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The accuracy of appraisals came into scrutiny during the housing crisis, and a set of policies and regulations was adopted to address the conflict-of-interest issues in the appraisal practices. In response to an investigation by the New York State Attorney General's office, the Home Valuation...
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During the housing crisis, it came to be recognized that inflated home mortgage appraisals were widespread during the subprime boom. The New York State Attorney General's office investigated this issue with respect to one particular lender and Fannie Mae and Freddie Mac. The investigation...
Persistent link: https://www.econbiz.de/10013032519