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Bank of American Class-Action Certified: Countrywide via LandSafe used inflated Real Estate Appraisals

11 Comments / foreclosure / By

First a little background.  On February 6, 2018 a California federal judge certified a nationwide class of borrowers accusing Countrywide Financial Corporation of using inflated real estate appraisals to inflate its loan origination business from 2003 to 2008, overturning successor Bank of America’s claims that borrowers won’t be able to back up their racketeering claims …

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Insider Confirms Builder Complicity in Appraisal Fraud

4 Comments / bubble, CASES, Corruption, Eviction, expert witness, foreclosure, foreclosure mill, GTC | Honor, HERS, Modification, Mortgage, Motion Practice and Discovery, Statutes / By

Editor’s Comment: Appraisal fraud, ratings fraud, misrepresentation, steering investors and borrowers in the wrong direction — all of these amount to the same thing: DECEIT. And as everyone knows, when someone is bilked out of money or value through deceit, they are entitled to made whole — as close as possible, and probably entitled to …

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