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GREENWALD v. CHASE MANHATTAN MORTG. CORP.

No. 00-1447.

241 F.3d 76 (2001)

Alan Greenwald, Steven Greenwald, John Powers, d/b/a Greenwald, Greenwald & Powers, Plaintiffs, Appellants, v. Chase Manhattan Mortgage Corporation, Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided March 2, 2001.

Attorney(s) appearing for the Case

Alan Greenwald with whom John D. Powers and Greenwald, Greenwald, Powers & Winsor LLP were on brief pro se.

Gary C. Tepper with whom Arent Fox Kintner Plotkin & Kahn, PLLC was on brief for appellee.

Before Boudin, Circuit Judge, Campbell, Senior Circuit Judge, and Lynch, Circuit Judge.

BOUDIN, Circuit Judge.

This restitution action has its origin in mortgage refinancing loans acquired by defendant-appellee Chase Manhattan Mortgage Corporation ("Chase") from the now-bankrupt Abbey Financial Corporation ("Abbey"). During the early 1990's, Chase regularly purchased mortgage loans on the secondary mortgage market from independent mortgage companies such as Abbey. At the time of the events in this case, Chase had a contractual right to review Abbey loans...

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