Lenders Suffers Own Painful Loss After Homeowner's Death
Indianapolis Business Journal › May 07, 2010
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Summary
The spat playing out in U.S. District Court in Indianapolis involving the former home of Dr. K. Douglas Schmidt is an extreme example of the growing tensions between lenders and appraisers in the wake of the great housing crash.
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Extract
Lenders Suffers Own Painful Loss After Homeowner's Death
A prominent Indianapolis dentist died three years ago under odd circumstances, just as a seven-figure expansion of his Allisonville Road home was getting under way.
The tragic turn of events h...See the full content of this document
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