FHFA’s RFI on appraisals is a critical inflection point
Housing Wire
MAY 25, 2021
A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. In these scenarios, no inspection or appraisal of any kind is performed on the property.
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