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Statute Of Frauds Bars Estoppel, Misrepresentation Claims, Judge Rules

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HOUSTON - A federal judge in Texas on March 30 awarded summary judgment to Wells Fargo Bank N.A. and the Federal Home Loan Mortgage Corp. (Freddie Mac) after finding that the statute of frauds barred a couple's claims that Wells Fargo wrongfully foreclosed on their home because they were told by a representative that the foreclosure sale was postponed (Janeiro Roberts, et al. v. Federal Home Loan Corporation, et al., No. H-11-3304, S.D. Texas; 2013 U.S. Dist. LEXIS 46530)....(read more)

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