Judge Finds Class's Claim Over Inflated Appraisal Scheme Timely

SAN JOSE, Calif. - A federal judge in California on April 23 denied First American eAppraiseIT LLC's (EA) motion for judgment on the pleadings in a class action suit brought under the Real Estate Settlement Procedures Act (RESPA), finding that the class members' claim was timely because they were not aware of an agreement between the appraiser and Washington Mutual Bank FSB until November 2007, when the New York attorney general released the results of an investigation into the parties (Felton A. Spears, et al. v. First American eAppraiseIT, a/k/a eAppraiseIT LLC, et al., No. 08-CV-00868-RMW, N.D. Calif.; 2013 U.S. Dist. LEXIS 58292).

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