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…

Who are Mutual First, First Mutual Group and Savant Claims Management? Why Are They Suing Appraisers?

Mutual First Cases, 5-1-14 to Present Some appraisers are now being targeted in lawsuits by entities named “Mutual First, LLC” and “First Mutual Group LP.”  So far, they are behind the filing of about 40 lawsuits within the last year. They are not banks, credit unions or any kind of regular financial institutions. They are investment entities aiming to make money Read more…