Washington Mutual (WaMu) is being accused of appraisal fraud

One former WaMu appraiser (Jeniffer Wertz) is suing the bank & has claimed that as she forecasted a gloomy housing market, she got blacklisted.

From mid-2007, her appraisal were not accepted by Washington Mutual . Only a month before that she had reported that there was a decline in local housing market in her area.