Mortgage Banker Fraud

Kennard Neal Friedman

Practice Area: Litigation

Outcome: Recovered $300,000+ of construction funds

Description: Client authorized mortgage broker to disburse construction loan. Broker's misrepresentations, negligence of former employee of lender and client's reliance led to loss of funds deposited by client and lender. Unique example of attorney collaboration and broker and lender's willingness to make client whole.