Does AIR allow an appraiser to update an appraisal for another lender?
Related Questions
- Does AIR permit a mortgage broker to select an appraiser from the lender’s list of approved appraisers if the lender is responsible for the relationship with the appraiser, including compensation?
- If the appraisal is ordered by the lender in a manner compliant with AIR, are there any specific requirements about how the payment for the appraisal is transferred to the lender?
- Does AIR prohibit an appraiser from collecting payment for the appraisal directly from the borrower?
