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NCUA proposal could put appraisal profession back in ‘crisis’ mode
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The National Credit Union Administration (NCUA) is proposing the idea of quadrupling the appraisal threshold concerning nonresidential real estate loans from $250,000 to $ 1 million.
Appraisal Institute (AI) President Stephen S. Wagner addressed his concerns about the NCUA’s proposal by way of an article he composed suggesting such a move could send the profession back to the financial crisis period appraisers felt in 2008.
Valuation Review reached out to Wagner to get his thoughts.
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