Mochadibane said the judgment fell within the legal framework which existed before the promulgation of the National Credit Act (NCA).
A default judgment granted prior to the NCA remains valid for a period of 30 years.
According to Mochadibane, Nedbank also does not have a record of Mokgobu requesting or the bank consenting to a six-month repayment freeze, as Mokgobu claimed.
Mochadibane denied Mokgobu's claim that the house was sold to a Nedbank employee.
The house was bought in by the bank at the sale in execution and thereafter the bank sold it to the present purchaser, who has never been a Nedbank employee, Mochadibane said.
"It is not out of place, albeit very rare, for a bank to sell repossessed properties to its staff members. However, this can only be done with the approval of the registrar of the Reserve Bank," she said
Mochadibane said there were seven instances where the bank held back on the sale in execution in order to accommodate Mokgobu.