Compliance affects everyone in an appraisal office. It doesn’t matter if it’s a large or small shop, or if it’s the appraiser or the receptionist. There are industry regulations and state and federal laws creating high-anxiety hoops to jump through every day at every level – from Fannie and Freddie guidelines, to USPAP regs and workfiles, to digital signature laws, to state seal requirements.
The appraisal profession has slow to come to the realization that the Gramm-Leach-Bliley (GLB) privacy and security regulations apply to it. In our Best Practices Series, we help you get up to speed.