Impac Mass Litigation Against Appraisers Update: Llano Loses in New Jersey, Savant Loses in Florida, and an Appraiser Sues Llano Back in Nevada (12/18/15)

Updated 12/29/15 Here’s a summary of activity in the last several weeks: (1) Impac/Llano lost a case against an appraiser in New Jersey, (2) Savant’s legal counsel is seeking to withdraw from a case in Florida just weeks before trial (as well seeking to withdraw from up to 10 other cases for Read more…

Impac – Savant – Llano Mass Litigation Against Appraisers: Lead Attorney in Nevada Seeks to Withdraw from Cases

Last month, I wrote that Impac/Savant/First Mutual/Llano looked like they were starting to have problems with the attorneys representing them in their mass litigation against appraisers.  New signs of such division are appearing. Some of the attorneys and law firms filing the cases seem to have been led into taking the Read more…

Who Is Llano Financing Group? Who Is Carrington Capital Management? Why Are They Suing So Many Appraisers?

First Round.  Last fall on this blog and also in the Appraisal Institute’s Valuation magazine, I wrote about several entities involved in purchasing foreclosed debt from lenders (or just purchasing legal claims relating to the debt) and then filing lawsuits against appraisers asserting professional liability claims.  Those investment entities were Read more…