FHFA’s RFI on appraisals is a critical inflection point
Housing Wire
MAY 25, 2021
For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.
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