Wilmington Savings Fund Society, FSB, as Trustee for Brougham Fund I Trust v. Leonard M. Cortellino

Summary

The court held that Wilmington Savings owned the mortgage and therefore had standing to pursue foreclosure because a court-appointed receiver validly assigned the mortgage to Wilmington Savings. However, the right-to-cure notice was legally defective because its itemized charges did not reconcile with the stated cure amount and contained internal mathematical inconsistencies. The court vacated the foreclosure judgment and remanded for dismissal of the complaint.