State Regulators Don’t Second-Guess Low-Ball Appraisals

Riverside Press-Enterprise, Oct. 17, 2019–Jeff Lazerson
Lenders are largely unsympathetic to these complaints. Partly because lenders are prohibited by federal law from pressuring appraisers to come up with a certain value. And partly because appraiser standards or practices weren’t violated when an appraiser came up with a low-ball value. (MBA mention)
https://www.pe.com/2019/10/17/state-regulators-dont-second-guess-low-ball-appraisals/