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AG Letitia James has warned she will start confiscating his wealth and property and selling it off. AG Letitia James told ABC. “If he does not have funds to pay off the judgement, then we will seek judgement enforcement mechanisms in court, and we will ask the judge to seize his assets,” James told ABC, according to the Daily Express and other outlets. “We are prepared to make sure that the judgment is paid to New Yorkers,” James said, “and yes, I look at 40 Wall Street each and every day,” she added, referring to a Trump-owned property near her...

Vice President Harris on Thursday announced a new rule to require financial institutions ensure that their home appraisal algorithms are not contributing to racial bias in home valuations. The rule, subject to a 60 day public comment period, aims to establish quality control standards to help ensure accuracy and fairness for Automated Valuation Models (AVM), the algorithmic models used to assess the value of homes. AVMs would have to adopt policies and safeguards to protect from data manipulation, avoid conflict of interest, and conduct random sample testing. Harris also announced actions to expand the ability of consumers appealing what they...

Recently, I applied for a new, lower-rate mortgage. My credit rating is perfect and is quoted as 801 (average) by the three financial rating companies. I am a fiscal conservative and my record shows it. I have owned homes since 1977 and have never been late with a mortgage payment, let alone missed one. I have a guaranteed monthly income plus an investment portfolio. In March I applied for a new mortgage to drop my interest rate from 4.8 to 3.8. The contractor who had rebuilt my home to new standards in 2006 unofficially appraised my home for $385K as...

Flawed appraisals are derailing real estate sales and depressing values across the United States, the National Association of Realtors said Tuesday as it reported that existing home prices declined 17 percent in May from a year earlier. "It's pointing to thousands of delayed or canceled transactions," Lawrence Yun, chief economist of the Chicago-based Realtors group, said in an interview. "We've had a massive inundation from members saying this is a big problem." Appraisal rules that went into effect on May 1 require lenders that sell loans to Fannie Mae or Freddie Mac to set up a firewall between appraisers and...

New York's attorney general today sued a major real estate appraisal company for allegedly colluding with Washington Mutual to inflate the value of thousands of homes, the first strike in a widening investigation of allegedly fraudulent practices that contributed to nationwide troubles in the housing market. Investigators working for Andrew M. Cuomo (D) this morning filed a civil fraud lawsuit against eAppraiseIT, a subsidiary of First American Corp., in New York state court. Officials at the unit buckled under pressure to boost the value of homes for sale under threat of losing the business of WaMu, their largest client and...

This is an Excel Spreadsheet to help fight high property tax appraisals. Download and share. THANKS ED.

<p>In the final days before the recall election, the Davis administration is rushing through three huge land purchases totaling nearly $300 million without revealing the appraisals that justify the prices. All of the owners have contributed generously to Davis in recent years, approximately $163,000 as tallied by the San Jose Mercury News. The secrecy smells.</p>