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Appraisal Group Gives Guidance about Privacy.(The Appraisal Institute)(Brief Article)
The Appraisal Institute, a trade group representing appraisers, has given its members guidance on how a banking reform law's privacy disclosure requirements affect the appraisal industry.
"Although Congress did not explicitly make real estate appraisers subject to the privacy provisions in Gramm-Leach-Bliley, the Federal Trade Commission has deemed appraisers to be financial institutions and, therefore, subject to complaince," said Appraisal Institute ...
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