LOS ANGELES - Two home owners have asked a California appellate court to reconsider its recent decision on the enforceability of a mortgage-forgiveness rider that is similar to those appearing in other bond transactions.

The home owners, Michael and Bonnie Benov, have filed for a rehearing, arguing that the decision reinstating their mortgage obligation relied on various misstated facts tied to the handling of their mortgage. In particular, they argue the court erred by assuming the trustee sold the mortgage notes prior to the bond redemption.

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