Lender claims
Can a Borrower Sue a Lender for Failing to Report USPAP Violations to a State Appraiser Board?
A federal court says the answer is “yes” in a decision reached earlier this month. In the case, two residential mortgage borrowers are suing Tennessee Valley Federal Credit Union (“TVFCU”), as well as an appraisal firm and its two appraisers. The case involves a “recycled” appraisal of a home in Read more…