Tash

BACKGROUND

Consistent with the applicable standard of review, we draw our statement of facts from the allegations of plaintiffs’ operative second amended complaint and other matters properly subject to judicial notice. (Stevenson v. Superior Court (1997) 16 Cal.4th 880, 885; Hanouchian v. Steele (2020) 51 Cal.App.5th 99, 103

Statutory references are to the Civil Code, unless otherwise designated.

2 (Hanouchian).) “ ‘[W]e treat as true all material facts properly pleaded, but not contentions, deductions or conclusions of fact or law.’ ” (Hanouchian, at p. 103.) Between late 2018 and early 2019, plaintiffs applied for a loan from BM Real Estate Services, Inc. dba Priority Financial Network (BM Real Estate) to purchase a home in Los Angeles. They worked directly with a loan officer and employee of BM Real Estate named Tzvi Ratner-Stauber. Before preparing the loan documents, Ratner-Stauber met with Raymond Tash to discuss plaintiffs’ application.2 During the meeting, Tash disclosed that, in 2014, he lost a townhome in Oregon to foreclosure and, two weeks later, he filed for personal bankruptcy. Sometime after the meeting, Ratner-Stauber presented Tash with a partially filled…