“failure to pay this delinquency, plus additional payments and fees that may become due, will result in the acceleration of your Mortgage Note. Once acceleration has occurred, a foreclosure action . . . may be initiated.” the Notice of Default stated that “[t]o avoid the possibility of acceleration,” Defendants were required to make certain payments […]

Tags: acceleration, declaration of default, decleration, statute of limitations
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Tags: Bloomberg News Editors, borrower, CFPB, Consumer Financial Protection Bureau, declaration of default, Fannie MAe, Force Placed Insurance, foreclosure, foreclosure fraud, fraud, housing insurance, housing market, insurance premiums, investors, mortgage bonds, no paper certificate, non-existant mortgage bonds, Notice of Sale, predatory lending, servicers betting against homeowners, Tara Steele
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