Economy - Economics USA

WaMu Collapses Under Appraisal Probe

11-7-2007 • MISH: Global Economic Analysis

NY Attorney General Cuomo sent subpoenas to Freddie Mac and Fannie Mae over allegations of appraisal fraud at WaMu. Last week, Cuomo sued First American Corp. for allegedly colluding with WaMu to use a list of preferred appraisers to artificially inf