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Lenders push for inflated appraisals

A Center for Public Integrity investigation found that for years lenders have pressured appraisers to inflate home values to obtain higher mortgages. The article by Joe Eaton states, “In addition, the Center has obtained copies of lenders’ ‘blacklists’ containing the names of thousands of appraisers; some appraisers say lenders used those lists to exclude those who refused to inflate home values."

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