Blacklisting with a Twist By Isaac Peck Last issue Working RE reported on an appraiser who was given a tough choice by Chase Bank: violate USPAP by discussing an appraisal with them – an entity other than the client, or face blacklisting (Lender’s Choice- Summer 2012). This time, Chase is offering a third option to...…
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Editor’s Note: Appraisers are well aware that their professional feet are held to the fire regarding USPAP: to know it, understand it and follow it. So what happens when a lender decides they don’t agree with the document and punishes an appraiser for only trying to abide by its guidance? So far, not much. Chase…
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