Mass. Justices Skeptical Chase Foreclosure Info Is Too Vague
Law360, Boston (February 13, 2020, 4:33 PM EST) -- Massachusetts' top court suggested Thursday that requiring JPMorgan Chase to be more specific when sending foreclosure notices could leave lenders violating the law through meaningless math errors, hearing arguments on a question with potentially wide-ranging ramifications.
The Supreme Judicial Court tackled the question examining whether JPMorgan Chase Bank NA was specific enough when it said a Massachusetts couple could avoid foreclosure if, and only if, they paid the balance due before a specified foreclosure sale date.
The First Circuit had found that the language could be misleading, since technically the couple, Mark and Beth Thompson, would have had to pay the $200,000...
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