Couple's Claims That Loan Violated Texas Constitution Are Untimely, Judge Rules

Couple's Claims That Loan Violated Texas Constitution Are Untimely, Judge Rules

HOUSTON - A federal judge in Texas on July 18 dismissed with prejudice a couple's lawsuit claiming that Wells Fargo Bank N.A. violated the state's constitution when providing them with a home equity loan in 2007, after finding that the plaintiffs' claims were barred by the four-year statute of limitations (Russell Clay Underwood, et al. v. Wells Fargo Bank N.A., et al., No. 12-3437, S.D. Texas; 2013 U.S. Dist. LEXIS 100326).

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