Trust Mortg News Today

To print this article, all you need is to be registered or login on Mondaq.com. There has been a recent trend in Texas litigation of borrowers asserting claims or counterclaims against their lenders for breach of fiduciary duty. The first thing that a plaintiff has to establish in such a claim is that the lender actually owed it a fiduciary duty-a serious legal relationship that only arises in certain defined circumstances. So under what circumstances does a lender owe s...