Does a lender have a duty to ensure that the borrower has a good faith in the borrower's financial well-being?
MultiRegion, United States of America
The following excerpt is from Taheny v. Bank, NO. CIV. S-10-2123 LKK/EFB (E.D. Cal. 2010):
the appraisal. Id. at 1096; see also Wagner v. Benson, 101 Cal. App. 3d 27, 36 (1980) (a lender has no duty to ensure that a borrower will use borrowed money wisely).
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