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Volume 7 - Number 26

December 31, 2008

Regulators Blink in Appraisal Compromise

The mortgage finance industry last week secured what it saw as a necessary concession from federal and state government officials on the thorny subject of appraisal independence. But it’s unclear what the compromise will mean for Fannie Mae and Freddie Mac in terms of their $24 million backing of a related implementation oversight mechanism. On Dec. 23, the Federal Housing...

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