Postponed, new date will be rescheduled when COVID-19 matters settle down. Another free webinar for California and Washington appraisers is coming from the Christensen Law Firm. This one is “Engagement Agreements for Litigation Assignments, Just for California and Washington Appraisers.” It’s part 2 of my series on creating great engagement agreements. Participants Read more…
Believe it or not, cases are still being litigated in relation to events during the mortgage meltdown years. After nearly seven years of litigation, a settlement has been reached in the borrower class action filed in 2013 regarding appraisals managed by defendant LandSafe Appraisal Services between January 1, 2003 and Read more…
according to the court, Sharestates filed its lawsuit against the appraisers about 5 months too late, after expiration of New York’s appraiser-friendly 3-year statute of limitations.
It’s been now been a decade since the market relevance of appraisal management companies surged in connection with the procuring of appraisals for residential lending. Since then, interesting recurring legal issues have arisen relating to AMCs’ potential liability for the work of contractor appraisers: when and how may AMCs be Read more…