SMITH v. HOME LOAN FUNDING, INC.

No. B219372.

192 Cal.App.4th 1331 (2011)

TONYA SMITH, Plaintiff and Respondent, v. HOME LOAN FUNDING, INC., et al., Defendants and Appellants.

Court of Appeals of California, Second District, Division Six.

February 24, 2011.


Attorney(s) appearing for the Case

Horvitz & Levy, Bradley S. Pauley , James A. Sonne , Wolfe & Wyman and Stuart B. Wolfe for Defendants and Appellants.

Law Office of Jeff A. Mann and Jeff A. Mann for Plaintiff and Respondent.


OPINION

GILBERT, J.

The mortgage lender who also acts as a mortgage broker must keep in mind the differences between the two when speaking to a prospective client. A mortgage broker has a fiduciary duty to a borrower. A mortgage lender does not. This case teaches that a mortgage lender should take care not to convey to a prospective client that it is acting as a broker when in fact it is acting as a lender.

A mortgage broker...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases