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2016 Survey of Mortgage Originators, Fourth Quarter
Anecdotes have increased in recent quarters that there is a growing shortage of appraisers. 55.6 percent of lenders who took part in the most recent Survey of Mortgage Originators indicated some level of issues getting appraisals. However, 11.1 percent indicated that the issue was significant. Respondents indicated that roughly 9.8% of volume was hit with [...]