Still Trying
Freshman Member
- Joined
- Mar 27, 2013
- Professional Status
- Certified Residential Appraiser
- State
- Iowa
Ok, long story short I need help with a lender from a national bank. I competed an appraisal subject to the completion, lender comes back two days after the completion is submitted and says she needs a new appraisal as the borrower needs to loan more money and states a specific value that the appraisal needs to come in at. I agree to do a new appraisal, which did not come in at the requested value of the lender. Lender gets obviously ubset and numerous emails follow for "clarification" on my value. I did find out some time later that the lender is very good friends with the borrower. Lender is so upset that she finds a reason to file a complaint with the state board, which involved allowing an associate appraiser with an expired license (which I was unaware of) inspect the property for the completion and I signed it as the appraiser, not supervisory appraiser. Of course, I accepted full responsibility for my mistakes and was given a slap on the wrist by the state. Fine, I thought the issue was all resolved...Lender is upset that I just got a slap on the wrist. She decides to send 15 of my appraisals to an AMC for review, I am assuming in hopes to find further reason for additional complaints to the state. The reason I know this is I am the only appraiser in this coverage area who works for this AMC, so all the review requests were sent to me. Of course, I did not accept them but it gave me insight on what this lender was doing. In the process, I get a few phone calls from people that I did the appraisals on their homes a few years ago who went to this lender for a mortgage loan and asked if it was going to be the same appraiser or not. Lender informs these people that they can not use me anymore as my license is suspended, which it is not. I get another call from another bank, not affiliated with this lender's bank, in the same community who asks me also if my license has been suspended but would not disclose where she had heard that. Mind you, all of this is happening before my disposition with the state has even been filled and become public record. In addition, this lender stopped paying me for appraisals that had been completed within the last few months pior to the appraisal she is so upset about. I sent her an email to just state there were outstanding invoices only come to find out she has blocked my email address!!! I feel like this is high school bullying all over again!! I totally accept my wrong doing and the discipline that followed from the state, however, this has gone too far. It is time to fight back before she completely burries me and my business!! I know the OCC handles complaints against federal banks. I know this bank has violated a few laws. I am just looking for guidance on specific laws broken or maybe other violations that I may have over looked. Also, should I keep trying to do this on my own or higher a federal lawyer? Are my complaints worth a federal lawyer? HELP!!!!!!
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