Holding Lenders and Brokers Accountable for High Quality and Accurate Appraisals

Realize that the lender is held entirely accountable, every bit as much as the appraiser, for everything on the appraisal.

It is not acceptable to ask an appraiser to run comps to come up with a preliminary value, then move onto the next, and the next, and even the next appraiser until you find the value that you want. (See related checklist: Are You In Compliance Checklist)

Responsibilities for Good Appraisals
(Freddie Mac Bulletin, May 29, 2008)

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