Wed.Mar 10, 2021

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Can Banks be Liable for Processing or Underwriting a Loan that a Borrower Cannot Afford?

Jimerson Firm

14-60975-CV, 2014 WL 11776961, at *9 (S.D. July 11, 2014) (holding “[p]laintiffs’ count for negligent processing of a loan fails as a matter of law, and “[p]laintiffs cannot allege that Wells Fargo had any loan processing duty giving rise to a claim for negligence”); Brake v. 8:10-CV-338-T-33TGW, 2011 WL 6719215, at *11 (M.D.

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