I can't count the number of times I've received calls from a bank asking me to readdress a commercial appraisal report. What the caller doesn't realize is that things just aren't that easy. This situation arises most often when a borrower begins the loan process with one bank and, after paying for an appraisal, switches lenders. I explain to the … [Read more...]
Commercial Appraisals for Community Banks: We’re making things easier.
Community banks face a gauntlet of federal regulations. It's no surprise that many who work in the community banking industry feel overwhelmed and overworked, particularly since the economic devastation of the Great Recession. Regulatory compliance under Dodd Frank has become an undue burden on those community banks too small to make the "Too Big … [Read more...]
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