Date: October 16th, 2006

A duty to whom? Part 1, the stimulus

16 October, 2006 (10:17) | Uncategorized |

 

Does a lender have a duty to talk an applicant out of borrowing, or out of choosing a particular financial product?

Fulfill your obligations

Whether or not they do, a lender loses if a borrower defaults. But what about the lender’s agents — such as mortgage originators— who receive up-front fees and […]