Who is listed as the borrower on this foreclosure notice?

The notice names Terry U. Reichelt as the mortgagor (borrower).

Which company currently holds or services the mortgage?

The mortgage was assigned to NewRez LLC and is serviced by Shellpoint Mortgage Servicing.

Can the borrower request verification of the debt?

Yes; the notice explicitly preserves the borrower's right to request verification of the debt and original creditor.

Foreclosure — Roseau

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

Lender

Affects:HomeownersProperty BuyersCreditors

This notice starts a mortgage foreclosure sale for property in Roseau County after borrower Terry U. Reichelt defaulted on a mortgage originally held by NewRez LLC (via MERS). A sale may be scheduled if the default isn't cured.

Key Takeaways

Mortgage default has occurred for Terry U. Reichelt
Mortgage assigned to NewRez LLC and serviced by Shellpoint
Foreclosure sale proceeding is being initiated
Right to request debt verification is preserved

Published: May 16, 2026 · 3 days ago
Category: Foreclosure
City: Roseau

Research context

5 foreclosure notices in Roseau (last 12 months)

If you don't respond

If the borrower does not cure the default or redeem the loan by the foreclosure deadlines set in the full notice, the property can be sold at public foreclosure sale and ownership transferred to the buyer.

What to do next

1
Review the full foreclosure notice
Obtain the complete recorded notice from the Roseau County Recorder to see sale date, payoff amount, and cure deadline.
2
Contact the mortgage servicer
Call Shellpoint Mortgage Servicing promptly to discuss cure options, reinstatement figures, or loss mitigation.
3
Consider legal advice
Consult a Minnesota foreclosure attorney immediately to explore redemption rights or defenses before the sale date.

Frequently asked questions

Who is listed as the borrower on this foreclosure notice?: The notice names Terry U. Reichelt as the mortgagor (borrower).
Which company currently holds or services the mortgage?: The mortgage was assigned to NewRez LLC and is serviced by Shellpoint Mortgage Servicing.
Can the borrower request verification of the debt?: Yes; the notice explicitly preserves the borrower's right to request verification of the debt and original creditor.

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 as security for the loan.
mortgagor: The borrower who granted the mortgage on the property.
assigned: When the mortgage's rights are transferred from one lender to another.
mortgage servicer: The company that handles loan payments and foreclosure actions for the lender.

Full Notice Text

NOTICE OF MORTGAGEFORECLOSURE SALETHE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OFTHE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAWIS NOT AFFECTED BY THIS ACTION.NOTICE IS HEREBY GIVEN that default has occurred in the conditionsof the following described mortgage:Mortgagor: Terry U Reichelt an unmarried personMortgagee: Mortgage Electronic Registration Systems Inc asmortgagee as nominee for NEWREZ LLC itssuccessors and assignsDated: FebruaryRecorded: FebruaryRoseau County Recorder Document NoAssigned To: Newrez LLCDated: JanuaryRecorded: JanuaryRoseau County Recorder Document NoTransaction Agent: Mortgage Electronic Registration Systems IncTransaction Agent Mortgage Identification Number:Lender or Broker: NEWREZ LLCResidential Mortgage Servicer: Shellpoint Mortgage ServicingMortgage Originator: NEWREZ LLCLEGAL DESCRIPTION OF PROPERTY: A TRAC