Rufus and Delores Stancil v. First Mount Vernon Industrial Loan Association

McLEESE, Associate Judge:

Appellants Rufus and Delores Stancil brought this action against appellee First Mount Vernon Industrial Loan Association ("FMV”). The Stancils initially sought to prevent FMV from foreclosing on a commercial property that the Stancils had purchased. After the trial court declined to prevent a foreclosure sale, the Stancils sought to recover damages, claiming among other things that FMV had made fraudulent misrepresentations and had breached an oral agreement to forbear from foreclosure. The trial court granted FMVs motion to dismiss the amended complaint for failure…