Mitchell, Maxwell & Jackson Inc.

New York Expands Inquiry into ‘Appraisal Bullying’ HW+

Bloomberg reports that New York Attorney General Andrew Cuomo is looking to get appraisers to formally admit to “improper” pressure to hit target home values from overly-aggressive brokers and lenders: Miller Samuel Inc. and Mitchell, Maxwell & Jackson Inc., which together valued more than 13,000 Manhattan properties last year, both said they were asked to sign identical statements by Cuomo’s staff….