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We are the leading provider of foreclosure news, tips and articles in the foreclosure market

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Federal Homes

Federal Homes Agencies Team Up to Fight Unethical Appraisals

Thursday, March 6th, 2008

In a move to uphold better standards for home appraisals, federal homes mortgage sponsors Fannie Mae and Freddie Mac joined forces on Monday to sponsor a new watchdog agency designed to keep an eye on how appraisals are performed in order to curb inflationary home values.

Inflated home values are blamed largely for why the real [...]