Industry News

Appraisal groups seek more independence in lending process

Groups ask regulators to take action against 'rubber stamp' appraisals
Published on Apr 13, 2007

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by CareyBot

Four of the largest organizations for real estate appraisers are asking bank regulators to consider requirements stressing the need to enforce an independent appraisal process in mortgage lending. “We can’t stand by while those with a vested interest in a ...