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TOPICS, COMMENTS OR CONCERNS OF THE APPRAISAL INDUSTRY

Call for Comments
March 24th, 2018 9:32 PM
The Appraisal Subcommittee wants to hear from appraisers on Tristar Bank's request for appraisal waivers.  The comment period is open until April 9, 2018.  VaCAP has previously participated in a group letter with other organizations and expressed our concerns on this topic. We will once again be part of a group letter as well as send in our own comments. 

It is important for every appraiser to submit comments on how this is a dangerous slippery slope if the waiver is granted. Consumer protection is the issue and the door will be open for others to follow and this could really snowball, impacting non rural areas as well. See the  previously sent letter here

To post your comments, follow this link to the Federal Register for instructions. 

Posted by Virginia Coalition of Appraiser Professionals on March 24th, 2018 9:32 PMPost a Comment

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