Home Owners' Loan Corp. v. Mascari

For the purpose of considering the questions involved, the material facts appearing in the record are as follows:

November 16, 1933, Rosario Mascari and Annie Mascari, his wife, executed a note and mortgage to the Home Owners’ Loan Corporation in the sum of $2,650.43. An action to foreclose this mortgage was commenced March 2, 1939, and judgment of foreclosure entered April 7, 1939. May 22, 1940, an agreement was entered into, and December 6, 1941, the judgment was vacated by stipulation of the parties and the note and mortgage reinstated without prejudice to the right of plaintiff again to…