The second article in an investigative series [Lawmakers pledge push for appraisers reform], by Pulitzer-Prize winning author Mitch Weiss quotes Bob Casey, D-Pa spokeswoman:
"Sen. Casey believes that a disturbing byproduct of the increased rates of foreclosure, as shown by these AP stories, is an increase in the number unscrupulous individuals who corrupt the appraisal process to artificially inflate home prices to increase profits by cheating home buyers," said Casey's spokeswoman, Kendra Barkoff.
Mel Martinez, R-Fla is also quoted in the story:
"Appraisal fraud significantly contributed to the current problems in the housing market, including a substantial number of foreclosures," Martinez said. "There's currently no civil penalties for appraisal fraud - and that has to change."
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