The evolution and future of appraisal regulation
Housing Wire
APRIL 16, 2025
For centuries, property ownership has played a foundational role in human society. In the U.S., homeownership has come to symbolize financial stability and economic opportunity. Real estate is both a tangible asset and a vehicle for wealth creation. Following the Savings & Loan Crisis of the 1980s, Congress recognized the systemic risk posed by flawed property valuations and enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) in 1989.
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