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To: Para-Ord.45
So many of the people involved in this should be doing the perp walk.

For a $350 fee, an appraiser hired by Integrity, Michael T. Asher, valued the house at $132,000. Mr. Asher says although he didn't personally believe the house was worth that much, he followed standard procedures and found like-sized homes nearby that had sold in that price range in 2006.

... <snip> ...

T.J. Heagy, a real-estate agent later hired to sell the property, says he can find only one comparable house that sold nearby in 2007, for $63,000.


That alone should be adequate evidence for fraud (Asher) and conspiracy (Integrity). Especially since there's probably a lot more examples in their files.

When the TARP bailout was being debated, I called my Congressman after looking at the bill and registered a comment against the bailout. My comment was there was nothing in the bill to indicate that the history of the "troubled assets" would be investigated and crimes like this would be prosecuted.

30 posted on 01/03/2009 9:56:26 AM PST by cc2k
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To: cc2k

Does Michael T. Asher still have an appraisal license?


60 posted on 01/03/2009 3:53:13 PM PST by pointsal
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