Archive for July, 2008

RE: What REALLY happened to Indymac…

Written by Admin on Wednesday, July 30th, 2008 in Uncategorized.

http://seekingalpha.com/article/87089-the-chief-commercial-appraiser-at-indy-mac-discusses-its-rampant-fraud-corruption-criminality Here is the commentary posted by Vernon Martin - of his experience on the inner workings of how family

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Foreclosure Defense: Over-Appraisal Rampant– IndyMac Insider

Written by Admin on Tuesday, July 29th, 2008 in Uncategorized.

I’ve shared some tidbits with you in the last month about my experience at IndyMac as their chief commercial appraiser from October 2001 to the end of March 2002. Now that IndyMac has been seized by FDIC and their legal staff presumably

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(Vernon Martin was the chief commercial appraiser for Indy Mac from October 15, 2001, to when he was terminated six months later for failing to look the other way or actively engage in fraud. Most of the details below are culled from

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My Experience at Indy Mac: Fraud, Corruption, Criminality

Written by Admin on Monday, July 28th, 2008 in Uncategorized.

I’ve shared some tidbits with you in the last month about my experience at IndyMac as their chief commercial appraiser from October 2001 to the end of March 2002. Now that IndyMac has been seized by FDIC and their legal staff presumably

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SAR #8209

Written by Admin on Sunday, July 27th, 2008 in Uncategorized.

Vernon Martin, chief commercial appraiser for Indy Mac for six months in 2001/2 has spilled the beans, which seem to include a fair amount of fraud. Understatement: England’s biggest colony of puffins has decreased by 30% in the last 5

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House and Federal agencies demurred, and appraisal fraud continued unabated. Eventually, cut a deal with … in the press of IMB receiving a “corporate governance” award from some organization, for having …

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Comment on Weekend Open Discussion by NJl$rd

Written by Admin on Saturday, July 26th, 2008 in Uncategorized.

The Chief Commercial Appraiser at Indy Mac Discusses its Rampant Fraud, Corruption, Criminality. http://seekingalpha.com/article/87089-the-chief-commercial-appraiser-at-indy-mac-discusses-its-rampant-fraud-corruption-criminality

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Appraisal Fraud (by: ritabradley01)

Written by Admin on Saturday, July 26th, 2008 in Uncategorized.

The chief commercial appraiser for Indy Mac in 2001 and 2002 details his experiences. He was terminated for failing to look the other way or actively engage in fraud. It is a bit long but worth the read as it details Fraud: Underwriting

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Whistling past IndyMac

Written by Admin on Saturday, July 26th, 2008 in Uncategorized.

I’ve shared some tidbits with you in the last month about my experience at IndyMac as their chief commercial appraiser from October 2001 to the end of March 2002. Now that IndyMac has been seized by FDIC and their legal staff presumably

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WaMu ready to die?

Written by Admin on Saturday, July 26th, 2008 in Uncategorized.

He asked me if I, as the chief commercial appraiser, had the regulatory authority to change the discounted cash flow models in each subdivision appraisal, which might have the effect of changing appraised values.

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