U.S. Bank, N.A. v. Richard Jewett

Summary

The Maine Supreme Judicial Court affirmed the district court’s dismissal without prejudice of U.S. Bank’s foreclosure action, holding that the trial court was authorized to dismiss rather than enter a judgment for the mortgagors and that such dismissal precludes any future claim for the unaccelerated balance under the doctrine of claim preclusion. The court applied de novo review, relying on statutory notice requirements and Finch v. U.S. Bank. The opinion notes the court may impose sanctions in appropriate cases.