“When the FDIC Comes A’ Knockin’” published in the FREA Echo newsletter
By Sanjay Bansal and Jonathan Yee
(June 26, 2013)
The implosion of the real estate bubble reverberated across the American landscape. Neither residential nor commercial markets were spared. This implosion not only had a very palpable effect on the economy, but on the political debate of this nation as well. That political debate—as it seems is often the case—has turned to finger-pointing. Those fingers have now curled up into a fist, and that fist is now knocking on the doors of appraisers across the country.