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Blaisdell was important not only because it upheld a critical state law passed during the great depression but also because it revealed the sharp divisions on the.
Metal building design. 1933 decided 8 june 1934 by vote of 5 to 4. Home building loan association v. Blaisdell owned a house and a parcel of land in hennepin county minnesota for which the home building loan association held the mortgage.
Supreme court home building loan assn. Supreme court of the united states. 398 1934 was a decision of the united states supreme court holding that minnesotas suspension of creditors remedies was not in violation of the united states constitution.
When the blaisdells defaulted on their loan payments the mortgage lender prepared to foreclose on their home. The courts decision in home building and loan association v. Blaisdell was decided during the height of the great depression and has been criticized by modern.
398 1934 home building loan assn. 398 1934 was a decision of the united states supreme court holding that minnesotas suspension of creditors remedies was not in violation of the united states constitution. Hughes for the court sutherland butler mcreynolds and van devanter in dissent.
The constitutionality of the law was brought into question. Home building loan association v. Home building loan association v.
As an emergency measure during the great depression minnesota passed a law that modified lenders contractual rights of foreclosure with their debtors.
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