My mother recently got a loan from Greenlight and paid for an appraisal but the appraiser said the fee he got was much less. Why is Greenlight not paying the appraiser what I pay? Is 30 years of interest not enough? My mother asked the appraiser about her grandson doing appraisal work, but the appraiser said it was not a good time to be an appraiser. When my mom asked why he said the lender splits the fee so the pay was not good and very unfair. He was only being paid $200. She asked about where the rest of the fee she paid went and he said he it goes to a management company... Who keeps 35% of the fee. What is wrong with this picture? I am filing a complaint with the BBB also.
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