Appraisal Management Company Sued in Consumer Class Action Complaint

By Peter Christensen A consumer class action complaint has been filed against a lender and its AMC relating to the subject matter of a prior CFPB investigation and settlement. 

Last August, the Consumer Financial Protection Bureau (CFPB) announced that it had taken action against Amerisave Mortgage Corporation, its affiliated AMC Novo Appraisal Management Company, and one of the owners of both companies Patrick

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About Peter Christensen

Peter Christensen
Peter Christensen is the principal attorney of the Christensen Law Firm www.valuationlegal.com. His work focuses on matters concerning valuation (real estate, personal property and business) and related services. He’s the author of Risk Management for Real Estate Appraisers and Appraisal Firms, published by the Appraisal Institute.

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