A New York homeowner signed a mortgage in 2005 and later faced foreclosure; after a bank won a ruling, an appeals court reversed it because the lender had not proved it could enforce the note
- The appeals court reversed parts of the July 2025 order that had allowed foreclosure (AI image)A New York man who took out a mortgage in 2005 has managed to overturn a court ruling that had gone in favour of a bank seeking to foreclose on his property.
- The US Bank National Association had accused Moses Sukljian of failing to make his loan payments and secured a favourable ruling in 2025.
- However, on Friday, a state appeals court reversed the decision after finding that the bank had not provided enough evidence to prove it had the legal right to enforce the loan.
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- The appeals court reversed parts of the July 2025 order that had allowed foreclosure (AI image)A New York man who took out a mortgage in 2005 has managed to overturn a court ruling that had gone in favour of a bank seeking to foreclose on his property.
- The US Bank National Association had accused Moses Sukljian of failing to make his loan payments and secured a favourable ruling in 2025.
- However, on Friday, a state appeals court reversed the decision after finding that the bank had not provided enough evidence to prove it had the legal right to enforce the loan.
Sources: Times of India