GSE Appraisal Agreement May Face Legal Challenge, But Tighter Rules Seem Inevitable
June 26, 2008
The debate over the controversial new appraisal guidelines established by the New York Attorney General, the Office of Federal Housing Enterprise Oversight, Fannie Mae, and Freddie Mac is increasingly likely to spill into court, industry insiders say. “If this agreement is allowed to continue, there will be litigation over it,” said Ray Natter, a partner at Barnett Sivon and...