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Court reviews application of res judicata, collateral estoppel
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Court Report
Wednesday, March 22, 2017
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A bank and title insurer appealed a decision in Maryland state court where the judge ruled that res judicata and collateral estoppel barred their suit to reform a couple’s mortgage. The couple had defaulted on the loan, but the wife did not sign the deed and promissory note as required because they were tenants by the entireties, despite the fact that the husband was the sole recorded borrower. Read on for more details.
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