Declining Markets Force Banks To Increase Down Payment Requirements; What To Do?
In January, I blogged about appraisers checking “The Dreaded Declining Markets” box on appraisals. I highly recommend re-reading that blog, as the issue is much more prominent now – particularly with commercial banks offering jumbo loans. Here are some of the key points I made: (1) it is appraisers who make the designation and not […]Read More