Mortgage Lenders Network, Inc. has dismissed three defendants from the civil lawsuit that it filed in 2004.

David G. Anderson, Bowling Green, Ohio and Emilio Soli, Stow, Ohio were dismissed because, as stated in a document entitled Notice of Plaintiff's Intent to Dismiss Defendants David G. Anderson, Emilio Soli and Adkins Appraisal Services, Inc. Without Prejudice, according to the testimony of the defendants, they were not involved in the fraud alleged in the complaint. The dismissal was entered without prejudice, according to the Notice, in the event further discovery in the case were to reveal that such testimony was not truthful. According to that same Notice, Adkins Appraisal Services, Inc., Sylvania, Ohio was dismissed as, according to the representations of Debra Adkins and the records of the Ohio Secretary of State, it was not an entity capable of being sued.

Debra Atkins, Toledo, Ohio and Jay Riccardi, Oklahoma City, Oklahoma are the only remaining defendants. The amended complaint alleges that from March to September 2000, Debra Adkins and/or Jay Riccardi conspired to provide false and fraudulent appraisals of residential properties in return for payment. The complaint further alleges that these appraisals were submitted with loan applications and that Mortgage Lenders Network made loans in reliance on the appraisals.

The complaint identifies 19 properties:

142 Garfield Avenue, Findlay, Ohio

409 Griffith Street, Sycamore, Ohio

5556 State Route 19, Galion, Ohio

441 West Wyandot Avenue, Upper Sandusky, Ohio

14946 Wapakoneta Road, Grand Rapids, Ohio

11266 Township Road 196, Vanlue, Ohio

2713 Chestnut Street, Toledo, Ohio

220 South Hazel Street, Upper Sandusky, Ohio

1120 North Union Street, Lima, Ohio

2120 Maplewood Avenue, Toledo, Ohio

12629 Township Road 45, Findlay, Ohio

2999 Remington Ridge Drive, Columbus, Ohio

1458 Atcheson Street, Columbus, Ohio

4843 Imperial Drive, Toledo, Ohio

1016 Elcliff Drive, Westerville, Ohio

755 Hamilton Street, Toledo, Ohio

829 Evesham Avenue, Toledo, Ohio

440 Ewing Avenue, Findlay, Ohio

3141 Pomeroy Street, Toledo, Ohio

The complaint seeks compensatory damages of at least $250,000.