GAO Study Finds Appraisal Process Inadequately Monitored; Appraisers Say ‘Don’t Shoot the Messenger’

January 24, 2012

While the Government Accountability Office reported that the Appraisal Subcommittee, which oversees the appraiser regulatory programs established by the states, needs to improve its monitoring procedures, the Appraisal Institute says appraisers are not responsible for the market’s condition.

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