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ASC TriStar Waiver Request Denied

Apr 23, 2018

The Appraisal Subcommittee has denied the ASC TriStar waiver request. On April 9, the American Society of Appraisers along with 25 other national and state appraiser organizations – filed comments with the Appraisal Subcommittee expressing their opposition to the appraiser waiver request filed by TriStar Bank. In the letter, the groups emphasize the lack of an support for TriStar’s request among 37 informal comment filed prior to the opening of the formal notice-and-comment process, as well as the fact that TriStar’s claimed shortage of appraisers was contrary to several readily available registries and lists. For more information on the letter and the organizations opposed, click here.