Supreme Judicial Court of Maine

J.P. Morgan Mortgage Acquisition Corp. v. Camille J. Moulton

January 30, 20242024 ME 13

Summary

The court held that the lender’s notice of default and right to cure was defective because it overstated the amount required to cure the default, preventing the lender from proving strict statutory compliance. It affirmed summary judgment for the borrower on the foreclosure claim but vacated the portion of the judgment declaring the mortgage discharged and the property unencumbered, while leaving the attorney-fee award intact.