Arthur Laurence Foy and Larissa Blitz v. U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al.

CourtDistrict Court, D. New Hampshire
DecidedMarch 4, 2026
Docket1:24-cv-00295
StatusUnknown

This text of Arthur Laurence Foy and Larissa Blitz v. U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al. (Arthur Laurence Foy and Larissa Blitz v. U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al.) is published on Counsel Stack Legal Research, covering District Court, D. New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Arthur Laurence Foy and Larissa Blitz v. U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al., (D.N.H. 2026).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW HAMPSHIRE

Arthur Laurence Foy and Larissa Blitz

v. Case No. 1:24-cv-295-PB-TSM Opinion No. 2026 DNH 018 U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al.

MEMORANDUM AND ORDER

Arthur Foy and his domestic partner, Larissa Blitz, currently reside in a home they lost to foreclosure. Doc. 1-1 at 6-8. They have sued U.S. Bank National Association (“U.S. Bank”) in its capacity as trustee for the trust that owns the property. Id. at 6. Plaintiffs argue that U.S. Bank breached an agreement to allow the plaintiffs to repurchase the property. Id. at 14. U.S. Bank has responded with a motion for summary judgment arguing that the plaintiffs cannot prove their breach of contract claim. Doc. 8. I. BACKGROUND Foy purchased the home that is the subject of this litigation on December 23, 1996. Doc. 4 at 3. On July 31, 2006, he transferred title to the home to Blitz, who finalized the transfer with a mortgage from WMC Mortgage Corporation. Id. The mortgage was later modified and assigned to the trust that U.S. Bank oversees. Id. On May 31, 2019, U.S. Bank foreclosed on the property. Id. The same day, Foy submitted the winning bid at the foreclosure auction and signed a

“Foreclosure Auction Agreement” with U.S. Bank to repurchase the property for $451,000. Id.; see also Doc. 13-5. The agreement required Foy to make a $5,000 deposit and specified a closing date of July 1, 2019, which the parties later agreed to extend to September 1, 2019. Doc. 13-5; Doc. 13-1 at 1. Foy

failed to tender the balance of the purchase price, however, and on October 16, 2019, U.S. Bank took title to the property. Doc. 13-1 at 2. U.S. Bank filed an eviction action against Foy and Blitz on March 6, 2020. Doc. 10-5 at 2. The plaintiffs responded by filing a Plea of Title in state

superior court challenging U.S. Bank’s authority to pursue an eviction claim. Doc. 10-6 at 10. U.S. Bank removed that action to federal court. Id. at 2-4. The parties later resolved the eviction proceeding and the Plea of Title by entering into a “Confidential Settlement Agreement and Release of Claims”

(“Settlement Agreement”). Doc. 13-8. Foy and Blitz agreed in the Settlement Agreement to repurchase their home for $470,000. Id. at 3. The agreement called for payment in two sums: an initial deposit of $51,000 with the balance due on or before April 23, 2021.

Id. It also specified that Foy and Blitz must agree to dismiss their Plea of Title with prejudice and execute an Agreement for the Entry of Judgment in the eviction proceeding that would be held in escrow and returned when the second payment was made. Id. at 3-4. The parties later agreed to extend the deadline for the second payment until July 9, 2021. Id. at 12. Foy and Blitz

made the $51,000 initial payment but the agreement lapsed because plaintiffs failed to make the second payment by the July deadline. Doc. 10 at 4. On October 26, 2022, plaintiffs’ counsel sent U.S. Bank’s counsel a proposal to modify the Foreclosure Auction Agreement by increasing the purchase

price for the property to $491,000, with no credit for the $56,000 in payments that the plaintiffs had made pursuant to the original Foreclosure Auction Agreement and the Settlement Agreement. Doc. 11-10 at 9. On November 1, 2022, U.S. Bank’s counsel responded to the plaintiffs’ proposal with an email

stating: I forwarded your correspondence and proposal to my client, the servicer for U.S. Bank, N.A., and received the following response. They are apparently willing to entertain a purchase of the property providing that certain conditions are met, as follows:

The occupant's request is denied. We are unable to update the [Foreclosure Auction Agreement] because the deed has been recorded

If Arthur Foy wants to submit a purchase offer for $451,000, we can send it to our client for review after we receive/meet the following requirements:

1) Purchase contract (received in attached email)

2) Proof of funds (Bank statement/financing approval)

3) Occupant allows access for 2 interior values Please let me know if this is a possibility for your clients.

Doc. 11-11 at 2. Plaintiffs’ counsel responded on November 11, 2022, by forwarding a draft Purchase and Sale Agreement for U.S. Bank’s “review, acceptance and signature.” Id. The draft Purchase and Sale Agreement was signed by Foy but never signed by U.S. Bank. Doc. 13-15 at 9. The plaintiffs’ assert two claims for relief. Count I asserts that

U.S. Bank has breached both the Settlement Agreement and a second contract between the plaintiffs and U.S. Bank that was purportedly formed when plaintiffs’ counsel submitted the November 11, 2022 draft Purchase and Sale Agreement in response to U.S. Bank’s counsel’s

November 1, 2022 email. Doc. 1-1 at 14. Count II seeks an injunction barring U.S. Bank from selling the property until the court resolves Count 1. Id. at 16. II. STANDARD OF REVIEW

Summary judgment is appropriate when the record reveals “no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law.” Fed. R. Civ. P. 56(a); Tang v. Citizens Bank, N.A., 821 F.3d 206, 215 (1st Cir. 2016). In this context, a “material fact” is one that has the

“potential to affect the outcome of the suit.” Cherkaoui v. City of Quincy, 877 F.3d 14, 23 (1st Cir. 2017) (quoting Sánchez v. Alvarado, 101 F.3d 223, 227 (1st Cir. 1996)). A “genuine dispute” exists if a factfinder could resolve the

disputed fact in the nonmovant’s favor. Ellis v. Fid. Mgmt. Tr. Co., 883 F.3d 1, 7 (1st Cir. 2018). The movant bears the initial burden of presenting evidence that “it believes demonstrate the absence of a genuine issue of material fact.” Celotex

Corp. v. Catrett, 477 U.S. 317, 323 (1986); accord Irobe v. U.S. Dep’t of Agric., 890 F.3d 371, 377 (1st Cir. 2018). Once the movant has properly presented such evidence, the burden shifts to the nonmovant to designate “specific facts showing that there is a genuine issue for trial,” Celotex, 477 U.S. at 324

(citation modified), and to “demonstrate that a trier of fact could reasonably resolve that issue in [its] favor.” Irobe, 890 F.3d at 377 (quoting Borges ex rel. S.M.B.W. v. Serrano-Isern, 605 F.3d 1, 5 (1st Cir. 2010)). If the nonmovant fails to adduce such evidence on which a reasonable factfinder could base a

favorable verdict, the motion must be granted. Celotex, 477 U.S. at 324. In considering the evidence, the court must draw all reasonable inferences in the nonmoving party’s favor. Theriault v. Genesis HealthCare LLC, 890 F.3d 342, 348 (1st Cir. 2018).

III. ANALYSIS Plaintiffs base their breach of contract claim on two distinct theories. First, they argue that U.S. Bank breached the Settlement Agreement by failing to sell them the property for $470,000. Doc. 1-1 at 15. In the alternative, they argue that the November 2022 correspondence gave rise to a

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Arthur Laurence Foy and Larissa Blitz v. U.S. Bank National Association, As Trustee For MASTR Asset Backed Securities Trust 2006-WMC4, et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/arthur-laurence-foy-and-larissa-blitz-v-us-bank-national-association-as-nhd-2026.