Description
Learn permitted and prohibited valuation-related activities, prohibition on conflicts of interest and additional valuation independence requirements, including the requirement of a physical visit and additional appraisals for flipped properties. This course covers:
Requirements for valuation independenceAdditional requirements for higher-priced mortgage loansTransactions that are exempt from the requirements related to written appraisalsWhat You’ll Learn
After successfully completing this course, you will be able to:
Describe requirements for valuation independenceDescribe additional appraisal requirements for higher-priced mortgage loansIdentify transactions that are exempt from the requirements related to written appraisals