MBS Trust Filed A Lawsuit Challenging New York State’s FAPA
An MBS Trust Filed A Class Action Lawsuit Federal Court Against New York State Alleging FAPA Is Unconstitutional Last month, MBS Trust filed a class action lawsuit in the U.S. District Court for the Northern District of New York. Brougham Fund I Trust is challenging the constitutionality of New York State’s Foreclosure Abuse Prevention Act (FAPA). The plaintiff alleged FAPA retroactively altered…














