Thursday, July 8, 2010
By Peter C
The answer is in: it looks like the FDIC will take it to the limit. This answer comes from the lawsuit the FDIC filed on July 2, 2010 in the Central District of California as receiver for failed Indymac Bank.
[A complete and updated version of this article is available to LIA insureds and READI members at readimember.org. READI is the Real Estate Advisors Defense Institute, created by LIA to protect appraisers, advocate on their behalf and provide straightforward information about the legal issues that affect them. You can read more about READI at readimember.org.]
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