• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Latest Mortgage Fraud Survey

Status
Not open for further replies.

Restrain

Elite Member
Joined
Jan 22, 2002
Professional Status
Certified General Appraiser
State
Florida
The lenders obviously lied on their survey. The majority said they had "0 tolerance for fraud", and none of them said they were tolerant or in denial for fraud; yet they participate in fraudulent loans every day. They send the appraisals to "number hitters" and the LOs tell borrowers not to include certain loans or data as it would adversely affect their credit scores. They can't even admit the truth to themselves.

Roger
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks