Credit Unions, Other Groups Urge Regulators To Simplify Appraisal Disputes
By CU Today Staff —
WASHINGTON--Together with other organizations, America’s Credit Unions and the Defense Credit Union Council sent a letter to federal housing regulators on implementing provisions to modernize the appraisals process.
The Appraisal Modernization Act, enacted as part of the 21st Century ROAD to Housing Act, aims to increase transparency and establish a standardized process for reviewing and resolving disputed home appraisals, ACU noted.In the letter, the organizations:
Originally reported by CU Today.