ASC Holds Third Hearing on Appraiser Bias

Originally published on November 1, 2023, by the Federal Financial Institutions Examination Council’s Appraisal Subcommittee (ASC).

On Wednesday, November 1, 2023, the Federal Financial Institutions Examination Council’s Appraisal Subcommittee (ASC)  held its third public hearing on appraisal bias to discuss how a residential appraisal is developed and reviewed, the process for reconsiderations of value for residential real estate valuations, and the development of rural appraisals.

 

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