Appraisal Institute Analysis Shows Two-Thirds of Failed Banks Cited for Appraisal Problems

Arnold%20Credit%20Crunch An analysis conducted by the Appraisal Institute of failed banks shows
that nearly two-thirds had been previously cited by federal bank examiners or
had ongoing appraisal administration problems, highlighting a significant
weakness in many struggling financial institutions.

 

For
a copy of the analysis, visit
www.appraisalinstitute.org/newsadvocacy/downloads/key_documents/FDIC_MaterialLossReview_Appraisal.pdf.

Source: Appraisal Institute

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