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Real Estate Law News
5/2/2008 9:49:08 AM EST
Federal regulator criticizes Cuomo appraisal pact
WASHINGTON – (AP) A federal regulator and powerful mortgage industry interests are criticizing New York Attorney General Andrew Cuomo's plan to reshape the appraisal industry.
 
Cuomo reached an agreement in March with mortgage finance companies Fannie Mae and Freddie Mac that was designed to alleviate what he called widespread pressure on appraisers . . . .
 
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