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 ...

In the wake of reports that some real estate appraisers are performing appraisals despite lacking sufficient knowledge of the local market, the Appraisal Institute has criticized those who violate the ...