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...
It has been brewing for a while, this latest real estate imbroglio, and, in a real twist, it is the reputed perpetrators who have been screaming the loudest to alert the public to the crime. Appraisers have complained for years, decades in fact, about the pressure they state they sometimes get from real...