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Appraisal scam leads to $65M worth of defective loans
SOFTWARE PLATFORMS

Appraisal scam leads to $65M worth of defective loans

A former appraiser used stolen credentials to fake inspections on Florida homes, creating more than $65 million in defective loans. Mortgage pros should tighten appraisal-verification controls to avoid fraud-driven repurchase and credit risk.

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National Mortgage News

2 min readJuly 6, 2026

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National Mortgage News

The definitive resource for mortgage lending professionals, with in-depth coverage of the industry's biggest stories.

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