Securitization is the practice of pooling and you will packaging funds to own profit to help you traders The newest Torrey Pines judge awarded a writ off mandate leading brand new down courtroom to deliver the new Bank’s actions to have bottom line view. (Torrey Pines, supra, 216 Cal.App.three dimensional. at the p. 824.) It computed res judicata barred White’s affirmative protections given that “[s]uch affirmative defenses demand the same nucleus regarding surgical situations and you can increase the same legal issues since the the individuals so-called inside the [his] earliest revised criticism however, if number 597676. White’s volunteer dismissal having bias away from his lawsuit however if matter 597676 constituted good retraxit and you may determination toward merits invoking the standards off res judicata barring relitigation ones items once the affirmative defenses in case number N38961.” (Id. from the pp. 819–820.) Brand new Torrey Pines judge informed me, “White’s dismissal having prejudice however if matter 597676 barred various other action of the Light resistant to the Bank in line with the exact same informative foundation so-called in the very first amended problem” and you will held “White’s dismissal that have bias also precluded him off asserting those people the same factors given that https://clickcashadvance.com/ affirmative defenses into Bank’s ailment in case amount N38961.” (Id.