What Does the Appraisal Foundation Do
The Appraisal Foundation Is the Nation’s Foremost Authority on the Valuation Profession. Our Boards Are Responsible for Setting Congressionally-Authorized...
The Appraisal Foundation is the nation’s foremost authority on the valuation profession. Our boards are responsible for setting congressionally-authorized standards and qualifications for real estate appraisers and provide voluntary guidance for all valuation professionals.
What is the purpose of the Appraisal Standards Board?
Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), the Appraisal Standards Board (ASB) is responsible for writing, amending, and interpreting the Uniform Standards of Professional Appraisal Practice (USPAP).
Who monitors appraisal Foundation?
The Appraiser Regulatory System in the United States The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council monitors and reviews the work of The Foundation.