New Report Finds Many First Time Mortgages And Mortgage Refinancing Deals Could Have Falsified Property Values - 2005-04-04
A new report out today, Home Insecurity: How Widespread Appraisal Fraud Puts Homeowners At Risk ,uncovers troubling evidence that many American homeowners and buyers are at financial risk from mortgage appraisal fraud. As a consequence, countless homeowners have borrowed more money than their homes are really worth.

The real estate boom and mortgage refinancing craze of recent years has meant record profits for institutions that originate mortgage loans. But this boom has a dark side for unsuspecting consumers.
Read the full story at Common Dreams

Half of surveyed lenders say real estate bubble exists - 2005-04-04
Almost half of mortgage lenders nationwide believe there is a real estate bubble, according to a quarterly survey released today.

Results of this quarter's Phoenix Management "Lending Climate in America" survey highlighted that 46 percent of the 122 commercial lenders who completed the survey said there is a significant overvaluation in the real estate market.
Read the full story at Inman.com