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A semi-fiduciary lender is a financial institution that operates with a fiduciary duty to its borrowers, meaning it has an obligation to act in the best interests of the client while still pursuing its own profit motives. Unlike a full fiduciary, which must prioritize the client's interests above all, a semi-fiduciary lender balances this duty with its own business objectives. This model often applies to situations where the lender provides advice or services that affect the borrower's financial decisions, such as in certain mortgage or investment scenarios. The lender must maintain transparency and ethical standards to fulfill its semi-fiduciary responsibilities.

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6mo ago

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You need to ask the lender. Every lender has its own practices and procedures.You need to ask the lender. Every lender has its own practices and procedures.You need to ask the lender. Every lender has its own practices and procedures.You need to ask the lender. Every lender has its own practices and procedures.


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What is the homophone for lender?

The homophone for lender is "lend her."


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