Government Accountability Office Reports On The Status of Study Concerning Appraisal Methods And the Home Valuation Code of Conduct

Section 1476 of the Dodd–Frank Wall Street Reform and Consumer Protection Act 2010 (“Dodd-Frank Act”) requires the Government Accountability Office (“GAO”) to report within 90 days on the status of a GAO study mandated by the Dodd-Frank Act on real estate appraisal issues. The study looks at the effectiveness and impact of options for selecting appraisers, different valuation methods, and the Home Valuation Code of Conduct, which was designed to enhance appraiser independence.

Originally Published: 
19/10/2010