Trustcorp Mortgage co v Zajac

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Full Text of Court Cases
December 15, 2006
6162 Mortgage Bankers and Loan Correspondents
522292 Real Estate Credit

Trustcorp Mortgage co v Zajac
US
State Court
Ohio
Court of Appeals
Chad M. Sizemore, Dale W. Eikenberry, Heffrey S. Rosenstiel, Matthew C. Blickensderfer, Rasheed A. Simmonds, Thomas H. Pyper
Winkler

Summary

In this appeal, we must determine whether a mortgage lender may recover economic losses from an appraiser, in the absence of privity of contract, under the theory of negligent misrepresentation. Under the facts of this case, we answer in the negative.
Trustcorp Mortgage co v Zajac
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