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Main | Riley: agent at the center of $30 million in defaults »
Wednesday
Aug192009

In Appraisal Shift (HVCC), Lenders Gain Power and Critics 

DateWednesday, August 19, 2009 at 11:55AM

The following article appeared in the New York Times on August 18, 2009.

Mike Kennedy, a real estate appraiser in Monroe, N.Y., was examining a suburban house a few years ago when he discovered five feet of water in the basement. The mortgage broker arranging the owner’s refinancing asked him to pretend it was not there.

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A PDF print version is archived here in case the above link breaks

AuthorThe Editor - Ian Shuter - ACFE, DMS | Comments Off | | | Print ArticlePrint Article