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ABA: NCUA appraisal proposal creates inconsistent standard-Part 1
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A recent proposal by the National Credit Union Administration (NCUA) to raise the threshold at which credit unions must obtain appraisals for commercial real estate transactions from $250,000 to $1 million.
According to the report, this would create an environment where the playing field between banks and credit unions would not be very level, the American Bankers Association (ABA) said in a comment letter to the NCUA.
Read on for more information about this proposal.
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