Home Building & Loan Assn. v. Blaisdell

During the Great Depression, Minnesota passed a law extending the redemption period for defaulting mortgagors beyond what their original mortgage contracts specified; the Blaisdells (plaintiffs), who had defaulted and lost their home in foreclosure to Home Building & Loan Association (defendant), sought and received an extension under the law, conditioned on paying $40 monthly during the extension. The Association challenged the law as violating the Contracts Clause, Due Process, and Equal Protection, but the Minnesota Supreme Court upheld it, and the Association appealed.