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The Associated Press reports that New York Attorney General, Andrew Cuomo uncovered a major appraisal scam between Washington Mutual and real estate appraisal company eAppraiseIT.
Attorney General Cuomo, filed a civil complaint charging eAppraiseIT "colluded with the nation's largest savings and loan companies to inflate the values of homes nationwide, contributing to the subprime mortgage crisis".
If you are a Washington Mutual customer double check everything.
More to come as details emerge.
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Thursday, November 1, 2007
Did WAMU Screw You Too?
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