So, why has appraisal fraud gained the foothold that it apparently has in the mortgage granting process ? Is anyone watching the store? According to the Demos Report, there are a lot of people who might be or maybe even are watching, but few who have both the power and the motivation to crack down on...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, May 2 2005
Filed under:
Filed under: FBI, national association of realtors, Freddie Mac, ofheo, Fannie Mae, Justice Department, Federal Reserve, office of federal housing enterprise oversight, appraisal fraud, mortgage granting process, Demos Report on Appraisal Fraud, Federal Deposit Insurance Corporation, Office of the Controller of the Currency, banking regulation, appraiser training, appraiser standards