Fannie Mae's announcement SEL-2010-09, June 30, 2010 specifies lender responsibility and liability regarding appraiser selection criteria, regardless if the selection is performed by a third-party ...
Written by Charles Gress, as originally published in The Reverse Review. Competency under Uniform Standards of Professional Appraisal Practice (USPAP) is very clear. It says an appraiser must: (1) be ...
It’s 1950, you’re walking down your office corridor to the filing room, you see two people in a meeting room, a manager and an employee; there’s an appraisal going on. Now fast forward, it’s 2012 and ...