Ditech Financial, LLC v. Naidu

Decision: 2021.02.18

Argument: 2021.01.05 vid. tr.

Whether plaintiff’s execution of a stipulation to discontinue prior foreclosure action constituted an affirmative act to revoke plaintiff’s election to accelerate the mortgage, thereby rendering subsequent foreclosure action timely.

Related Case: Freedom Mortgage Corp. v. Engel; Vargas v. Deutsche Bank National Trust Co.; Wells Fargo Bank NA v. Ferrato.

Select one… NYCA Merits Briefs NYCA Other Materials Lower Court Decision Lower Court Materials

• The Doctrine of Nullification Also Justifies the Result in the Mortgage Acceleration Cases.
• Court of Appeals Issues Four Landmark Residential Mortgage Foreclosure Decisions to Provide Clarity and Consistency Regarding the Statute of Limitations.
• The Court’s Decision Fixes What Wasn’t Broken, Promotes Manipulation of the Judicial System, and Undermines the Purpose of Statutes of Limitations.
• Court clarifies rules on acceleration and de-acceleration of mortgage debt (Wells Fargo Bank NA v. Ferrato; Vargas v. Deutsche Bank National Trust Co.; Ditech Financial, LLC v. Naidu; Freedom Mortgage Corp. v. Engel).
• The January Session calendar is set (October 15, 2020).
• Case Summary – Ditech Financial, LLC v. Naidu