Appraisal Management Companies are the new kid on the block in terms of litigation involving foreclosures; however, I am guessing that they will quickly ascend to the veteran ranks alongside servicers and lenders. On September 21, 2011, TCF National Bank filed a complaint in federal court in Minnesota against Market Intelligence, Inc. TCF also sued LSI Appraisal, LLC, Lender Processing Services, Inc. and Fidelity National [more...]
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