Bogus Appraisals Catch AGs’ Eye, Pressure Shifts to Other Areas
June 11, 2007
State attorneys general in Ohio and New York are taking action to stem inflated property appraisals, even as pressure to come up with rosier market scenarios increase. In Ohio, Attorney General Marc Dann has filed multiple lawsuits against seven mortgage brokers...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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