In a rare occurrence, a New Jersey Court recently enforced the State’s prohibition against frivolous litigation against a plaintiff who sought to sue a home inspector following a failed real estate transaction.
January 2015 Blog Posts
The Network of State Appraiser Organizations has prepared a letter to Melvin L. Watt, Director of the Federal Housing Finance Agency (FHFA), addressing the concerns appraisers they represent have with FNMA's Collateral Underwriter (CU) program. The Organizations' stance is that since the data is originated and collected primarily through appraisal reports it should be made available to appraisers in addition to lenders, mortgage companies, and AMCs. We agree.