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Appraisal Management Cases: These cases are representative of common types of liability cases involving AMCs.
 
Loughlin v. Amerisave Mortgage and Novo Appraisal Management (Georgia 2014)
Class action complaint on behalf of alleged class of borrowers alleging RESPA "kickback" claim for allegedly failing to disclose affiliated business arrangement between lender and AMC.
 
Wornicki v. BrokerPriceOpinion.com, First Valuation, LLC, et al. (Colorado 2013)
Class action complaint on behalf of an alleged class of agents for allegedly unpaid BPO fees.
 

Collective action overtime cases against an AMC by "appraisal managers," "valuation managers" and "reconciliation coordinators."
Menkal v. Integrated Asset Services, FLSA Complaint, Appraisal Managers, 8-31-12.pdf
Goldbaum v. Integrated Asset Services, FLSA Complaint, Valuation Managers, 7-2-12.pdf
Roybal v. Integrated Asset Services, FLSA Overtime Complaint by Reconciliation Coordinators, 9-7-12.pdf

Evaluation Solutions, LLC, Chapter 7 Bankruptcy Petition (Filed 1-25-13)
Evaluation Solutions, LLC and its subsidiary ES Appraisal Services filed for bankruptcy liquidation on January 25, 2013 in Florida.  The bankruptcy petitions of each company identify unpaid debts to appraisers and real estate agents/brokers of $9,349,612.97 (owed by Evaluation Solutions) and $1,698,799.00 (owed by ES Appraisal Services).  The lists of unpaid vendors are included as schedules to each petition.  For a full article about the bankruptcy, read Evaluation Solutions: The Anatomy of an AMC's Failure.
Evaluation Solutions BK Petition, 1-25-13 (Part 1 of 2).pdf
Evaluation Solutions BK Petition, 1-25-13 (Part 2 of 2).pdf
ES Appraisal Services BK Petition, 1-25-13.pdf

 

ProValue, Inc. v. JP Morgan Chase Bank, Class Action for Unpaid Appraisal Fees (Filed 5-23-13)
Class action complaint to collect unpaid appraisal fees owed to appraisers by JP Morgan Chase Bank as the result of financial failure of Evaluation Solutions, LLC and its subsidiary ES Appraisal Services.

ProValue v. JPMorgan Chase, Class Action Complaint, 5-23-13 (Watermarked).pdf


Alig, et al. v. Quicken Loans, Title Source, et al. (West Virginia 2012)
Borrower class action against lender, AMC and an alleged class of defendant appraisers.  For a full article about the class action, read
Class Action Nightmare for an AMC and Its Panel Appraisers.
Alig, et al. v. Quicken, TSI, Guida, et al., First Amended State Court Complaint.pdf

Federal Deposit Insurance Corporation v. LSI Appraisal (California 2011)
FDIC receivership action against national AMC.
FDIC -- WaMu v. LSI, Complaint (22R).pdf