Mortgagors Appeal Finding That Broker Price Opinion Was Not An Inspection Fee

(May 6, 2024, 1:07 PM EDT) -- GREENBELT, Md. — A couple who filed a putative class complaint against their lenders over a broker price opinion (BPO) fee that appeared on their account after their mortgage was identified as being in active loss mitigation and a putative class member who attempted to intervene filed a notice of appeal on May 4 after a federal magistrate judge in Maryland granted the lenders summary judgment and ruled that the BPO fee at issue was not an inspection fee prohibited by Maryland’s usury statute....