Frank Danna is president and CEO of Appraisal Logistics, Annapolis, Md.
Appraisal management companies must self-regulate their prices unless they want the government to do it for them.
Oftentimes, appraisers don't feel like reviews are processed by qualified real estate property valuation professionals.
The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesnt go quite far enough.