Who is listed as the borrower on this foreclosure notice?

The borrowers are Michele L. Pfieffer and Sheldon Pfieffer.

Who currently holds the mortgage according to the notice?

The mortgage was assigned to Freedom Mortgage Corporation on June 9, 2022.

What happens if the homeowners do nothing?

The lender can proceed with a foreclosure sale and the homeowners risk losing the property.

Foreclosure — Albert Lea

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

Lender

Affects:HomeownersCreditorsProperty Buyers

A mortgage on property in Freeborn County is in default; the loan originally for $32,980 (May 18, 2017) and later assigned to Freedom Mortgage Corporation faces foreclosure sale. The notice informs interested parties the lender seeks to recover owed debt through sale.

Key Takeaways

Mortgage default on loan originated May 18, 2017
Original principal $32,980.00
Mortgage assigned to Freedom Mortgage Corporation
Property located in Freeborn County (Lot 22, Block 15)

Published: May 14, 2026 · 5 days ago
Category: Foreclosure
City: Albert Lea

Research context

3 foreclosure notices in Albert Lea (last 12 months)

If you don't respond

If no action is taken, the lender may proceed with a foreclosure sale to recover the debt, potentially resulting in loss of the property; specific sale date and redemption details are not provided in this excerpt.

What to do next

1
Contact the lender or servicer
Reach out to Freedom Mortgage Corporation to confirm payoff amount and discuss alternatives to foreclosure.
2
Obtain full foreclosure notice
Get the complete recorded notice (Freeborn County Recorder documents A-527220 and A555319) for sale date and redemption details.
3
Seek legal advice
Consult a Minnesota foreclosure attorney immediately to review options and deadlines.

Frequently asked questions

Who is listed as the borrower on this foreclosure notice?: The borrowers are Michele L. Pfieffer and Sheldon Pfieffer.
Who currently holds the mortgage according to the notice?: The mortgage was assigned to Freedom Mortgage Corporation on June 9, 2022.
What happens if the homeowners do nothing?: The lender can proceed with a foreclosure sale and the homeowners risk losing the property.

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

Mortgagee: The lender or entity that holds the mortgage loan.
Mortgagor: The borrower who granted the mortgage on the property.
Assignment of Mortgage: Transfer of the mortgage holder's rights to another lender or investor.

Full Notice Text

NOTICE OF MORTGAGE FORECLOSURE SALETHE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THETIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.NOTICE IS HEREBY GIVEN: That default has occurred in the conditions of the following described mortgage:DATE OF MORTGAGE: May 18, 2017ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $32,980.00MORTGAGOR(S): Michele L. Pfieffer and Sheldon Pfieffer, wife and husbandMORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for State Farm Bank, F.S.B.DATE AND PLACE OF FILING: Recorded on May 18, 2017 as Document Number A-527220 in the Office of the CountyRecorder of Freeborn County, Minnesota.ASSIGNMENTS OF MORTGAGE: Assigned to: Freedom Mortgage Corporation by assignment recorded on June 9, 2022 asDocument Number A555319 in the Office of the County Recorder of Freeborn County, Minnesota.LEGAL DESCRIPTION OF PROPERTY: Lot 22 in Block 15, Second H