New appraisal guidelines demand close look

摘要

How up to date are you on the federal appraisalrnrules? As a check, consider the following fairly common practice: A borrower brings one of your lenders an appraisal that was performedrnfor another bank. You accept it and add it to the loan file.rnIf you're OK with that, that's just one reason your bank had better get up to speed, because you 'd be wrong.