FDIC Raising the Appraisal Threshold
Update: The rule has been published, the FDIC press release can be read here. In the press release are links to the final rule and a copy of the concurrence letter from the CFPB.
Read morePro Teck completes background checks on all of its valuation providers. Each appraiser or broker that performs work for Pro Teck must pass a yearly background check before receiving an order.
Pro Teck’s background checks are performed by SterlingBackcheck, the world’s largest company focused entirely on background checks.
Sterling maintains a centralized database of background checks developed for member-companies of REVAA (Real Estate Valuation Advocacy Association) which Pro Teck is a founding member and sits on its current board.
