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Borrowers may have stronger hand to play against lenders with shoddy proof … and more

1. New Fed regulations on appraisers are depressing home prices, say industry groups [Detroit News]
2. Borrowers may have stronger hand to play against lenders with shoddy proof [NYT]
3. Condo defects from boom years not just haunting NYC residences, Friedlander says [WSJ]
4. Citi reportedly wants to underwrite Bank of America TARP repayment [Zero Hedge]
5. Regional banks continue to fall, taking financial sector with them [Market Watch]
6. Prediction: Case-Shiller index will show declining home prices once more in September [Business Insider]

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7. Consumer Product Safety chair shows hopefulness in Chinese drywall talks [NYT]