Marshall Zerner Associates Appraisal Reviews

As said in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers fulfilling reviews have to "have the proficiency and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." Marshall Zerner Associates provides appraisal review services that are independent, efficient, professional and compliant with the Federal Reserve's rules.

As stated by the Federal Reserve, appraisal reviews "ought to decide whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the procedures by which the collateral valuation is attained guarantees independence and quality." They "must also denote whether the appraisal or evaluation report is consistent with the letter of engagement, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve states that "some banks augment typical reviews with post-funding surveys of appraisal quality for a number of their high-liability or large-value affairs as a means to assist in identifying valuation complications."

In addition to adapting our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are typically used for review services, and we will develop an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Marshall Zerner Associates, we are experienced in all types of appraisal reviews, review processes and the requirements of review appraisers.