Borrowers’ Claims In Mortgage Loan Dispute Insufficient, 5th Circuit Panel Rules

Mealey's (December 16, 2020, 1:43 PM EST) -- NEW ORLEANS — A federal district court did not err in dismissing borrowers’ claims against their lender, mortgage loan servicer and title insurer for failure to state a claim for relief because the borrowers failed to sufficiently show that any of their 14 claims for relief were plausible on their face, a Fifth Circuit U.S. Court of Appeals panel ruled Dec. 14 in a per curiam opinion (Cline Strickland, et al. v. Bank of New York Mellon, et al., No. 20-10124, 5th Cir., 2020 U.S. App. LEXIS 39067)....