A Victory For Lenders – The Massachusetts Supreme Judicial Court Holds That a Pre-foreclosure Notice of Default and Right to Cure That Complies with State Law is Not Potentially Deceptive
By EsqSocial Corporation 11/01/21
The Massachusetts Supreme Judicial Court’s recent decision in Thompson v. JPMorgan Chase Bank, N.A., — N.E.3d —-, 2020 WL 7238390, at *4 (1st Cir. Dec. 9, 2020) represents a substantial victory for the financial services industry by clarifying that a lender’s pre-foreclosure notice of default and right to cure that complies with state law will insulate the notice from attack as potentially inaccurate or deceptive. Massachusetts law requires a lender’s pre-foreclosure notice of default and right...
By: Bowditch & Dewey