Washington Mutual and First American appraisal fraud

[kev374]

New York Atty General is suing First American Corporation and Washington Mutual for conspiring together to artifically inflate appraisals and rip off tens of thousands.

First American Wamu lawsuit

This is after shareholders are suing Countrywide CEO for fraud. Wow, it’s going to be an interesting year going ahead with fingerpointing and lawsuits all over the place.

[The-Shoveler]

Gee wiz Wally
Gosh Beav, I don’t know!”

Really they conspired together to artifically inflate appraisals,

Wow !!! golly.

[The-Shoveler]

Gee wiz Wally
Gosh Beav, I don’t know!”

Really they conspired together to artifically inflate appraisals,

Wow !!! golly.

[The-Shoveler]

Gee wiz Wally
Gosh Beav, I don’t know!”

Really they conspired together to artifically inflate appraisals,

Wow !!! golly.

[5yearwaiter]

It’s going to be really wild still yet to come from housing and more facts on the way. Who said Greenspan’s Plan is wrong after all he did what was told but the Mortgage loan sanctions were no control and so the rapid rewards for many folks and so today the entire slump. Had they look Mortgages cautiously past years we never would have met today’s criteria.

5yearswaiter

[5yearwaiter]

It’s going to be really wild still yet to come from housing and more facts on the way. Who said Greenspan’s Plan is wrong after all he did what was told but the Mortgage loan sanctions were no control and so the rapid rewards for many folks and so today the entire slump. Had they look Mortgages cautiously past years we never would have met today’s criteria.

5yearswaiter

[5yearwaiter]

It’s going to be really wild still yet to come from housing and more facts on the way. Who said Greenspan’s Plan is wrong after all he did what was told but the Mortgage loan sanctions were no control and so the rapid rewards for many folks and so today the entire slump. Had they look Mortgages cautiously past years we never would have met today’s criteria.

5yearswaiter

[Bugs]

This pattern of behavior is well known in the appraiser community and people have been complaining about it for quite some time. As I said in the other thread, it isn’t just the one lender and it isn’t just the one appraisal management company.

In going after this particular AMC Cuomo may be landing a medium sized fish that might be willing to deal up the bigger fish in a plea bargain. Since most large AMCs have multiple lenders as clients the fallout could be significant.

[Bugs]

This pattern of behavior is well known in the appraiser community and people have been complaining about it for quite some time. As I said in the other thread, it isn’t just the one lender and it isn’t just the one appraisal management company.

In going after this particular AMC Cuomo may be landing a medium sized fish that might be willing to deal up the bigger fish in a plea bargain. Since most large AMCs have multiple lenders as clients the fallout could be significant.

[Bugs]

This pattern of behavior is well known in the appraiser community and people have been complaining about it for quite some time. As I said in the other thread, it isn’t just the one lender and it isn’t just the one appraisal management company.

In going after this particular AMC Cuomo may be landing a medium sized fish that might be willing to deal up the bigger fish in a plea bargain. Since most large AMCs have multiple lenders as clients the fallout could be significant.

[Bugs]

This pattern of behavior is well known in the appraiser community and people have been complaining about it for quite some time. As I said in the other thread, it isn’t just the one lender and it isn’t just the one appraisal management company.

In going after this particular AMC Cuomo may be landing a medium sized fish that might be willing to deal up the bigger fish in a plea bargain. Since most large AMCs have multiple lenders as clients the fallout could be significant.

[Author]

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