Flagstar Bank, FSB v. Mark Walker

OPINION

Opinion by

Justice FitzGerald

This case arises out of the misappropriation of over eight million dollars in loan proceeds designated to fund a series of residential loan transactions. Following a jury trial, the trial court entered a take-nothing judgment against Flagstar Bank, FSB (“Flagstar”) on its negligence claims against Mark Walker (“Walker”), Contemporary Title Solutions (“CTS”) and First American Title Insurance Company (“First American”). On appeal, Flagstar asserts the trial court erred in granting a directed verdict on its fiduciary duty claim, abused its discretion in…