The Appraisal Foundation has released a White Paper on Requests for Reconsiderations
John Brenan, Director of Appraisal Issues, states:
“This paper is intended to provide information to assist appraisers, users of appraisal services, and others, with a greater awareness and understanding of issues surrounding the reconsideration process and offer some suggestions for those who wish to build a more relationship-driven and consistent method.“
This is a short 3 page paper and has lots of good information to share with appraisers, lenders, and appraisal management companies. See the complete report here.