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Have all the lenders gone Insane?

A fellow Appraiser I work with called me earlier today, to ask if I was a Flagstar approved appraiser. I said I was and check my status about 4 months ago and was still active. He stated the last time he checked he was approved, and he had a report he wrote and Flagstar would not accept it, stating that he's not approved!!!!!! So I called their Appraisal department, and I was told that, I'm no longer approved!!! As it turns out, I have not had any reports sent to Flagstar in the past year, so they kicked me off the list. I asked how do I get back on the list, I was told that my area is full and they are not adding any Aappraisers to the list in my area. I could under stand if there was an issue with the quality of my work, but because most of my clients closed down, and then HVCC, and I haven't been getting much work, I'm dropped from the list. I guess it's my fault, I should have been prostituting myself for those $150.00 Appraisal orders, that the lender love so much.

Posted Friday Nov 06