Legal Question in Banking Law in California

Re: Savings & Loan lack of diligence ? Relief ?

Perhaps. But what relief are you seeking? That is going to dictate how to proceed. The biggest hurdle mother faces is that she signed the promissory note. Let's play devil's advocate here: Why would she sign a promissory note if she didn't want to take out the loan? Regardless of the application shenanigans, and the forged sigs on the escrow docs, mother did sign the promissory note itself. She will have a tough time trying to back out of it.

Is mother seeking to rescind? Probably not likely, as she willingly signed the promissory note.

Is mother seeking recovery of proceeds that went to other persons (via escrow)? In other words, did daughter or anyone else benefit as a result of daughter's forgeries and fraud? If so, then perhaps a lawsuit against daughter will be in order.

Is mother upset with the lender? No need to be, really. After all, she signed the promissory note. Presumably, she was aware of the terms of the note. And if she was not, the law is of no help for her, because the law presumes signatories have read and understand the documents that they sign.

I will need additional facts to fully analyze your situation. You should find yourself a decent civil litigator to provide advice to mother. We are real property litigators with extensive experience dealing with litigating issues arising out of fraudulent transactions. If your mother needs to consult with us, please call or email.

Good luck.

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