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    May

    Professors' Corner - Accelerating and De-accelerating the Mortgage Note

    12:30 PM EDT

    The panelists will discuss recent cases and legislation on these opposed positions and offer advice on how to navigate around the pitfalls.

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    The acceleration of the mortgage note after default is an essential step toward the mortgagee's remedy of foreclosure and it starts the running of the statute of limitations. There is disagreement among the states on whether a subsequent deacceleration, either unilateral or by agreement, operates to reset the statute of limitations, instead of acceleration being an irreversible trigger. The latter scenario makes a workout between mortgagor and mortgagee a risky proposition and may force mortgagees to pursue the more burdensome foreclosure remedy.

    The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for this program.

    Event Details

    Duration

    60

    Format

    Webinar

    Date

    May 14, 2024

    2024-05-14T12:30:00-04:00 2024-05-14T13:30:00-04:00 Professors' Corner - Accelerating and De-accelerating the Mortgage Note

    The panelists will discuss recent cases and legislation on these opposed positions and offer advice on how to navigate around the pitfalls.

    Speakers

    Daniel Glenn Durell

    Locke Lord LLP

    David Zive

    Ballard Spahr LLP

    James Smith

    Univ of Georgia School of Law

    Sponsors

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