Nationstar Mortgage Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

Nationstar Mortgage Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Texas

On -/-/- - - was hired and paid specifically to supply a Retro-Active Appraisal '' and Appraisal Review '' to support or deny - guideline compliance in the - residential appraisal from -. All Retro-Active '' and


Scope of Work '' were specifically related to activity that occurred in the - - appraisal. Statements provided by - in his Scope of Work '' were known to be used for the purposes of possible litigation and these statements required supporting evidence to confirm or deny - compliance in the - - appraisal. Further evidence of - 's knowledge of the use for his Scope of Work '' for civil litigation purposes can be found in a deposition conducted on -/-/- where - states the following : Q. Now, you state in the appraisal that this appraisal is also intended for litigation, correct? A. Correct. Q. What does that mean? A. That means in case we have to do a deposition or something, that 's what it 's going to be used for. It 's not for mortgage lending purposes, not for valorem tax purposes, it 's not for other purposes. It 's for litigation purposes. - states he is fully aware of the magnitude and necessity for accuracy in his report to support a possible civil claim when he states The purpose of this report is to present the data and reasoning the appraiser has used to form an opinion as the market value of the subject property as of the effective date. The use of the report is for litigation. - also states in his scope of work that The size of the comparable sales data is generally taken from the Appraisal District 's data. Before even considering the For Sale by Owner '' home for purchase in -, I conducted due diligence on the subject property by researching information in the - Appraisal - ). Attached is a copy of the - Account Detail ( - ) dated -/-/-. When conducting due diligence on the subject property, the attached - - public record document was utilized to make a fair market offer to the sellers of $250000.00 based on the - - market tax valuation of $240000.00. - committed negligence that forever complicated the recovery of my civil petition when he failed to confirm the lack of discrepancies in the public record for the purposes of establishing discovery '' for my civil claim against the appraisers that conducted the negligent appraisal in -. - negligently misrepresented and supplied evidence without supporting facts or documentation when he supplied - documents to support a conclusion as to what was the subject property description in the - - public record. The - Appraisal Review negligently errs by stating in the IMPROVEMENTS '' section of his brief that the Square footage of living area, as shown, includes - square foot Bonus Room addition to the - square foot house reported as - bedroom. '' - continues to err when he states that It is also noted the Appraisal District shows the - square footage as separate area, reporting the - square feet in the house and - square feet Room Addition. '' This information is from the - - -, not the appropriate - - -. This statement IMMEDIATELY puts credibility issues into the reports provided by -. - states that The appraisal reports tax data was used to determine the subject site value in the Cost Approach, '' indicating that both - - - and - should have utilized this same attached - - report when issuing their appraisals and appraisal reviews.

Nationstar Mortgage customer in Texas
Oct 10, 2015

* Source: CFPB Complaint Database

Nationstar Mortgage response to complaint:
Closed with explanation

Consumer disputes how Nationstar Mortgage handled their complaint

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Contact Nationstar Mortgage

https://www.nationstarmtg.com/
888-480-2432
[email protected]
PO Box 619098
Dallas TX 75261
Nationstar Mortgage
Nationstar Mortgage

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