lender liability

lender liability

An area of the law devoted to various theories of wrongdoing by financial institutions in their relationships with third parties, not just borrowers.

References in periodicals archive ?
He acts as a transactional lawyer on complex debt and equity transactions, and maintains an active practice that includes all types of loan enforcement actions, bankruptcies, joint venture disputes, and lender liability issues.
If it's conducted too late, lack of familiarity with the rule increases the risk that mistakes will be made and that lender liability will increase.
Our firm represents numerous types of complex litigation cases—from lender liability to wrongful death.
Excluding the impact to 2013 results of an unfavourable jury verdict in a lender liability case, which decreased 2013 net income by USD28m, or USD0.
McWhorter currently represents national banks and federal lending institutions in residential and commercial lender liability actions.
The three bills, Senate Bill 198 and House Bills 367 and 368 codify lender liability provisions and clarify what lenders need to do to maintain their liability protection.
Borrowers who file lender liability counterclaims typically assert fault on the part of the lender at various points in the mortgage process: during the initial extension of the credit, during the servicing of the loan, or in the foreclosure process.
FEI is also enhancing its product offerings to include lender liability, general liability and stand-alone excess liability.
credit unions with its fidelity bond and management and professional liability coverages, has seen an increase in both frequency and loss amounts from credit unions involved in lender liability lawsuits.
Linden joins the firm as an executive shareholder and focuses on real estate and title insurance litigation, as well as other complex commercial, class actions, construction and banking litigation, general contract disputes, shareholder and partnership disputes, and lender liability defense.
This clause exposes the commercial appraiser to every bit as much risk as the aforementioned AMC clauses--and does so in the context of special loan servicing, where many borrowers are a breath away from filing lender liability claims to stave off the lender's default remedies.