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State Regulatory Information
In 1989 Congress passed the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), more commonly known as the Savings and Loan Bailout Bill. Title XI of FIRREA set up a real estate appraiser regulatory system involving the Federal Government, the states and The Appraisal Foundation.

The Appraisal Subcommittee of the Federal Financial Institutions Examination Council has the authority to ensure that the states and the Foundation meet the requirements that the states use certifying appraisers and the standards of professional practice to which appraisers are held by the states (the Uniform Standards of Professional Appraisal Practice).

Please contact the Foundation at info@appraisalfoundation.org to learn more about the Foundation's role in real estate appraiser regulation.

 

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