Hoocoodanode?

So it turns out that the industry gave us the phony property assessment to qualify for home mortgages is low fraudulently employing the tax credit for first-time home buyers:

The Internal Revenue Service is examining more than 100,000 suspicious claims for the first-time home-buyer tax break, another sign of potential trouble for the soon-to-expire program.

I am gobsmacked that realtors and mortgage brokers might game the system.