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Real Estate

Lenders’ Loan Approvals Were Not ‘Fraud’ (access required)

An Abingdon U.S. District Court dismisses plaintiff borrowers’ fraud and misrepresentation claims alleging the loan officers for defendant lender repeatedly represented that the borrowers’ income qualified them for multiple home refinancing loans; plaintiffs have failed to allege the content of ...

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Fraud Claim Barred by Res Judicata (access required)

A Charlottesville U.S. District Court grants summary judgment to defendant bank in plaintiff’s fraud and misrepresentation action against the bank; plaintiff’s claims are barred by res judicata and, alternatively, by Va. Code § 8.01-243’s two-year statute of limitations for fraud-based ...

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