Appraisal Subcommittee

The Appraisal Subcommittee (ASC) is a federal body within the United States that oversees the appraisal industry to ensure that property appraisals are conducted fairly and accurately. It was created to support the quality and reliability of appraisals, which are essential for real estate transactions and mortgage lending. The ASC sets standards, monitors compliance with regulations, and works with states to maintain a competent workforce of appraisers. Its goal is to promote confidence in the appraisal process, protecting consumers and the integrity of the financial system.