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Judge dismisses appraisal negligence claims against LPS
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Sunday, November 20, 2011
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In May, the Federal Deposit Insurance Corp. filed complaints against CoreLogic and Lender Processing Services for losses totaling up to more than $283 million based on CoreLogic's affiliation with eAppraiseIT and in LPS' case, its subsidiary LSI Appraisal LLC, an appraisal management company. Earlier this month, a judge made a ruling on claims of negligence. Read on for the verdict.
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