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New York - N.Y. Attorney General's Appraisal Reform Draws Ire

May 11, 2008 at 09:15 AM

New York - A major legal brawl is breaking out over how homes are appraised, at what cost and by whom. The outcome could directly affect the price you pay for your next piece of real estate and the amount of mortgage money you can obtain. The fight centers on an unusual agreement reached in March among Fannie Mae, Freddie Mac, their federal regulator and New York Attorney General Andrew M...

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