WASHINGTON - The national board that sets appraisal standards is expected to propose today relaxing requirements for a certified appraisal.

The move could make it simpler and cheaper for banks to get property valuations. It also could defuse a controversy raging at the bank regulatory agencies: whether to raise the threshold for loans that must have a certified appraisal.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.