Sturgis Lawyers - Bird, Svendsen, Brothers, Scheske & Pattison, P.C.

January 21st, 2009

Woulda Thought This Was Already A Crime

Michigan’s new Secondary Mortgage Loan Act makes it a misdemeanor for a person willfully or intentionally to coerce or induce a real estate appraiser to inflate the value of real property used as collateral for a secondary mortgage loan.

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