Strengthening State Appraiser and Appraisal Management Company Regulatory Programs
Recently, the National Association of REALTORS® (NAR) responded to the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council’s request for comments on a proposed rule on “ASC Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company (AMC) Regulatory Programs.” This rule would implement a framework to govern the ASC’s enforcement…