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U.S. regulators propose new appraisal standards (news)

by AC @, Thursday, November 20, 2008, 22:19 @ AC

U.S. regulators propose new appraisal standards

Thu Nov 13, 2008

WASHINGTON, Nov 13 (Reuters) - U.S. financial regulators on Thursday proposed new guidelines for lenders' real estate appraisal and evaluation activities in an effort to deal with one of the root causes of the financial crisis -- poorly underwritten mortgages that are now failing.

Finish reading this at: REUTERS

Tags:
new appraisal standards, mortgages, loans

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