Wellfleet homeowner sues bank over allegedly improper mortgage issuance

John Bonomi Jr., a retired attorney, is suing JPMorgan Chase to invalidate a $3.85 million mortgage he took out to buy a large house on a Cape Cod cliff, claiming he was acting under manic psychosis related to bipolar disorder at the time. Bonomi argues that the bank should have known he was not competent to enter the agreement, and he seeks to void the loan, alleging he made impulsive and irrational decisions due to his mental state. The case highlights legal and psychiatric questions about contracts made during episodes of mental illness.

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