If you recently had an appraisal done on you home by Landsafe Appraisers, for Countrywide Homeloans out of simi Valley CA, and the appraisal came back GROSSLY less than comparable properties in your area especially on the east and west coast (NY, NJ, CA, etc.), so low that the LTV ratio doesn't qualify you for waiver of the PMI premiums then tell me your story, because after meeting all the requirement as establish by RESPA and making ontime payments foe 3 years Countrywide has resorted to predatory practices to keep people like you and myself for ever leaving their financial plantation. The overseer of this plantion is Landsafe Appraisers.
I say this because, once you satisfy the ontime payment requirements stipulated in your closing documents, as i said in my case after three years of on-time payments, Countrywide will ask you to pay for the bullet (appraisal) with which they will deny the waiver of you PMI premiums.
This denial is probably based "Low Ball" appraisal tactics (uncomparable comp's; fradulent use of establish methods of evaluation of property, tangible and / or intangible factors. Anything to stop you from refinancing your loan with someone else, or in my case getting ride of PMI payments so that you can pay down your principle. They really do this if you have what they call risky loans.
In my case a low rate interest only loan. Please post your stories involving same or simular experiences with Master Countrywide Homeloans and Overseer Landsafe Appraisers
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