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.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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