2019 ASC Annual Report

The ASC's 2019 Annual Report is available and can be viewed here. It can also be found under the "Annual Report" subtab under the "About the ASC" tab. Due to the COVID-19 Health Emergency, and concerns of shipping and handling, the ASC is not making hard copies available this year.

ASC Special Meeting held July 29, 2020

The ASC met in a Special Meeting on July 29, 2020, and voted to approve, subject to approval by the Federal Financial Institutions Examination Council (FFIEC), an Order extending temporary waiver relief of appraiser credentialing requirements for appraisals of federally related transactions (FRTs) under $1,000,000 for commercial real estate transactions throughout the State of North Dakota for an additional one-year period and subject to specified terms and conditions.

FFIEC approval of the North Dakota temporary waiver extension approved by the ASC on July 29, 2020

The Federal Financial Institutions Examination Council met on August 7, 2020, via WebEx, and a quorum of the Council being present, took the following action: pursuant to § 1119(b) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, the Council approved the temporary waiver extension approved by the Appraisal Subcommittee (ASC) on July 29, 2020, as follows:

Notice of Funding Availability for Training and Technical Assistance to State Appraiser and AMC Programs

The Appraisal Subcommittee (ASC) released a Notice of Funding Availability today to identify a partner to work closely with the ASC in the development and delivery of high-quality training and technical assistance to State appraiser and appraisal management company (AMC) regulatory programs. The deadline for applications is Wednesday, November 18, 2020 at 8:00 p.m. ET.

Please reach out to Mark Abbott at Mark@asc.gov with any questions you may have. The ASC will post dates for upcoming technical assistance calls on the Training and Technical Assistance Grants page

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