Independent Agency
Appraisal Subcommittee of the Federal Financial Institutions Examination Council
ASCFFIEC
About
The mission of the Appraisal Subcommittee (ASC) is to ensure that the appraisal regulatory system promotes real estate appraisals that are conducted with accuracy, independence, and impartiality, in compliance with federal and State regulations. It is a subcommittee of the Federal Financial Institutions Examination Council (FFIEC) and was established by the Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (Pub. L. 101-73).