Thompson v. JPMorgan Chase Bank, N.A.Annotate this Case
In this foreclosure action, the Supreme Judicial Court answered a certified question from the Court of Appeals for the Court of Appeals for the First Circuit by concluding that a challenged statement in a default and acceleration notice did not render the notice inaccurate or deceptive in a manner that rendered the subsequent foreclosure sale void under Massachusetts law.
After Plaintiffs defaulted on their mortgage payments, JPMorgan Chase Bank, N.A. foreclosed on Plaintiffs' home and sold it at auction pursuant to the statutory power of sale. Plaintiffs commenced this action to set aside the foreclosure, arguing that the Bank's default and acceleration notice was misleading and potentially deceptive. A federal district court judge granted summary judgment to Chase. The First Circuit reversed, holding that the notice was potentially deceptive and, therefore, void. On petitioner for reconsideration, the First Circuit vacated its decision and certified a question to the Supreme Court. The Court answered the reported question in the negative, holding that the notice was neither inaccurate nor deceptive.