Who Wants a Free House? Applying Res Judicata to Foreclosure Cases

As the backlog of judicial foreclosure cases grew substantially in recent years in states such as New York, New Jersey, and Florida, many homeowners found their cases dragging on for years or even ignored altogether by their mortgage lenders. As the statute of limitations began to run on foreclosure actions, some homeowners found themselves in a unique position – the mortgage l ...Read the full article