Finance
A Wisconsin lender's 'appraisal review' (desk review or field review) is conducted to:
AReplace the original appraisal
BVerify the quality and accuracy of the original appraisal report✓ Correct
CIncrease the appraised value to meet loan requirements
DSatisfy DSPS review requirements
Explanation
An appraisal review is conducted by a qualified reviewer to assess the credibility and accuracy of the original appraisal; it is not a new appraisal but an evaluation of the existing one.
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