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Home » Store » News » Appraisal Fraud Continues to Rise, New Preventive Methods Tested

Appraisal Fraud Continues to Rise, New Preventive Methods Tested

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Despite efforts to curb fraudulent practices, appraisal fraud is on the rise and poses a tremendous threat to mortgage lenders and investors, warned the Mortgage Asset Research Institute in its latest report on mortgage fraud. While the percentages of other types of mortgage fraud and misrepresentation in 2009 showed very little change from previous years, the most noticeable...
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