Can a Retro Appraisal Save the Day?
November 2, 2009 by Homeowners Hero
Filed under Blog for Homeowners
So-called “retro appraisals” are the latest tool at the disposal of lawyers looking to fight off foreclosure and obtain a favorable loan modification or a short sale for their clients.
“The theory is that the financing was based upon a questionable appraisal which the lender approved without proper oversight,” a RetroAppraisals.com release said. “Mortgage brokers, real estate agents, and lenders had close [...]
