Judge Allows FDIC's Suit Against Property Appraiser To Proceed

Judge Allows FDIC's Suit Against Property Appraiser To Proceed

TAMPA, Fla. - A federal judge in Florida on Nov. 6 denied a property appraiser's motion for summary judgment in the Federal Deposit Insurance Corp.'s suit alleging that she conducted a negligently prepared appraisal that contained misrepresentations for a since-failed bank, finding that there are genuine issues of material fact regarding the FDIC's standing to bring the suit (Federal Deposit Insurance Corp. v. Diana Pearl, No. 12-1813, M.D. Fla.; 2013 U.S. Dist. LEXIS 159046).

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