Transcription of Section 1.07 Appraisal Guidelines
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Section 1.07 Appraisal Guidelines
Section December 14, 2018 Appraisal Guidelines Page 1 of 147 Correspondent Seller Guide Broker Seller Guide Section Appraisal Guidelines In This Section This Section contains the following topics. Overview .. 3 Introduction .. 3 Guideline Summary .. 3 Related Bulletins .. 6 Appraisers .. 7 Appraiser Selection Criteria .. 7 Supervisory or Review Appraiser Update .. 8 Ineligible Appraisers .. 9 Government Appraisal Approved Lists .. 9 Appraiser Independence Requirements .. 10 Scope of the Code.
and shall consist of a real estate appraisal. Most real estate collateral valuation requirements are imposed by banking regulations, appraisal standards and statutes/ordinances (i.e., Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, or “FIRREA,” as amended, the Uniform Standards of Professional Appraisal ...
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