Fork Funding LLC v. U.S. Bank, Nat’l Ass’n, the United States Court of Appeals for the Second Circuit has certified a novel question for the New York Court of Appeals ("NYCOA"): Whether Sections 4 and/or 8 of the Foreclosure Abuse Prevention Act (“FAPA”) apply to a unilateral voluntary discontinuance of a mortgage action taken prior to the Act’s enactment....
By: Cadwalader, Wickersham & Taft LLP