Class Cert. Granted In BofA, Countrywide Appraisal Suit

Law360 (February 8, 2018, 9:37 PM EST) -- A California federal judge has certified a nationwide class of borrowers accusing Countrywide Financial Corp. of using inflated real estate appraisals to juice its loan origination business during the mid-2000s, turning back arguments from the company and its successor Bank of America that the borrowers won’t be able to back up their racketeering claims with common proof.

The class certified by U.S. District Judge Christina A. Snyder on Tuesday covers borrowers who received an appraisal from LandSafe Inc. between 2003 and the end of 2008 in...
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Case Title

Barbara Waldrup v. Countrywide Financial Corporation et al


Case Number

2:13-cv-08833

Court

California Central

Nature of Suit

Racketeer/Corrupt Organization

Judge

Christina A. Snyder

Date Filed

November 27, 2013


Case Title

Elizabeth Williams et al v. Countrywide Financial Corporation et al


Case Number

2:16-cv-04166

Court

California Central

Nature of Suit

Racketeer/Corrupt Organization

Judge

Christina A. Snyder

Date Filed

June 10, 2016

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