Appraisers Lose Suit Against Wells
Appraisers hoping to recoup some of the revenue lost from being blacklisted by Wells Fargo lost their court battle. Several appraisers said they were denied assignments from Wells after refusing to alter appraisal documentation that would improve values for the lending giant.
The judge said their denial from Wells did not "significantly" decrease the revenue they could earn in their field. Looks as if they may have slanted the lawsuit the wrong way. What do you think?
Here is a great article detailing the case that was reprinted on Appraisal Scoop from Valuation Review.