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August 01, 2005

Appraise The Appraisers

What happens in Kansas City may not stay in Kansas City.

Some screwy stuff has been going on in real estate in Kansas City. Federal investigators say some of it involves fraud. They say unscrupulous mortgage brokers, loan underwriters and appraisers used inflated appraisals to sell 1,000 or more dilapidated houses in the urban core to gullible investors.

 

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Real estate investors should appraise the appraisal

Posted on August 1, 2005 08:48 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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