Washington Mutual Mortgage along with eAppraiseIT, their appraisal firm, was accused of over inflating the appraisal values of homes by New York’s attorney general, Andrew Cuomo.

Washington Mutual Mortgage allegedly colluded with eAppraiseIT, an appraisal management subsidiary of First American Corp. to “meet the numbers”. The lawsuit said that eAppraiseIT succumbed to pressure from Washington Mutual Mortgage to use appraisers who overvalued homes allowing the bank to close more home loans.