Lenders see appraisal modernization as a top priority
Housing Wire
MAY 24, 2022
The main benefit of appraisal modernization, according to the first-quarter sentiment survey , is that it will help shorten the loan origination cycle time. One mid-sized lender echoed the opinion of others that appraisals still take too long. If they can, they want to charge more money for the appraisal.
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