How WaMu's Lawsuit Affects Countrywide Financial [View article]
great article.....
But it will just be too hard to prove that Countrywide was pushing for stretched appraisals. I would bet against that being proved. Wamu will get off as well.
It will be easier to prove that they did not review the appraisals closely enough. That would be a form of neglegence.
Pass the word to those who are fighting the good fight that they would be much better off with the neglegence approach.
How WaMu's Lawsuit Affects Countrywide Financial [View article]
But it will just be too hard to prove that Countrywide was pushing for stretched appraisals. I would bet against that being proved. Wamu will get off as well.
It will be easier to prove that they did not review the appraisals closely enough. That would be a form of neglegence.
Pass the word to those who are fighting the good fight that they would be much better off with the neglegence approach.