Costa v. Deutsche Bank National Trust Co.
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
KATHERINE POLK FAILLA, United States District Judge
Stripped of its technical jargon, this case is about whether a nearly decade-old defaulted mortgage loan remains enforceable. Plaintiffs Vito and Marion Costa argue that the applicable six-year statute of limitations has expired and that they are therefore entitled to the cancellation and discharge of their mortgage loan. Defendants, the loan trustee and the servicer, maintain that the limitations period has not expired because it had not started prior to this action or, if it had, it was tolled or renewed; thus, foreclosure…
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