Standards for Becoming a Residential Appraiser Set to be Reduced, College Credits Won’t Necessarily be Required
February 15, 2018
The board authorized by Congress to establish appraisal standards will reduce the minimum criteria for a person to become a licensed residential appraiser. The decision stemmed from concerns about appraiser shortages and disagreements among industry participants on how to address the issue.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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