Apex Mortgage Services Case Summary

251 Words1 Page

16-9. Sutton is ethically responsible for his own predicaments. This is because he knew what he was getting himself into when he decided to change his type of mortgage plan. Sutton decided cannot later claim that he did not understand the terms and conditions of the agreement. Sutton had the full length duty of reading the agreement. This is because he is the one who stood to gain or lose from the contents of the agreement. Apex Mortgage Services would only be liable if they knowingly led Sutton to signing the agreement knowing that he would pay more than he was paying. What is known as fraudulent misrepresentation. The lender had responsibility to inspect the activities of the broker. This is because the broker is under the lender and the

Open Document