Opinion
October 26, 2009.
Mortgages — Acceleration Clause. Accord and Satisfaction — Tender of Less than Full Payment of Disputed Claim.
October 26, 2009.
Mortgages — Acceleration Clause. Accord and Satisfaction — Tender of Less than Full Payment of Disputed Claim.
Full title:Emigrant Funding Corp. v. 7021 LLC
Court:Supreme Court of the State of New York. Queens County
Date published: Oct 26, 2009
that “[p]arties are free to agree that a contract rate of interest shall increase upon default, so long as an…
Pereira v. Prompt Mortg. Providers of N. Am., LLC (In re Heavey)See, e.g. , Union Estates Co. v. Adlon Constr. Co. , 221 N.Y. 183, 187, 116 N.E. 984 (1917) ("[A]n agreement…