Hmm...Brokers Are The Good Guys?

Valuation fraud (or in other words appraisal fraud) rose 46% in the third quarter compared to the same period a year ago, according to a new report from risk mitigation firm..... The only difference this year as compared to last year has been HVCC. HVCC was impletemented to keep the "dirty" brokers "clean" when it comes to inflated values, however with brokers out of the picture and having zero contact with appraisers we are still seeing fraud increase....HOW? If this report is true, we have to speculate that the only way values are continuing to be manipulated is by those who have access to AMC, or bank run AMC's. Is valuation fraud up? If it is banks can only be those to blame..... and here we thought banks were the good guys.