Witness: Mortgage lender questioned Monroe appraisals - 2005-02-24
A New Jersey mortgage company cut ties with Eagle Valley Homes in 1998 after questions surfaced about the Brodheadsville builder's appraisals, an official of the mortgage company testified Wednesday.
James Guggenheim of Princeton Mortgage said his company ended a brief business relationship with Eagle Valley Mortgage, the lending arm of Eagle Valley Homes, after another company raised concerns about Eagle Valley mortgages it purchased during the spring and summer of 1998.
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