Yvanova v. New Century Mortgage Corporation

The decision tackles a question that became important after the housing market’s collapse in 2008: can a defaulted homeowner involved in the securitization of loans? In 2012 Tsvetana Yvanova challenged the foreclosure and public auction of her Woodland Hills, Calif., home, alleging there was a four-year break in the chain of title, essentially making it void.

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