Critical Case Comment – Fitch v. Wells Fargo Bank, 2010 WL 1743202 (E.D. La. April 29, 2010) (Vance)

Fitch v. Wells Fargo Bank, 2010 WL 1743202 (E.D. La. April 29, 2010) (Vance)

It does not state a cause of action under RESPA for a mortgage servicer to overcharge for a Broker Price Opinion.

Summary of the Case

The debtor inherited real property in Gretna, Louisiana and fell behind on the mortgage payments in 2003. In March of 2004, the mortgage servicer, Wells Fargo, ordered a Broker Price Opinion (BPO) to determine the market value . . .

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