Sentences with phrase «appraisal fraud»

New York State Attorney General Andrew Cuomo is ready to combat appraisal fraud in the whole GSE USA.

Declaring the culprit of housing bubble bad was «rampant appraisal fraud».

Appraisal fraud - Most mortgage schemes involve appraisal fraud.

But, this strict and thorough process benefits buyers by preventing appraisal fraud, such as lenders pressuring appraisers to inflate the home's price so that a deal can be made.

Now, it may be that this hole in the dam that is ForeclosureFraud may start to get fixed — there seems to be some movement towards fixing appraisal fraud and appraiser negligence.

For more on appraisal fraud, read our prior posts on the topic, including, «Feds Awaken to Widespread Appraisal Fraud as FDIC Sues, Alleges Florida Appraiser LPS Appraisals Wrongfully Inflated Values.»

Expect its competitors to follow with their own bad appraisal insurance packages: appraisal fraud is a big part of the national ForeclosureFraud problem and our ongoing housing crisis and yet, appraisal fraud does not get the media attention that the actions of bad banks and bad bank lawyers have received.

If there has been appraisal fraud, for example, then the value of the home reflected in the original note was erroneous, and the modification may be done to correct the error.

All this data is reporting information that most of us already know: there are lots of foreclosures out there in South Florida and we're not out of this housing crisis mess and Florida real estate is still reeling from the consequences of all the robosigning, appraisal fraud, etc. that has happened in the past few years.