How The New Home Appraisal Rules Can Hurt You

How Home Appraisal Rules Hurt You - Politics, Business, Civil, History - Posted: 17th Jan, 2010 - 6:10am

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Post Date: 17th Jan, 2010 - 6:10am / Post ID: #

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How The New Home Appraisal Rules Can Hurt You

How The New Home Appraisal Rules Can Hurt You
Real Estate Related News

Beginning February 15,2010, mortgage brokers can no longer order their own appraisals for residential real estate loans backed by the Federal Housing Authority. Instead, the appraisal selection process will be in the hands of appraisal management companies.  The idea behind the creation of the new law is to remove bias from the process. Previously, loan officers [...]
Source: Greater Hinsdale, IL Real Estate and News

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