Federal Judge Finds Claims Against Wells Fargo Are Barred By Statute Of Frauds

(October 23, 2015, 12:58 PM EDT) -- GRAND RAPIDS, Mich. — A Michigan federal judge on Oct. 22 found that a borrower's claims for breach of forbearance agreement and wrongful foreclosure were barred by the statute of frauds because no written and signed loan modification agreement existed (Steve Dmytrusz v. Wells Fargo Home Mortgage Company, Inc., No. 1:15-CV-408, W.D. Mich.; 2015 U.S. Dist. LEXIS 143559).

(Opinion available. Document #85-151110-006Z.)

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Steve Dmytrusz sued Wells Fargo Home Mortgage Co. in the Ottawa County Circuit Court, alleging claims for breach of forbearance agreement and unlawful...
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