Appraisers Face Increasing Pressure to Inflate Values

The 2007 National Appraisal Survey released in December 2006 surveyed 1,200 appraisers and 90% of them reported being pressured to restate, adjust or change values. That is almost double the rate of 55% in the first survey conducted in 2003.It gets worse. Over 71% of the respondents said they were pressured by mortgage brokers and [...]

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