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Does AIR require a lender to report appraiser misconduct to the applicable state certifying and licensing agency?

April 26, 2017air applicable appraiser certifying Lender licensing misconduct report require State

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Does AIR require a lender to report appraiser misconduct to the applicable state certifying and licensing agency?

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Yes. If a lender has reason to believe an appraiser is violating applicable laws or otherwise engaging in unethical conduct, they shall promptly refer the matter to the applicable board or agency in accordance with Section VII.