9th Circuit Agrees Res Judicata Bars Man’s Suit Over Assignment Of Loan

Mealey's (November 13, 2019, 12:00 PM EST) -- PASADENA, Calif. — A Ninth Circuit U.S. Court of Appeals panel on Nov. 8 affirmed a federal judge in California’s ruling that a man’s second lawsuit accusing his loan servicer of illegally assigning his mortgage loan to a trust was barred by the doctrine of res judicata because the allegations stemmed from the same transaction or occurrence (Stephen Yagman v. Nationstar Mortgage LLC, No. 18-55693, 9th Cir., 2019 U.S. App. LEXIS 33495)....