13-23.FIRREA Mandates

question 23

Multiple Choice

13-23.FIRREA mandates:

• A) that state certified or licensed appraisers must be used for the appraisal of properties involving federally related mortgages
• B) that state certified or licensed appraisers must be used for residential properties with a value in excess of $200,000
• C) that state certified or licensed appraisers must be used for the appraisal of commercial properties in excess of $2,000,000
• D) that state certified or licensed appraisers must be used for all appraisals of real property

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