Foreclosure Action Against Couple Was Timely, 10th Circuit Panel Rules

Mealey's (July 17, 2019, 1:30 PM EDT) -- DENVER — A 10th Circuit U.S. Court of Appeals panel on July 16 upheld the dismissal of a couple’s lawsuit seeking a declaration that the mortgage and promissory note was unenforceable, ruling that a state court foreclosure action filed by the company that was assigned to their loan was timely because it was subject to a six-year statute of limitations (Amy Monroe v. Bank of America N.A., et al., No. 18-5089, 10th Cir., 2019 U.S. App. LEXIS 20964)....