Subprime Legal, Take 2: Is Cuomo’s Appraisal Fix Destined for Court?
Submitted by LawWench on Fri, 2008-05-09 03:08.
Will Andrew Cuomo’s “appraisal code of conduct” — the set of guidelines for mortgage lenders to follow to avoid inflated home appraisals — ever see the light of day? If it does, reports the WSJ’s James Hagerty today, it may well see a whole lot of litigation first.
Here’s the backstory: Earlier this year, Cuomo campaigned [...]
