N.Y. action to let the air out of inflated appraisals

I cannot fathom what Mr. DeLoach is thinking when he asks to see what information the NY Attorney General already has. Can he really be so foolish as to be asking to shine more light on the pervasive problems in the wholesale mortgage origination business the members of his organization are engaged in? It's like walking into the local police station and telling them "I think I might have shot my wife". This is exactly the last question someone in Mr. DeLoach's position should be asking. What a maroon.

with out the dirty apprasiers, the housing bubble would never have taken off.