I took out an arm loan with nationstar. It is due to adjust july, 2009. I called nationstar mortgage to refinance and they sent out an appraiser. The appraiser told me that they would not reappraise my home because they had reviewed the appraisal that nationstar had used two year previous and had found that not only did it contain information that was not true about my own home, such as it had a fireplace but the comparables that they had used to set the value of my home for the loan were not comparable to my home. My home had been overvalued by 40, 000 dollars.