Contrary to incorrect interpretations of appraiser independence requirements, appraisers welcome information that would assist the development of credible assignment results,» says Amorin. (rismedia.com)
The Dodd - Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd - Frank Rules) phases out the HVCC, and it includes appraiser independence requirements similar to the HVCC. (mortgagecompliancemagazine.com)
In order to ensure that appraisals are impartial the Appraisal Independence Requirements, or AIR, prohibits a lender's loan production staff from having direct contact with — or influence upon — any appraisers. (pennymacusa.com)