lender

Important News Regarding the Banking Industry

There have been many changes in the market over the past several months regarding the new regulations on the appraisals for lenders. The enclosed letter is a from the appraisal firm that does our monthly market updates that we send to you all.

Please do read the enclosed letter that was written as I do believe that this will help you understand some of the changes that we are experiencing in the lending side of our business. I do realize this is all very confusing as to how it affects you home value today. I hope this will help you have a better understanding of what the issues are in the market that we are in.

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