Monday, April 23, 2012

Less than clear thinking from Texas? Under what facts and circumstances can a mortgage broker be the agent of the mortgage loan wholesaler?

Foreclosure defenders ought to know that Texas has ruled that a mortgage loan wholesaler can be, dependent on the facts and circumstances, the principal of the mortgage loan broker. Tom Kirkendall forgets that agency law is the bedrock of commercial law.

SSRN has in depth treatment.

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