Banking,
California Supreme Court,
Civil Litigation
Mar. 16, 2022
When duty doesn’t call: Sheen v Wells Fargo Bank
The California Supreme Court has resolved — for now — one of the most hotly contested legal theories upon which borrowers have tended to sue their lenders and servicers: Whether a lender/servicer owes a negligence duty of care to a borrower in the handling of the loan.
The California Supreme Court has resolved -- for now -- one of the most hotly contested legal theories upon which borrowers have tended to sue their lenders and servicers: Whether a lender/servicer owes a negligence duty of care to a borrower in the handling of the loan. Sheen v. Wells Fargo Bank, 2022 DJDAR 2345 (March 7, 2022).
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