The Interagency Appraisal Complaint Form continues to generate concerned comments from industry professionals. The latest comments come from the Appraisal Institute and the American Society of Farm Managers and Rural Appraisers (ASFMRA), which penned a letter addressed to the Federal Deposit Insurance Corp. (FDIC), National Credit Union Administration, and Comptroller of the Currency, in hopes of highlighting some of the potential stress points if the current form is put into action.

First a little background, the Interagency Appraisal Complaint Form, along with the Appraisal Complaint Hotline, mandated by the Dodd-Frank Act, aims to collect information about complaints of non-compliance with the appraisal independence standards and the Uniform Standards of Professional Appraisal Practice, including complaints from appraisers,  individuals, financial institutions and others.