Regulatory Agencies Issue Final Appraisal and Real Estate Evaluation Guidelines.



Part of the reason for the real estate meltdown was the lack of internal control by lenders over the appraisal process for homes. Now after an extended period of public comment, regulatory agencies have issued final guidelines for lenders to follow on the appraisal process. This Mortgage News Daily article outlines the new guidelines for lenders to follow.

Read entire article by clicking below.

http://www.mortgagenewsdaily.com/12032010_appraisals.asp


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