SCAMS

Appraiser Says Washington Mutual Blacklisted Her For Not Inflating Property Values

Appraiser Says Washington Mutual Blacklisted Her For Not Inflating Property Values

A Californian real-estate appraiser is suing Washington Mutual, saying she was blackballed after refusing to to give artificially inflated property value estimates.

…last May, according to the suit, a WaMu manager upbraided her for describing local property values as “declining” in an appraisal. The manager insisted that Wertz “change her report to indicate ‘stable’ conditions so that the loan could be approved.”