Defective Default Notice Dooms Foreclosure Action

Wells Fargo sought to foreclose on a condominium after its owner defaulted on her mortgage. The court determined that the mortgage documents required that Wells Fargo send the borrower a notice that set forth certain information about the loan and default before finding the borrower to be in default. The notice was to be sent to the borrower’s address. Wells Fargo sent the notice to the address, but failed to list the unit number. The notice was also unclear as to how much the borrower had to pay to bring the loan current. For these reasons, the judge found the notice defective and dismissed the foreclosure.