I’m proud to report that AI is continuing its advocacy on critical valuation issues!
AI Opposes Proposed CRE Appraisal Threshold Increase
I hope you noticed that the Appraisal Institute joined 17 other organizations Dec. 4 in saying it “strongly opposed” the National Credit Union Administration’s plan to reduce the number of non-residential real estate loans requiring appraisals.
AI said it opposed the NCUA’s proposal to quadruple – from $250,000 to $1 million – the appraisal threshold for non-residential real estate loans.
Read more about this important issue.