Metropolitan Life Insurance v. Keefe

In a summary judgment action, the affidavits reveal that defendants James and Emily Keefe purchased a home in 1964 and mortgaged it to Metropolitan Life Insurance Co., which made Great Lakes Mortgage Corporation its agent for collection. In 1976, the mortgagee instituted foreclosure proceedings on this property. On July 28, 1977, a decree of foreclosure was entered after defendants’ default by nonappearance. Following notice, at a public sale held on September 15,1977, petitioners Javaras and Skach purchased the property. Defendants tendered the redemption amount claimed to be owing to the…