The One-Mile Rule: Prudent Policy or Modern Day Redlining?
Appraiserblogs
APRIL 18, 2024
Throughout the history of mortgage banking and lending in the United States, underwriting policies have significantly influenced the appraisal process for home purchases and refinances. Appraisers must follow underwriter appraisal review guidelines meticulously to ensure their appraisal reports are accepted by the lender.
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