Wallace v. Midwest Financial & Mortgage Services, Inc.

OPINION

COLE, Circuit Judge.

This is a subprime mortgage case brought by the borrower, Harold Wallace, against the lender, MortgagelT, Inc. (“MortgagelT”), the mortgage broker, Midwest Financial & Mortgage Services, Inc. (“Midwest Financial”), the broker’s two principals, David Schlueter and Bryan Bates, and several other now-dismissed parties. Wallace alleges that the defendants fraudulently inflated an appraisal of his home as part of a scheme to push him into a high-cost, adjustable-rate mortgage from which he now seeks relief. He made several claims below, only three of which are relevant…