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Notice vs. Acceleration - Unlocking the Mystery

Acceleration is one of the most elemental - and critical - concepts in the realm of mortgage foreclosures. But how this is accomplished, and the relationship of acceleration to the concept of notice is sometimes elusive. A quick primer spurred by issuance of a new case follows. [For the full story in...

Florida District Court Issues Key Ruling in Mortgage Foreclosure Case

Previously, Florida appellate courts were strictly enforcing the acceleration requirements in mortgages. In Gorel v. The Bank of New York Mellon , Case No. 5D13-3272 (Fla. 5th DCA May 8, 2015), [ enhanced version available to lexis.com subscribers ], a Florida appellate court has now held that the failure...