5th Circuit: Magistrate Lacked Jurisdiction To Issue Foreclosure Suit Judgment

(March 5, 2021, 1:59 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on March 2 vacated and remanded a federal magistrate judge’s entry of a final judgment in a foreclosure and declaratory judgment action stemming from a borrower’s default on a home equity loan, finding that the magistrate judge lacked jurisdiction because a loan servicer did not grant express consent for the magistrate judge to conduct proceedings and issue the decision....

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