The Wall Street Journal is on a Mission
[Lenders Clamp Down
On Inflated Appraisals
Overly Aggressive Valuations
Add Fuel to Housing Boom;
Requiring a Second Opinion
By RUTH SIMON
Staff Reporter of THE
With home prices climbing at a double-digit pace in many parts of the country, lenders are increasingly worried about inflated appraisal values -- and some are taking steps to clamp down.
U.S. Bank Home Mortgage, a unit of U.S. Bancorp, has increased the number of in-house appraisers on its staff roughly 40% in the past 18 months -- cutting down its reliance on outside appraisers. The
1 Comments:
Geen twijfel u weet wat gebeurt.Truly, Felice antique appraising degree
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