2007 House Bill 4055

Prohibit appraisers inflating appraisal for pay

Introduced in the House

Jan. 22, 2007

Introduced by Rep. Jeff Mayes (D-96)

To prohibit mortgage brokers from coercing or inducing a real estate appraiseer to inflate an appraisal developed in connection with a particular loan, as described in House Bill 4054.

Referred to the Committee on Banking and Financial Services