11.27.2007

New York vs WaMu/First American & eAppraiseIT

The New York attorney general, Andrew M. Cuomo, accused an appraisal company yesterday of inflating the value of homes under pressure from Washington Mutual, one of the nation’s largest mortgage lenders.

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First American Wants Suit Dismissed

First American, Unit Seek Dismissal of New York AG's Lawsuit Over Mortgage Appraisals
NEW YORK (Associated Press) - First American Corp. and its home-appraisal unit have asked a federal judge to dismiss a lawsuit by New York Attorney General Andrew Cuomo for allegedly colluding with Washington Mutual Inc. to inflate mortgage appraisals.

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