Stephen Yagman v. Nationstar Mortgage

U.S. Court of Appeals for the Ninth Circuit
Stephen Yagman v. Nationstar Mortgage, 699 F. App'x 634 (9th Cir. 2017)

Stephen Yagman v. Nationstar Mortgage

Opinion

MEMORANDUM ***

Stephen Yagman appeals the district court’s order dismissing without leave to amend his RICO and state law claims against Nationstar Mortgage, LLC. We review de novo, Johnson v. Fed. Home Loan Mortg. Corp., 793 F.3d 1005, 1007 (9th Cir. 2015) (per curiam), and affirm.

Yagman asserts that Nationstar, his mortgage servicer, had no right to payments on his mortgage loan because the note and deed of trust securing the loan were neither timely nor properly assigned to Nationstar. In dismissing Yagman’s amended complaint, the district court reasoned that Yagman lacked standing to challenge the validity of any defective assignment of his loan or deed of trust.

On appeal, Yagman relies on Yvanova v. New Century Mortgage Corporation, 62 Cal.4th 919, 199 Cal.Rptr.3d 66, 365 P.3d 845 (2016), There, the Supreme Court of California held that a borrower has standing to bring suit if (1) the borrower “suffered a nonjudicial foreclosure,” and (2) the borrower properly alleges that an assignment was void, not merely voidable. Id., 199 Cal.Rptr.3d 66, 365 P.3d at 848; see also id. 199 Cal.Rptr.3d 66, 365 P.3d at 861. Yvanova provides no assistance to Yagman; his property has not been subject to a nonjudicial foreclosure. As we have in the past, we join the majority of courts that have declined to extend Yvanova. See, e.g., Jean-Louis v. J.P. Morgan Chase Bank, N.A., 676 Fed.Appx. 717, 718 (9th Cir. 2017) (mem.); Williams v. Bank of Am., N.A., No. 15-17335, — Fed.Appx. —, —, 2017 WL 2983055, at *1 (9th Cir. July 13, 2017) (mem.); Saterbak v. JPMorgan, 245 Cal.App.4th 808, 199 Cal. Rptr,3d 790, 795-96 (2016), reh’g denied, (Apr.11, 2016), review denied (July 13, 2016). The district court properly dismissed Yagman’s action because Yagman lacks standing to challenge any defective assignment of his loan or deed of trust.

Therefore, the district court did not abuse its discretion by denying Yagman leave to amend because amendment would have been futile. See, e.g., Chinatown Neighborhood Ass’n v. Harris, 794 F.3d 1136, 1144-45 (9th Cir. 2015).

Accordingly, the judgment of the district court dismissing Yagman’s complaint is

AFFIRMED.

***

This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3.

Reference

Full Case Name
Stephen YAGMAN, Plaintiff-Appellant, v. NATIONSTAR MORTGAGE, LLC; Nationstar Mortgage Holdings, Inc.; Nationstar Holdings; Nationstar, LLC; Nationstar Capital Corporation; Brian Thomas Moynihan; Edward Patrick O’Keefe, Defendants-Appellees
Cited By
3 cases
Status
Unpublished