Hi All,
Are you a homeowner who used Wells Fargo and their subsidiary Rels Valuation for your home loan?
I work with a law firm investigating claims that Wells Fargo is involved in an appraisal rigging scheme. Reports say independent appraisers are forced to work for below market value while Wells Fargo’s in-house appraisal firm Rels Valuation charges homeowners an inflated cost, generating huge profits.
A recent lawsuit against Countrywide cites similar allegations and claims homeowners pay up to a 200 percent markup for the appraisal.
If you’ve had your home appraised by Wells Fargo, this case is worth checking out.
For more information, please visit the Hagens Berman Sobol Shapiro website and select Wells Fargo Home Appraisals under ‘Investigations’.