9th Circuit Holds Borrower’s Acknowledgment Tolled Statute Of Limitations

Mealey's (July 2, 2018, 1:23 PM EDT) -- SAN FRANCISCO — After finding that a statute of limitations on foreclosure in Arizona was tolled when a borrower acknowledged the debt, the Ninth Circuit U.S. Court of Appeals on June 28 affirmed a summary judgment ruling for a trustee, holding that it was entitled to foreclose (Katrina Perkins Steinberger, et al. v. Ocwen Loan Servicing, LLC, et al., No. 17-15314, 9th Cir., 2018 U.S. App. LEXIS 17792)....