Supervision Plan: Opportunities to Strengthen Real Estate Appraisal Industry Supervision

Author: China Appraisal Association
Publisher:
Publish Date: 2004-04-01
Features: This book is a report by the U.S. Government Accountability Office (GAO) prepared at the request of Congress (May 2003). Mortgage appraisal is one of the main businesses in the appraisal industry and also one of the oldest appraisal businesses in the development history of various countries. It has achieved significant development in traditional economic and social systems. Due to various reasons, asset appraisal in China's financial field faces some serious issues. These issues not only pose a severe threat to China's financial order and the security of financial assets but also greatly damage the image of China's appraisal industry. After exposure by the media, attention has been drawn by various departments. We place great importance on the development of similar industries abroad for reference and learning, and thus published this report by the U.S. Government Accountability Office (GAO) prepared at the request of Congress (May 2003). This book is a report by the U.S. Government Accountability Office (GAO) prepared at the request of Congress (May 2003). Mortgage appraisal is one of the main businesses in the appraisal industry and also one of the oldest appraisal businesses in the development history of various countries. It has achieved significant development in traditional economic and social systems. Due to various reasons, asset appraisal in China's financial field faces some serious issues. These issues not only pose a severe threat to China's financial order and the security of financial assets but also greatly damage the image of China's appraisal industry. After exposure by the media, attention has been drawn by various departments. We place great importance on the development of similar industries abroad for reference and learning, and thus published this report by the U.S. Government Accountability Office (GAO) prepared at the request of Congress (May 2003).