Actions to foreclose a commercial or residential mortgage should be relatively simple.  All the lender needs to do is submit the note and mortgage to the court and provide proof that the borrower defaulted.

It seems easy, but when it comes to lenders who did not originate the loan, the path to foreclosure is lined with technical obstacles that borrowers use to frustrate the assignee and delay foreclosure while the borrower fails to pay any debt service, sometimes for many years.

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