Our own Director of Compliance, Jeff Del Rey, represented PCV Murcor as part of an amazing day on Capitol Hill, working with both Senate and Congressional staff to address the changes and challenges affecting the appraisal industry.
Jeff, as well as more than a dozen other members of the Real Estate Valuation Advocacy Association, held nearly 30 meetings with members and staff of the House Financial Service Committee and Senate Banking Committee. Engaging both sides of the aisle, the delegation covered issues which included the AMC National Registry, modernizing the federal appraisal regulatory structure, and tackling the shortage of appraisers – especially in rural markets.
“I was impressed how well committee members knew our industry,” shared Del Rey. “Avoiding costly disruptions for clients, and more importantly to a consumer’s mortgage experience, is a big part of why we actively pursue solutions with our partners in government,’ continued Del Rey. “I would encourage more voices from the appraisal industry to engage Washington. I’m just fortunate to have been one of them.”
The Real Estate Valuation Advocacy Association (REVAA), is a national 501(c)(6) nonprofit serving as the leading advocate for the residential real estate valuation industry. REVAA members are parties in the procurement and implementation of residential real estate valuation services.
REVAA is actively engaged in the issues most important to the future viability of the industry, including ensuring reasonable and responsible public policy that ensure availability, efficiency and reliability of real estate valuation products and services.
- REVAA members are commit