Wells Fargo Had No Duty To Disclose Error In Denial Of Loan Modification

(November 23, 2022, 11:53 AM EST) -- CINCINNATI — A Sixth Circuit U.S. Court of Appeals panel affirmed a federal district court’s dismissal of claims brought by borrowers who were improperly denied a loan modification by Wells Fargo Bank NA and had their home foreclosed as a result, ruling that while the lower court found that the borrowers’ claims failed because they failed to sufficiently plead causation, the panel ruled that the claims failed because the borrowers failed to plead the existence of a duty to disclose the error on the part of Wells Fargo....