Grisham v. Mission Bank

The Mission Bank appeals from the trial court’s judgment in favor of Theresa Gris-ham on her claims of wrongful foreclosure, breach of contract, and unjust enrichment, in which she sought damages following Bank’s foreclosure sale of Grisham’s real property pursuant to a deed of trust. Bank argues that, because Grisham had defaulted under the terms of various loan documents before Bank exercised its right to seek foreclosure, she should not have been allowed to pursue any of her claims. We agree and reverse the judgment below.

Background

Grisham and her former husband owned and operated their…