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Feds Urge OFHEO: Dump Appraisal Deal; Suit Likely
The federal bank regulatory agencies late last week urged the Office of Federal Housing Enterprise Oversight to ditch the controversial GSE appraisal deal, significantly amend it, or at least delay its implementation until the deal’s “significantly adverse consequences are prevented and the other material, legal and policy concerns … are satisfactorily addressed.” Announced March 3 by the New York Attorney General’s office and...
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