Can the mortgage pay off be squashed? Posted on May 19, 2011

A pay off for a loan on a mortgage was made. The lender knew the transaction was taking place. The process has taken longer than expected. 60 days to be exact. The refinancier is ready to pay off. The original mortgager is saying they will refuse payoff because mortgagee is 2 mos. behind on payment. Can the pay off be squashed?

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