« FDIC Office of Inspector General Reports | Main | Underwriting the Appraisal Webinar »

February 04, 2010

February 04, 2010

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

Posted by Commercial Appraiser on March 3, 2010 04:09 PM |

TrackBack

TrackBack URL for this entry:
http://harriscompanyrec.com/blog-mt/mt-tb.fcgi/1006


Hosting by Yahoo!
[ Yahoo! ] options

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)