Federal National Mortgage Association v. Ron Carbo

Summary

The Mississippi Supreme Court affirmed the denial of Federal National Mortgage Association’s motion to substitute the property’s current owner as plaintiff and affirmed dismissal of the eviction and back-rent action. The court held that the lawsuit did not transfer with the property, the substitution motion was discretionary and untimely, and the Association’s claims were barred by a prior dismissal with prejudice. The court further held that the current owner was not a required party and could pursue its own claims.