Category Archives: Fraud

Warning to Appraisers: AMC asking Appraisers to Violate State Law

Appraisers Beware! VaCAP has been informed an email has been sent to Virginia Appraisers from Xome Vender Manager, Adam Burg. The email, addressed to “undisclosed recipients,”  starts with  “Dear Virginia Appraisers.” The body of the email announces that SunTrust Bank has begun ordering a bifurcated valuation product with an interior inspection.   The appraiser is to… Read More »

Thank You Appraisers for Protecting the Public Good News! Mortgage Fraud increased 12.4% How exactly is this  good news?  Well, it is simple….. Appraisers had absolutely nothing to do with it!  According to the CoreLogic Mortgage Fraud Index,  mortgage fraud rose 12.4% from 2nd Qtr 2017 through 2nd Qtr 2018.  Here is the break down: … Read More »