Posted 5 years ago on March 12, 2012, 1:01 p.m. EST by bankrape
This content is user submitted and not an official statement
"Current federal disclosure forms don’t tell you where that money [your appraisal fee] is really going. There is just a single line item for appraisal charges on the standard HUD-1 settlement statement. Say you’re charged $550. There is no hint that the appraiser may be getting $250, with the rest going to the management company and the lender."
~Ken Harney Quote From The Washington Post~
One man in the entire U.S. gets it; the rest of you are kept in the dark by the media. If you are as outraged about this as the 124,000+ petition signers consider asking your local newspapers and television stations why they choose to ignore the story. For complete coverage Goggle: BankRape