Amount due

Breach: lenders able to collect the full amount due despite an initial default that occurred outside the limitation period

On August 1, 2018, the Florida State Third District Court of Appeals issued an opinion Gonzalez v. National Federal Mortgage Association, ____ So.3d ____, 2018 WL 3636467 (Fla. 3d DCA August 1, 2018), case no.3D17-1246, ruling that a lender in a foreclosure action may collect the “full amount of the obligation” despite the initial default […]