A bill that would raise awareness about the dangers of risky loans and protect homeowners from unscrupulous lending practices has been introduced in the House. Specifically, H.R. 526, introduced June 28, directs the government to address appraisal and other mortgage fraud. However, it does not spell out the manner or means by which it should do so.

FULL STORY (from Appraisal Institute, Appraiser News Online)