Should a bank be allowed to use its own staff to value properties if it believes that there aren’t enough appraisers in its market to meet demand or that outside appraisals have become too costly?
Santander Bank quietly settled a suit filed by a Connecticut couple earlier this year, which accuses the bank and the appraisal company it partnered with of low-balling the value of their property ...
"As previously announced, Bank of America Home Loans plans to exit the correspondent mortgage lending channel and focus entirely on retail distribution for its mortgage products and services. After a ...
The refinance appraisal helps the bank determine the home’s current value, so they can define the parameters of the loan they ...
A no-appraisal mortgage lets you refinance without a property appraisal. Learn how it works, its benefits, and eligibility requirements.