On June 20th, Jeff Dickstein, Pro Teck’s Chief Compliance Officer, testified on Capital Hill before the Subcommittee on Housing, Community Development and Insurance.
“What’s Your Home Worth? A Review of the Appraisal Industry” brought together five industry experts to share ideas with committee members.
Items discussed in Jeff’s testimony included:
- The introduction of H.R. 2852 and S.1722, which would permit licensed real estate appraisers to perform FHA appraisals. Adding licensed appraisers to FHA panel would help with “shortages” in some areas.
- Adding trainees to the National Registry so that lenders could verify their trainee license through the ASC, easing the ability of lenders to engage trainees and attracting new entrants into the appraisal field.
Jeff’s full testimony can be read by clicking here.
For further details and video of the proceedings, please click here.