Lesson Summary. Cognitive psychology is the branch of psychology that focuses on the way people process information. It looks at how we process information we receive and how the treatment of this information leads to our responses.
County Appraisal District Chief Appraiser. The chief appraiser is the head of the county appraisal district appraisal office. The board of directors appoints and directs the chief appraiser and it also determins the chief appraiser's compensation.
It is the valuation of the collateral that creates the need for a lender to. use the services of a professional appraiser. A professional appraiser is an integral. part of the collateral valuation, whether it is real property or personal property. The. primary purpose of this guide is to assist the lender in working with the appraiser to. properly value the collateral as part of the loan underwriting process.