Judge:  Borrowers’ Fraud Claims Barred By Florida Banking Statute Of Frauds

Mealey's (November 18, 2021, 12:25 PM EST) -- TAMPA, Fla. — A federal judge in Florida on Nov. 15 dismissed fraud claims brought by borrowers in three lawsuits against mortgage servicer Bank of America NA (BOA) over its alleged mishandling of their requests for loan modification under the Home Affordable Modification Program (HAMP), ruling that the claims are barred by Florida’s Banking Statute of Frauds....