I look back now and understand much more. An appraisal I had done three years ago for WAMU, was reordered by LSI at the start of the change over a year an a half ago. I call LSI and gave them a heads up that the subject was under construction still. The order was pulled, four days later I get an order to review the new appraisal that was done. Call LSI and told the wig big that they had pulled this on the original order, nothing had changed and they were getting a review in that showed that the appraiser had noted the subject completed, as is, with inflated value. I waited and waited for a check, call LSI and was told on this one and a few others there would be no check coming because it took me to long to get the reports in. That I was now off the approved list in this area. Soon all my review work dried up from LSI. All of the review work they were sending had inflated values. I did list a couple of these with Fraud Hot Line Web Site.
I still have not been paid on them. I get a full fee order once in a blue moon from LSI. But nothing like it use to be for the A paper loans. B & C went down the tubes. Good thing I guess.
But now in retro spec, I can see when the changes started taking place.
By the way I did send a letter to the state about the appraiser, but have never heard anything back.
