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Claims Residential Appraisers

Claims

Who Has Been Suing the Most Appraisers? Two Names You Know. Two Names You’ve Probably Never Heard.

Update: Heritage Pacific Financial filed for bankruptcy in January 2014.  For information about a new litigation venture against appraisers by some of its former management, please see this newer post here.These are four of the parties who have been suing the most appraisers in 2011-12.  I suspect most appraisers won’t Read more…

By Peter Christensen, 9 years ago
Claims Residential Appraisers

Ohio Supreme Court Affirms Judgment in Favor of Appraisers on OH Statute of Limitations

Flagstar Bank recently appealed two cases to the Ohio Supreme Court that Flagstar lost against appraisers at the trial court level based on Ohio’s statute of limitations.  Under Ohio law, the statute of limitations for most professional liability actions like those against appraisers is four years from — basically — Read more…

By Peter Christensen, 10 years1 year ago
Claims Residential Appraisers

Jailhouse Appraiser Loses Case and Appeal Against Flagstar Bank

Sometimes a court’s opinion does not need any explanation to put it in context.  I’ve reprinted a recent California Court of Appeal unpublished opinion in full below.  It resolves the appeal of an appraiser who lost a case against Flagstar Bank.  The appraiser filed the lawsuit after being sentenced to Read more…

By Peter Christensen, 10 years ago
Claims

Lender Seeks to Overturn Ohio Statute of Limitations Law Favoring Appraisers

On February 1, 2011, the Ohio Supreme Court will hold oral argument on a lender’s appeal in a case that it lost against an appraiser in the trial court and then lost again in an Ohio court of appeal.  The appeal relates to whether the lender’s claims against the appraiser Read more…

By Peter Christensen, 10 years ago
Recent Posts
  • Appraisal Firms Profit from Non-USPAP Evaluations – Interview on YouTube February 15, 2021
  • California Appraiser Independent Contractor Law – Free Webinar February 13, 2021
  • Alaska Appraiser CE Seminar on March 11, 2021 February 11, 2021
  • New Appraiser CE Seminar: Six Recent Appraiser Lawsuits, February 26, 2021 February 8, 2021
  • Louisiana Appraisers Board Follows Through with Appeal to Supreme Court of Key Ruling in Price-Fixing Case January 30, 2021
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