Some of the responses I've had are shocked at what MBs are putting on the appraisal orders forms and demanding of appraisers. They had heard about it, but that was only a rumor and couldn't possible be a wide spread problem!
Providing the real evidence of it is shocking them, and I can't think of anything better. The addresses being provided, if found anywhere in their loan files, either pending closing or already closed, are excellent targets for file audit, and they are finding the fraud in them.
Another reason this is working is that everyone on my list knows there are many others receiving the same information / evidence. It cannot be ignored because of this.
If doing this makes me a 'vigilante', so be it. I do realize that what I'm doing does make me a 'target' and have had many forumites call and/or email me about protecting myself. One called the other day to relate the death threats and other threats to self and family that came from doing litigation support on mortgage fraud cases! OK, I will work harder on being more aware about self protection.
I provide the evidence of the pressures and illegal requests / demands placed on appraisers.
I provide addresses that need to have the loan file reviewed.
Sometimes I pick only one, a couple, or a few on my list to go over specifics provided to me that probably should not be sent out to everybody on my list.
I am very careful about protecting the appraisers that provide this information to me!!!!! The very LAST thing I would want to happen is for any appraiser to have any trouble of any kind for providing the evidence of fraud that I passed along.
As always, the hardest thing to acquire is a copy of the fraudulent appraisal that was used. If anybody gets a hold of one through any means other than a review they were hired to do, please do send it to me along with whatever evidence you can that will show what is wrong. As long as you have no client relationship regarding that appraisal, there is NO confidentiality issue. Besides, I am going to keep you out of it anyway.
Is turning over the evidence to those that can actually do something about it wrong? NOT to me!!! The Appraisers Petition was a great beginning and proves that appraisers have been telling about this for many years already. It was still just 'hearsay'. Everybody I've talked to about this over these many years have always said, "Without the evidence, there's nothing we can do." So, I'm doing it, with your help.
I'll admit that with all the warnings I've received, I was floundering in doubt about continuing, but when I came home Monday and found a bunch of letters containing checks, it gave me the support, financially and emotionally, to continue and go at this even stronger.
Thank you!!!!!
:Emoticon_hug:
If, as Doug B suggests, it needs to go to Congress, I'll do that.
