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  #1  
Old 11-10-2009, 04:31 PM
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valuesource valuesource is offline
 
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I completed an appraisal back in 2007 for a mortgage company who submitted a loan through lender X. Now there is a company asking for a copy of that appraisal on behalf of lender X, lender letter head and all. The mortgage company who submitted the loan is no longer in business and they need a copy of my appraisal. From what I understand, I would be in violation of USPAP by submitting the appraisal to anyone other than the mortgage company who ordered the appraisal. Would that include the lender also?? Thanks in advance
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Old 11-10-2009, 04:37 PM
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Mike Kennedy Mike Kennedy is offline
 
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Which party (or parties) was/were the named client(s) on the 2007 report?
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Old 11-10-2009, 04:39 PM
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Only the mortgage company.
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Old 11-10-2009, 04:41 PM
TITAN1 TITAN1 is offline
 
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Answer Mr Kennedy's question and you have the answer to your question.
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Old 11-10-2009, 04:42 PM
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CANative CANative is offline
 
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Tell them to go fly a kite. There can be nothing good for you in providing a lender with a two year old appraisal. Maybe the loan is in default and they want to sue someone.
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  #6  
Old 11-10-2009, 04:42 PM
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valuesource valuesource is offline
 
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Quote:
Originally Posted by TITAN1 View Post
Answer Mr Kennedy's question and you have the answer to your question.
Just wanted to be sure. Thanks again!
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