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JACOBS v. OCWEN FEDERAL BANK, FSB

No. 3:03 CV 427.

311 F.Supp.2d 766 (2004)

Albert JACOBS and Nancy Jacobs, Plaintiffs, v. OCWEN FEDERAL BANK, FSB, Defendant.

United States District Court, N.D. Indiana, South Bend Division.

April 2, 2004.

Attorney(s) appearing for the Case

Donald E Wertheimer, South Bend, IN, for Plaintiffs.

Jennifer R Fitzwater, John S Mercer, Stephen M Koers, Wood Tuohy Gleason Mercer and Herrin, Indianapolis, IN, for Defendant.

MEMORANDUM AND ORDER

ALLEN SHARP, Judge.

Defendant, Ocwen Federal Bank, FSB, ("Ocwen"), has moved for summary judgment contending that the Plaintiffs', Albert and Nancy Jacobs, ("Plaintiffs") claims are barred by the applicable statutes of limitation.

I. Background

On or about May 27, 1994, Plaintiffs executed a loan agreement and a mortgage in favor of Associates Financial Services Company of Indiana, Inc. ("Associates"). The Plaintiffs...

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