I refinanced my home a couple of years ago. At that time Bank of America required that we use only there approved appraiser, XXXX. At that time, the appraisal came in significantly below true market value, unbelievably low. I believe this appraisal was not honest since it was not a slight difference but a large difference in appraised valve verses what similar houses were selling for in my neighborhood. Nonetheless, i already invested at cost of this appraisal so i went forward with the load and was subsequently obligated to pay mortgage insurance. 
None my house in even more, with out a doubt, than the 80 % LTV requirement. XXXX houses, my next door neighbor and XXXX houses down, have sold for greater than XXXX. These are the same models as mine and i have a better lot. I owe XXXX on my home. This obviously calculates out to a meet the 80 % LTV requirement. However, when i called BOFA and advised them of all this and asked them to reevaluate, then said they would review this and send me a letter. The letter states that my LTV is less than 80 % and that i would need to get an appraisal with their appraiser of choice to reevaluate. I am reluctant to use their appraisal service, since i am concerned of a conflict of interest between BOFA and XXXX. I feel like they are systematically manipulating this process. I do not feel that they are being honest. I would like someone to independently review this for me and for the public. If they are systematically doing this to me, they are likely doing this to many others. I feel this is wrong. Please help. 
