This. As long as the appraisal is close enough for plausible deniability, it serves the purpose. The originator just needs a number that's close enough for re

This. As long as the appraisal is close enough for plausible deniability, it serves the purpose. The originator just needs a number that's close enough for reality that whoever they sell the loan to (probably the government) can't come back and accuse them of fraud.