Appraiser Law
VA Appraisal Request Form at Heart of Appraisal Independence Class Action – Court Rules Borrower May Pursue Claim Against Mortgage Lender
When a mortgage lender seeks to make a Veterans Administration-backed home loan, the lender requests an appraisal from the VA’s appraiser panel by using a form entitled Request for Determination of Reasonable Value. For many years, until it was revised in July 2022, this form had a box labelled “Refinancing-Amount Read more…