In what could be the first of many similar suits to come against lenders, a group of home appraisers have filed a lawsuit against Countrywide Financial accusing the mortgage lender of blackballing appraisers who refused to compromise evaluation standards. According to the lawsuit, Countrywide placed appraisers working for Capitol West Appraisals of Boise, Idaho on a no-hire list after several employees resisted pressure from Countrywide to increase home valuations. The lawsuit, which asks for class-action status, seeks unspecified compensatory damages. Read more about the lawsuit HERE.





