Kazarian v. Shawmut Bank, N.A.

The plaintiff-mortgagor, Elizabeth Kazarian (Kazarian), commenced this action against the defendant, Shawmut Bank, N.A (Shawmut), alleging wrongful acts relating to a threatened foreclosure of her property. Kazarian’s claims allege a breach of the common-law duties of good faith and reasonable diligence in the inchoate foreclosure sale of Kazarian’s property. For the following reasons, Shawmut’s motion for summary judgment is ALLOWED and Shawmut’s motion for costs and attorneys fees is DENIED.

BACKGROUND

On or about May 27, 1988, Shawmut entered into a $200,000.00 loan transaction with…