Thirteen States Get a Federal Nudge to Up their Appraisal Regulation Game
Federal regulators are encouraging all states to register and supervise appraisal management companies that contract with licensed and certified appraisers that perform appraisal assignments for banks and other lenders. There are 37 states that already meet the minimum requirements, but the remaining states have 36 months to establish a regulatory structure or face additional measures. [5/1/15]