Appraisals: Customer & Reasonable Compensation
The valuation independence rules found in Regulation Z are designed to …ensure that real estate appraisals used to support creditors’ underwriting decisions are based on the appraiser’s independent professional judgment, free of any influence or pressure that may be exerted by parties that have an interest in the transaction...and…seek to ensure that creditors and their agents pay customary and reasonable fees to appraisers. The Regulation does provide a presumption of compliance for ensuring any compensation paid to an appraiser meets this “customary and reasonable” standard for comparable appraisal services within the geographic market in which the property is located.
Jerod explains more in the video.
Published
2025/07/07

Jerod Moyer
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!