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In-house appraisals could reduce risk

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Mortgage Professional America | 17 Jul 2013, 05:00 AM Agree 0
Tighter regulatory restrictions on appraisals could become less burdensome if companies bring the process in-house, according to a mortgage technology and service provider.
  • Stan J | | 12 Aug 2013, 07:59 PM Agree 0
    The firewall is myth. In house appraisers are company men. Just ask the in house appraisers who is cutting them their paycheck. The customer (borrower) is not benefitting by a truly objective report. Of course, the "regulators" are allowing the banks to commit conflict of interest on a daily basis.
  • | | 19 Aug 2014, 02:37 PM Agree 0
    random is also a myth, there is nothing in the appraiser independence requirements that actually says assignments must be randoM
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