Curbs Sought On Pressure For Inflated Appraisals

Appraiser groups have called on federal regulators to come down harder on lenders that pressure appraisers to boost valuations in order to permit overpriced deals to proceed, according to a Baltimore Sun article.

Reportedly, in one poll, 90 percent of the appraisers reported having been the victims of such forms of coercion as nonpayment of fees and outright threats, with many having lost business when they opted not to go along with the plan. For more, see Appraisers seek curbs on lender pressure.
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