Tulsa, Oklahoma Consumer Protection Attorney
Banks are regulated by both state and federal law. In some cases, they have a fiduciary or legal obligation to protect and foster the interests of their clients. In underwriting mortgages, banks are expected to use certain accept standards for determining if someone is qualified for a loan. When banks abuse their position in looking out for their customers' interest or when they issue a loan to someone who cannot really afford it, they can be held financially responsible for harm suffered by their customers.
At the Joseph M. Norwood, I hold banks accountable for taking advantage of borrowers, business clients, and consumers. Working with forensic accountants, mortgage experts, and private investigators, I review bank records, account histories, and mortgage applications. I expose negligence on the part of brokers and bank managers that results in financial harm to my client.
Regardless whether your bank mismanaged a trust, money market account, or used bait and switch refinancing terms on your home mortgage, I can help. To schedule a free consultation to discuss your case, contact consumer protection lawyer Joseph M. Norwood today.
Misconduct on the Part of Banks - Determining if You Have a Case
I advise and represent people who have been harmed by bank misconduct in regard to the following issues:
- Breach of fiduciary responsibility
- Mismanagement of trust, money market, or investment funds
- Ponzi / Madoff scheme
- Predatory lending
- Underwriting irregularities in qualifying for a mortgage
Federal Investigations and Bank Misconduct
Banks are required to notify federal authorities when they believe bank fraud may have occurred. They must then cooperate with federal authorities in providing information and documents during an investigation. If at anytime during an investigation a bank discovers that it made a mistake, it must admit as much in order to protect someone wrongly accused of a crime. Should a bank choose not to do so in order to protect itself, it can be held financially liable for any harm suffered by a person or business wrongly accused.
Consumer Protection and Bank Misconduct
Consumers have certain rights. When banks take advantage of their position by misleading borrowers or mismanaging their funds, I can help. If you are unsure whether or not you have a case against a bank, contact consumer protection attorney Joseph M. Norwood today to schedule a free consultation to discuss your case.
