In 2006 the American and world economies teetered on the edge of collapse as investors traded near-worthless mortgage securities created by fraudulent lending practices. In the midst of this mayhem, a Kansas City real estate appraiser said enough was enough. When asked by a lender to appraise a house for twice its value, he called the FBI and set in motion a chain of events that both brought down a fraud ring, and led to a role in crafting regulations that help protect the industry today.His engaging and inspiring story has been described as “The Big Short from the bottom up.”
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Donald J. Gossman, SRA is considered a leading authority on appraisal fraud, and has over 37 years of experience in the industry.
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