Bonuchi v. United States

ROSS, Senior Circuit Judge.

Pursuant to Title V of the Housing Act of 1949, as amended, 42 U.S.C. §§ 1471-1490, the Farmers Home Administration (FmHA) is authorized to provide financial and technical assistance to low income persons who seek to obtain rural housing. 42 U.S.C. § 1471(a)(2). In connection with the loan approval process, FmHA officials conduct an inspection and appraisal of the property to be purchased in order to determine whether such property is eligible for FmHA funds. The narrow issue presented in this case is whether a purchaser’s reliance on the information obtained…