HOME BUILDING & LOAN ASSOCIATION V. BLAISDELL
290 U.S. 398 (1934)
NATURE OF THE CASE: This is an action challenging the extension of the period of
redemption from a foreclosure and sale of real property.
FACTS: A Minnesota law permitted extensions of the period of redemption from a
foreclosure and the sale of real property under a mortgage. Appellees applied for an order
extending the period of redemption from a foreclosure sale. Appellant objected upon the
ground that the statute was invalid under the federal and state constitutions, and moved
that the petition be dismissed. The motion was granted, and a motion for a new trial was
denied. On appeal, the Supreme Court of the State reversed the decision of the District
Court. Evidence was then taken in the trial court, and appellant renewed its constitutional
objections without avail. The court entered its judgment extending the period of redemption
to May 1, 1935, subject to the condition that the appellees should pay to the appellant $40
a month through the extended period from May 2, 1933.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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