Mealey's Banking & Finance - 6th Circuit Affirms Ruling Finding Man Failed To State Claims Over Loan

Mealey's Banking & Finance - 6th Circuit Affirms Ruling Finding Man Failed To State Claims Over Loan

CINCINNATI - A Sixth Circuit U.S. Court of Appeals panel on Feb. 6 upheld the dismissal of a man's lawsuit against his mortgage lender after agreeing with a federal judge in Michigan that his claim for fraud was not pleaded with the required amount of specificity and that he was unable to pursue claims for rescission, reformation and quiet title (Gicu Rautu v. U.S. Bank, N.A., No. 13-1436, 6th Cir.; 2014 U.S. App. LEXIS 2410).

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