A company that provided real estate appraisals to a former mortgage lending giant during the run-up to the housing crisis will pay $7.8 million to settle charges that its appraisers conspired with the lender to puff up home values.

The settlement resolves charges brought by New York's attorney general against eAppraiseIT, a unit of CoreLogic (CLGX), that allegedly allowed its appraisers to inflate property values at the behest of Washington Mutual on more than 10,000 homes in New York, the attorney general announced Friday. The company handled appraisals for the savings and loan over a roughly two-year period beginning in 2006

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