State supreme court calls prosecutor’s courthouse campaigning an ‘exploitation of the judicial system’

Mortgagees and their servicers should take note that a New York appellate court has confirmed that a default letter, stating the mortgage debt “will be accelerated” if the default is not cured, does not clearly and unequivocally accelerate the debt. In addition, the appellate court held that de-acceleration notices must be clear and ambiguous, and…