This is the General Accounting Office Study provided to Congress and is the basis of proposed oversight of appraisers and AMCs. It reiterates all of the normal talking points that attempt to justify HVCC and Dodd-Frank.
It fails to answer the one question that is the most important for the continued health of the professional real estate appraiser industry “Who will teach the next generation of appraisers if all of the profit margin for the small business professional appraiser is absorbed by the Appraisal Management Marketing firms?”
If you would like to contact the author and have him address any issues you may have it is:
William Shear (202) 512-8678 email@example.com