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To: Chunga85

Why the principal write down? Was there provable fraud and collusion between appraiser and lender?


13 posted on 07/25/2011 6:55:26 PM PDT by Roccus (Obama & Holder LLP, Procurers of fine arms to the most discerning drug lords (202) 456-1414)
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To: Roccus
Why the principal write down? Was there provable fraud and collusion between appraiser and lender?

I'm not privy to the details of the issues at bar in this case but this particular attorney has a habit of holding his own quite well with the TBTF crowd and their parlor tricks.

He seems eager to argue this before a judge if he must.

14 posted on 07/25/2011 7:05:59 PM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Fight Club Lawyer", Bailout)
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To: Roccus

“Was there provable fraud and collusion between appraiser and lender?”

I think so, considering the lender tells the appraiser the finance price. A real appraisal is done without knowledge of the amount being paid for the property.


15 posted on 07/25/2011 7:06:41 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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