7Trenton, NJ – A federal magistrate judge has vacated default against two companies tied to an Ocean Grove foreclosure case, giving them another chance to fight claims brought by the Federal National Mortgage Association (Fannie Mae) .

The case stems from a June 2023 foreclosure action filed by Fannie Mae against Ocean Grove NJ LLC , Ocean Grove Operating LLC , and Sage Home Management LLC . The suit alleged the defendants failed to make payments on a mortgage and related loan documents.

While Ocean Grove NJ LLC responded early in the case, even consenting to the appointment of a receiver, both Ocean Grove Operating and Sage failed to appear or answer the complaint. The clerk of court entered default against them in March 2024, and Fannie Mae moved for default judgment later tha

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