An analysis conducted by the Appraisal Institute of failed banks shows
that nearly two-thirds had been previously cited by federal bank examiners or
had ongoing appraisal administration problems, highlighting a significant
weakness in many struggling financial institutions.
For
a copy of the analysis, visit www.appraisalinstitute.org/newsadvocacy/downloads/key_documents/FDIC_MaterialLossReview_Appraisal.pdf.
Source: Appraisal Institute
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