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A compliance review finds that a loan officer wants the appraiser to raise the value to make the deal work. What should the MLO do next?

Correct Answer

D) Do not pressure the appraiser to reach a target value

Lines 215-219; 12 CFR 1026.42(c). Appraisal independence bars pressure or inducements that affect the valuation result. Therefore, the correct response is "Do not pressure the appraiser to reach a target value".

Answer Options
A
Ignore the issue if the borrower orally agrees to continue.
B
Proceed based only on borrower preference and document the file later.
C
Rely on sales practice rather than required verification, disclosure, or documentation.
D
Do not pressure the appraiser to reach a target value

Why This Is the Correct Answer

Lines 215-219; 12 CFR 1026.42(c). Appraisal independence bars pressure or inducements that affect the valuation result. Therefore, the correct response is "Do not pressure the appraiser to reach a target value".

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