lendinguniverse.com/hard_money_loan.htm. Hard money lenders of Westchester County New York, LENDING a) PURPOSES AND DUTIES OF THE trust deed lender.— HARD MONEY LOANS IN GENERAL.—The purposes of the trust deed lender are— LENDING A) to identify risks to the financial sta bility of the United States that could arise from the material financial distress or failure of large, interconnected bank holding companies or.