Why Are They Suing So Many Appraisers?
The grand scheme of suing appraisers! Who Is Llano Financing Group? Who Is Carrington Capital Management? Why Are They Suing So Many Appraisers? Short Summary Update 8-17-15: Hundreds of appraisers are being sued by two entities that invest in suing appraisers for profit. At this time, the entity filing the most lawsuits against appraisers is Llano Financing Group, and most of the appraisals it is suing over were held by Impac Funding/Impac Mortgage. Impac is expressly assigning its claims and rights to sue appraisers to the investors (according to the court complaints). In the last three months, the investors have sued about 280 appraisers...
