After nearly a decade of fighting a foreclosure, a couple in the Empire State is claiming victory after their mortgage servicer missed an important deadline.
Fred and Theresa Tovar originally took out a loan with Beneficial Homeowner Service Corp. that was secured against a Sound Beach, New York property.
After the borrowers defaulted on the loan, the lender sued to foreclose in 2007. But the case was dismissed in 2012, and a new lawsuit wasn’t filed until 2014.
Source: Mortgage Daily