Frappier v. Countrywide Home Loans, Inc.

Plaintiff purchased property with a mortgage from Countrywide Home Loans, Inc. In October 2006, Plaintiff took out a loan from Countrywide to cure his breach of a divorce agreement. In December 2006, Plaintiff took out a home equity loan from Countrywide. Because Plaintiff was not able to make payments on his October 2006 loan, Countrywide foreclosed on his property. In May 2009, Plaintiff filed a complaint alleging claims of unjust enrichment, rescission/equitable relief, breach of the implied covenant of good faith and fair dealing, violations of Mass. Gen. Laws ch. 93A, and negligence. Countrywide removed the case to federal court. The district court resolved certain claims as a matter of law and, after a bench trial on the remaining claims, entered judgment in favor of Countrywide. The First Circuit Court of Appeals affirmed, holding that no grounds exited for reversing any of the district court’s decisions. View "Frappier v. Countrywide Home Loans, Inc." on Justia Law