Mortgage Broker Mistakes That Lead To Litigation

Inadequate or Non-existent Suitability Assessments  The key question every litigator will ask as is, “was this mortgage appropriate for this borrower at the time it was arranged”? A good Mortgage Broker would have clearly answered this question in the affirmative and documented it in the mortgage file. In my experience, most Mortgage Brokers and Mortgage Agents fail to document their assessments and some fail to even consider if the mortgage they arranged was suitable for the bo...
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