What is a Notice of Intent to Accelerate?

What is a Notice of Intent to Accelerate? -- LEE LEGAL -- DC VA MD foreclosure defense attorney

Almost every mortgage contains the requirement that your lender send a Notice of Intent to Accelerate before it can initiate foreclosure proceedings. What is a Notice of Intent to Accelerate? Sometimes called a Default Letter, the Notice of Intent to Accelerate usually states that a mortgage loan is in default. The letter will also state […]