Who is selling the property in this notice?

Freedom Mortgage Corporation is selling the property under the mortgage's power of sale.

Why is the property being sold at auction?

Because the borrowers defaulted on their mortgage payments, triggering the lender's right to foreclose.

When was the mortgage originally recorded?

The mortgage was recorded January 27, 2023, as Instrument No. 20230127000023040 in Shelby County.

Foreclosure — Shelby

Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research

Lender

Affects:HomeownersProperty BuyersCreditorsGovernment Agencies

Freedom Mortgage Corporation will sell at public auction a property in Shelby County after borrowers Bobbie J. Wallace and Joseph Wallace defaulted on a mortgage originally dated January 20, 2023. The sale follows assignment to Freedom Mortgage recorded March 4, 2025.

Key Takeaways

Property to be sold at public auction for cash
Default on mortgage by Bobbie J. and Joseph Wallace
Mortgage dated January 20, 2023, recorded January 27, 2023
Freedom Mortgage Corporation holds the power of sale

Published: May 17, 2026 · 2 days ago
Category: Foreclosure
City: Shelby

Research context

4 foreclosure notices in Shelby (last 12 months)

If you don't respond

If no action is taken before the foreclosure sale, the property will be sold at the public auction (date not provided) and the homeowners will lose ownership rights.

What to do next

1
Contact the lender
Contact Freedom Mortgage Corporation to request payoff information and discuss reinstatement options before the sale.
2
Check courthouse for sale details
Visit the Shelby County courthouse or probate office to obtain the foreclosure sale date, time, and property address.
3
Consult a housing attorney
Seek legal advice immediately to explore defenses, alternatives, or redemption rights before the auction.

Frequently asked questions

Who is selling the property in this notice?: Freedom Mortgage Corporation is selling the property under the mortgage's power of sale.
Why is the property being sold at auction?: Because the borrowers defaulted on their mortgage payments, triggering the lender's right to foreclose.
When was the mortgage originally recorded?: The mortgage was recorded January 27, 2023, as Instrument No. 20230127000023040 in Shelby County.

The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.

Legal terms in this notice

power of sale: A clause in a mortgage allowing the lender to sell the property without court action after default.
assignment: A recorded transfer of the mortgage from one lender to another, giving the new lender rights under the mortgage.

Full Notice Text

PUBLIC NOTICE

NOTICE OF
MORTGAGE 
FORECLOSURE SALE

STATE OF ALABAMA
COUNTY OF SHELBY
Default having been made of the terms of the loan documents secured by that certain mortgage executed by Bobbie J Wallace and Joseph Wallace, wife and husband to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for New Day Financial, LLC., its successors and assigns dated January 20, 2023; said mortgage being recorded on January 27, 2023 as Instrument No. 20230127000023040 in the Office of the Judge of Probate of Shelby County, Alabama. Said Mortgage was last sold, assigned and transferred to Freedom Mortgage Corporation by assignment recorded as Instrument No. 20250304000063680 in the Office of the Judge of Probate of Shelby County, Alabama.
The undersigned, Freedom Mortgage Corporation, under and by virtue of the power of sale contained in said mortgage, will sell at public outcry to the highest bidder for cash before the main entrance of the Court House in Shelby C