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ABA Hosts Meeting to Address Rural Appraiser Shortage

Posted on 9/24/2015

To help address the pending shortage of rural property appraisers-and the implications for agricultural and commercial credit in rural communities-ABA's Center for Agricultural and Rural Banking and ABA's Commercial Real Estate Committee convened a meeting last week of key stakeholders from the banking industry, federal government, appraisal industry, and others.

The group discussed how an appraiser shortage would affect their institutions and whether and how changing the requirements to become an appraiser would ease the shortage. ABA will lead the group in submitting comments and testimony before the Appraisal Qualification Board's Oct. 16

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