Bolduc v. Beal Bank, SSB
Court of Appeals for the First Circuit
1Opinion of the Court
BOUDIN, Circuit Judge.
Beal Bank, SSB, a Texas institution, holds second mortgages on two New Hampshire properties owned by Lionel and Maureen Bolduc. Following the Bolducs’ default, Beal Bank commenced foreclosure proceedings against the properties. At the Bolducs’ be hest, the district court granted a preliminary-injunction against Beal Bank barring foreclosure based on an alleged violation of the Equal Credit Opportunity Act, 16 U.S.C. § 1691 et seq. (“ECOA”), and the equitable doctrine of mutual mistake. Beal Bank appeals.
The litigation arose out of two related transactions. The first…
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