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Originationmedium27% of exam

A quality-control reviewer is resolving Appraisal Requirements during a loan setup review. Which action best fits the rule?

Correct Answer

A) Provide valuation copies within the required timing

Appraisal handling requires valuation independence and timely valuation copies. The best answer is "Provide valuation copies within the required timing".

Answer Options
A
Provide valuation copies within the required timing
B
Ask the appraiser to ignore a condition issue so the loan can meet timing.
C
Resolve the Appraisal Requirements issue with the high-cost loan exception that does not fit the facts.
D
Use production pressure to influence the appraiser delivery date or conclusion.

Why This Is the Correct Answer

Appraisal handling requires valuation independence and timely valuation copies. The best answer is "Provide valuation copies within the required timing".

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