I’m excited to report that the Appraisal Institute has once again enhanced its role as the valuation profession’s thought leader! 

Appraisal Institute Opposes Bills Raising Thresholds for SBA Loans

Once again, the Appraisal Institute’s advocacy efforts are at the forefront of the profession. AI urged the U.S. House of Representatives on Sept. 24 to turn back legislation that would virtually eliminate appraisal requirements for the Small Business Administration’s two largest loan programs.

In its letter to Congress, AI said the legislation – which passed the House on voice votes – may result in the elimination of nearly all appraisal requirements in one of the highest risk lending programs in the United States. AI will continue its opposition in the Senate.

Learn more.

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Jim Amorin Hired as CEO

The Appraisal Institute announced Aug. 21 the hiring of Jim Amorin, MAI, SRA, AI-GRS, as chief executive officer. Amorin had served as acting CEO since August 2017.

Jim has unique experience and expertise from serving twice as president, almost eight years on the Executive Committee and nearly 15 years on the Board of Directors. He has a special understanding of the challenges facing appraisers and the profession and will ensure that all decisions are approached from the appraiser’s perspective. While many qualified candidates applied for the position, the AI Board of Directors decided Jim was the best suited for the position based on his experience, knowledge, skills and passion for the profession.

Learn more about Jim Amorin’s hiring.

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