I’m pleased to report that AI has taken another important step in its ongoing advocacy efforts on behalf of the valuation profession! Learn more about that and other important updates during the past month.
AI Submits Letter to ASC Opposing Appraisal Waivers
The Appraisal Institute on Dec. 7 joined nearly two dozen valuation organizations in submitting a letter to the Appraisal Subcommittee regarding a request from TriStar Bank for a temporary waiver of certain requirements to utilize a certified appraiser under Title XI of FIRREA.
If the waiver is approved, it would apply to all institutions, not just the requesting organization.
Read the letter.