Real Estate Appraisals:
Survey of State Appraiser Regulatory Agencies (GAO-12-198SP, January 2012), an E-supplement to GAO-12-147
GAO-12-198SP: Published: Jan 18, 2012. Publicly Released: Jan 18, 2012.
What GAO Found
This is an E-supplement to GAO-12-147. It provides information on how state appraiser regulatory agencies carry out their responsibilities under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and their views on selected aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which amends Title XI and includes new requirements for these state agencies. Title XI relies on the states to (1) implement the certification and licensing of all real estate appraisers and (2) monitor and supervise compliance with appraisal standards and requirements. This e-supplement includes the questions asked and a summary of the answers given in a survey we conducted of representatives from the agencies. Narrative answers to open-ended questions are not displayed for brevity and to minimize the risk of disclosing the identity of respondents.