Panel Affirms Dismissal Of UCL, Negligence, IIED Claims In Loan Modification Suit

Mealey's (August 13, 2019, 2:03 PM EDT) -- LOS ANGELES — A California appeals panel on Aug. 5 affirmed a lower court’s dismissal of a homeowner’s negligence, intentional inflection of emotional distress and unfair competition law claims against his lender, finding that the lender did not owe the borrower a duty in tort during his mortgage modification negotiations (Kwang K. Sheen v. Wells Fargo Bank, N.A., No. B289003, Calif. App., 2nd Dist., Div. 8, 2019 Cal. App. LEXIS 714)....