Over banks' opposition, New York's governor has signed into law a measure that will allow prevailing homeowners in many foreclosure actions to claim attorney fees from lenders. The Access to Justice in Lending Act will put defendants in foreclosure proceedings on the same footing as lenders, who often include in mortgage documents the right to recoup reasonable attorney fees if they bring a successful action.
New York Grants Right to Claim Attorney Fees to Prevailing Homeowners in Foreclosures
New York Law Journal
October 25, 2010