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Terms in this set (17)Fannie Mae and Freddie Mac In the late 1970s, who developed uniform rules for mortgage underwriting? Disintermediation The transfer of money from low interest-bearing accounts to higher interest-bearing accounts is referred to as 1930s When did the first groups of organized appraiser appear in the US? Industry Advisory Council (IAC) Which TAF advisory council consists of for-profit entities? Appraisal Standards Board (ASB) Who retains final authority over revisions to USPAP? False The guidance issued by the APB is binding on real property appraisers. International Valuation Council (IVC) This advisory council is responsible for providing global and international information and support to the Appraisal Foundation. Religion Protected under the Fair Housing Act Appraisal Subcommittee (ASC) Responsible for monitoring state appraiser licensing and certification agencies. The Appraisal Foundation (TAF) Not a member of the Appraisal Subcommittee (ASC). Dodd-Frank Act Which act gave ASC the authority to create a National Registry of appraisal management companies? American Society of Appraisers The professional society that specializes in appraising personal property. Government agencies The appraisal standards and qualifications criteria issued by the Appraisal Foundation's boards achieves legal authority by adoption, citation, or implementation by who? Appraisal Subcommittee (ASC) Monitors and reviews the practices, procedures, activities and organizational structure of the Appraisal Foundation. Not for profit The Appraisal Foundation (TAF) is _______________. Appraisal Subcommittee (ASC) Monitors state appraiser boards. Board of Trustees (BOT) Four boards of TAF Sets with similar termsChapter 123 terms Kayleelyn19 USPAP CH. 1 INTRO TO USPAP16 terms glenda_wise1 14.1 International Accounting Standards Board- Ove…11 terms ryandaly70 Study guide test 357 terms Nicholas_Leidy Sets found in the same folderBasic Appraisal Principles Ch 16: Market Analysis33 terms glenda_wise1 Basic Appraisal Principles 7575 terms sallymckerney Final Exam75 terms taylorlynnscheibe Basic Appraisal Principles-Chapter 271 terms Navid_Sabeti Other sets by this creatorResidential Site Valuation and Cost Approach: Modu…22 terms glenda_wise1 Residential Site Valuation and Cost Approach - Mod…39 terms glenda_wise1 Residential Site Valuation and Cost Approach: Modu…16 terms glenda_wise1 Residential Site Valuation and Cost Approach - Ch.…28 terms glenda_wise1 Recommended textbook solutions Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Service Management: Operations, Strategy, and Information Technology7th EditionJames Fitzsimmons, Mona Fitzsimmons 103 solutions
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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Other Quizlet setsGeologic Time & Fossil Unit Test Review11 terms Jessica_Moser28 S. Studies Chapter 3: Lesson 3.2 From Old Stone to…12 terms mustang88 BUSA2101 - Midterm 247 terms sierrachristianPLUS CTVA 475 FINAL27 terms GSpirit2000 Related questionsQUESTION What are the 3 unpaired cartilages of the laryngeal skeleton? 11 answers QUESTION What is the medical supply depot directly responsible to the supply battalion commanding officer supporting the medical battalion? 7 answers QUESTION Which knowledge area helps an MA to work in the administrative side of a healthcare facility? 2 answers QUESTION "A program to apply the latest concepts in information technology to improve service productivity." 15 answers Which entity is responsible for appointing members to the ASB and Aqb?The Foundation serves as an umbrella organization for two independent Boards the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). While these boards are independent, the Board of Trustees of the Foundation is responsible for funding, oversight, and appointing members to the Boards.
Which board within the Appraisal Foundation is responsible for the subject style and content of USPAP?Under the provisions of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), the Appraisal Standards Board (ASB) is responsible for writing, amending, and interpreting the Uniform Standards of Professional Appraisal Practice (USPAP).
Who makes USPAP periodic changes?The ASB is responsible for writing, amending and interpreting the Uniform Standards of Professional Appraisal Practice (USPAP). The ASB has five to seven members, appointed by the Foundation's Board of Trustees.
What is the largest professional appraisal society in the US?The Appraisal Institute, the nation's largest professional association of real estate appraisers, is seeking new faces and encourages recent graduates...
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Which TAF advisory council consists of for-profit entities
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