As Reported by The Appraisal Institute:

Michigan became the latest state to enact strict appraiser independence laws, when the Michigan legislature completed action on a group of bills that are intended to ensure that appraisers are able to perform their work without coercion or interference from mortgage lenders, brokers, and servicers. 
 
Of most direct impact to [...]

In the wake of the current housing crisis and record levels of both foreclosures and mortgage fraud, Michigan lawmakers are considering three bills designed to curtail mortgage fraud as well as unscrupulous lending practices. The bills—H.B. 4054, S.B. 343 and S.B. 356— would amend existing legislation to prohibit coercing an appraiser in order to receive [...]