On April 23rd, the Sixth Circuit reinstated a home owner's lawsuit against his mortgage lender, mortgage broker, and others. The borrower alleged that defendants inflated an appraisal of his home as part of a scheme to push him into a high-cost loan which would generate higher fees for defendants. Reversing the entry of summary judgment dismissing the lawsuit, the Sixth Circuit holds plaintiff adequately alleged an injury under the Racketeer Influenced and Corrupt Organizations Act. Genuine issues of fact exist regarding whether defendants committed fraud by producing and sending through the mail a false appraisal as part of a larger scheme to secure high-interest loans. The Court therefore reinstated plaintiff's substantive RICO claim as well as his RICO conspiracy and state law conspiracy claims. Wallace v. Midwest Financial & Mortgage Services, Inc.