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Countrywide/Landsafe hit with skimming charge

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Vegan702

Senior Member
Joined
Feb 24, 2005
Professional Status
Certified Residential Appraiser
State
Nevada
How great would it be if they could get Landsafe shut down over this?
 

wickedness1

Senior Member
Joined
Jul 12, 2007
Professional Status
Certified Residential Appraiser
State
Ohio
I think any fee panel appraiser should contact this lawfirm with your information. It is possible that appraisers could also be involved in this class action suit possibly because of the monopoly that Countrywide / Landsafe has on the appraisal process. Work for low fees or don't work at all.
 

dougnail

Freshman Member
Joined
Nov 4, 2006
Professional Status
Certified Residential Appraiser
State
Florida
Oh yea.... Spread the word brother, spread the word.

Let every Countrywide borrower hit these guys think of this: $150 x number of appraisals through LandSafe X 10 years = OH Sh*t!

Let the AMC's rise up as the choice..... and we will knock them down with existing laws. They have no idea how their business model violates existing law.
I've been trying to get FTC to jump on this for the past 2 years. All I get from them is a....we're busy response.

So, all you have to do is figure out how to make money off chasing the bad guys.

This is why EVERYBODY need my class on How to Identify and Prevent Real Estate and Mortgage Fraud. We go over this exact issue

Stand them up and I'll show you how to slice them off at the knee cap

Posted with permission from Richard Hagar
 

Charles Witt

Senior Member
Joined
Dec 13, 2002
Professional Status
Certified Residential Appraiser
State
Delaware
Keep on going atorneys!

The law firm might want to keep on going.....go after Chae, Wells Fargo, Wachovia, bank of America.....might as well do it up right! The facts in this case could fit any of them! Go! :angry::clapping::angry::clapping:
 

Cob

Senior Member
Joined
Mar 30, 2006
Professional Status
Certified Residential Appraiser
State
Texas
What will happen to the whole HVCC if the borrowers win this case????:unsure:
 

Tom Barclay

Senior Member
Joined
Apr 7, 2002
Professional Status
Retired Appraiser
State
Oregon
As CW mentioned above, just about every AMC out there is guilty of exactly the same behavior. I have long thought it was a a violation of RICO, and anti-trust laws also. We should all do whatever we can to assist this law firm, provide information, correspondence from the AMC's, even just stories gleaned from phone conversations. If every appraiser that has been victimized by this system would just contact them, we may just prevail in the end. Stranger things have happened.
 

Tom Barclay

Senior Member
Joined
Apr 7, 2002
Professional Status
Retired Appraiser
State
Oregon
What will happen to the whole HVCC if the borrowers win this case????:unsure:

It's anybody's guess at this point, I would still expect the HVCC to go into effect long before this or any other RICO action could be settled.
 
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