In the course of doing business AMCs are asked to have a field review performed on an appraisal report that the AMC previously ordered from one of their panel members. Can those reviews be counted in the 2% required by TALCB rule?
Submitted by Christine Anderson on Wed, 2014-08-06 13:50Yes. TALCB is not interested in the underlying reason for a review. Regardless of who requests the review and as long as the appraisal review is ordered through the AMC, the review may be counted in the 2% required by TALCB rule (22 Tex. Admin. Code § 159.155)