Search for: "Landsafe"
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24 Mar, 2008 5:18 am
... "value" by the changed pricing schedule, it could not constitute a forbidden kickback unless Countrywide promised Landsafe that it would
receive business in return. Id. As plaintiffs conceded that this was not the case, the district court did not err in ... , the district court found that "(1) all of the money
Countrywide charged from the credit reports was paid over to Landsafe; and (2) the increase in price was related to services actually performed
for the locked in customers." Id. The Eleventh ...
28 Apr 3:02 pm
... : Countrywide - claims homeowners unknowingly pay inflated fees for appraisal work through Countrywide and appraisal partner Landsafe.
Wells Fargo - claims homeowners unknowingly pay inflated fees for appraisal work through Wells Fargo and appraisal company ... Home and Countrywide - We're investigating claims that KB
Home had agreements with Countrywide Mortgage and its appraiser, Landsafe, to inflate the appraised value of KB homes to meet contract prices.
We believe some homeowners may have paid ...
18 Jun 9:52 am
... appraisal service? If you read our lawsuits against home-building giant KB Home, Countrywide Mortgage and its appraisal subsidiary LandSafe, you will see that consumers - homebuyers - suffer. For the past several months our firm's kept a close eye on KB Home, ... to collapse in 2006. This
is the second lawsuit involving KB Home and the fourth naming Countrywide and LandSafe. In the past two years, we've all learned a great deal
about the distance both individuals and corporations are willing to go ...
20 Oct, 2008 3:27 am
... appeared on "the list." The claim stated that any appraisal submitted to Countrywide from a blacklisted appraiser was automatically sent to LandSafe, who can render an appraisal "unusable" if it doesn't fall within Countrywide's guidelines. The claim called LandSafe a "captive puppet" of Countrywide, enabling their unethical business practices. And according to the complaint, Countrywide has been using the
blacklist practice for more than four years. The ...
8 May 8:21 am
... on home sales in the two states since 2006, alleging Los Angeles-based KB Home steered home buyers to Countrywide, which then steered them to LandSafe Appraisal Services, a wholly owned subsidiary of Countrywide. LandSafe then used appraisers who would
arrive at inflated values by selecting properties that weren't comparable, relying on pending sales instead of completed sales, and using false statements about the housing markets in
Arizona and ...
18 May 6:33 am
... proposed class-action lawsuit alleges that the companies conspired to inflate home values with a third company, LandSafe Appraisal
Services, a wholly owned subsidiary of Countrywide. The claim was filed by homeowners in Arizona federal court but includes allegations about homes sold in Nevada as well. According to
the newspaper, the lawsuit alleges that LandSafe employed appraisers who were willing to inflate the values of homes to Countrywide's
specifications. The appraisers would compare ...
4 Feb 12:50 am
... Sobol Shapiro filed its second class action for alleged home appraisal rigging with a new federal suit against Wells Fargo & Co. and its appraisal subsidiary. The case is
similar to a purported class action against Countrywide and its appraisal subsidiary LandSafe Inc. filed in federal court in Washington state
on Jan. 12. " WEB-ONLY | DOL crack-down on federal contractors to continue in '09 "Federal contractors can expect to face more scrutiny from the federal government this year - and ...
3 Feb 11:29 am
... complaint, a co-defendant is listed. The Wells Fargo lawsuit names Valuation Information Technology LLC, also called Rels Valuation, the bank's designated appraisal management
company. Likewise, Countrywide's appraisal management company, LandSafe, is a co-defendant in the Seattle lawsuit. An appraisal management
company arranges with third-party appraisal firms to appraise each property involved in a new or refinanced mortgage loan. The lawsuits claim those companies drove down the price of ...
20 Jan 1:10 pm
... t think this practice ends with Countrywide. In addition to our lawsuits against Countrywide, we're also investigating Wells Fargo and Rels Valuation for the same deceptive
practice. If you purchased or refinanced your home through Countrywide and LandSafe recently, you can join the suit. Or if you want to learn
more about our Wells Fargo investigation, you can go to www.hbsslaw.com/WFCappraisals for information. With record numbers of home foreclosures, companies dissolving and unemployment on
...
11 Mar 12:41 pm
... an investigation into KB Home on behalf of homeowners. We believe KB Home worked with Countrywide to significantly overcharge customers through inflated appraisals. We've heard that
KB Home had secret agreements with Countrywide Mortgage and its appraiser, LandSafe, to inflate the appraisal value of KB Homes' houses to
increase profits for the homebuilder. According to some reports, this alleged scheme caused homeowners to pay inflated home prices, in some cases $50,000 or more than the home's ...
25 Jun 10:28 am
... -Adler Partners, LP created a false appearance of high demand for properties, artificially inflated the values of the properties, and misrepresented the amenities to be developed.
California homeowners have filed a class action against KB Home, Countrywide Financial, and LandSafe Appraisal Services, claiming that the
companies conspired to artificially rig home appraisal values and sale prices. The plaintiffs claim that the defendants inflated home prices by $300 million in California alone.
21 Jul 4:48 pm
... claim the housing giant used in California, Arizona and Nevada? Earlier this year, we filed cases in Arizona and California against KB Home claiming the homebuilder conspired with
mortgage giant Countrywide and its appraisal subsidiary, LandSafe, to artificially inflate home appraisal values in an effort to push up home
values. According to the complaints, homeowners unknowingly overpaid for their homes and purchased overly expensive mortgages. Now we are actively investigating similar claims ...
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