A recent blog post in the appraiserlawblog by Liability Insurance Associates (LIA) details the FDIC's recently filed suit against two large AMCs. As stated in the conclusion, while it may warm the hearts of appraisers to see two AMCs being sued, it probably means negative outcomes for all appraisal related industries as it diminishes the overall perception of the importance of appraiser conducted services in the minds of the courts and public.
To read the full post (recommended), please click link below:
http://www.appraiserlawblog.com/2011/05/fdic-sues-corelogic-over-wamu.html