Goodrich & Pennington Mortgage Fund, Inc. v. J.R. Woolard, Inc.

OPINION

Goodrich & Pennington Mortgage Fund, Inc., appeals from a district court judgment awarding it damages in connection with a negligent appraisal performed by J.R. Woolard, Inc. Goodrich contends that the district court’s award failed to include the entirety of the damages proximately caused by Woolard’s negligence. We affirm.

FACTUAL AND PROCEDURAL BACKGROUND

Goodrich loaned John Brown and Thelma Wilson (the Borrowers) the sum of $210,000 for the purchase of what was represented as a completed private residence. Goodrich’s agreement to fund this loan was based in large part on a defective…