The Resource Resolution Trust Corporation: Better Qualified Review Appraisers Needed

Resolution Trust Corporation: Better Qualified Review Appraisers Needed

Label
Resolution Trust Corporation: Better Qualified Review Appraisers Needed
Title
Resolution Trust Corporation: Better Qualified Review Appraisers Needed
Contributor
Subject
Language
eng
Summary
The General Accounting Office's goal was to determine whether RTC had qualified review appraisers to meet its highly complex real estate valuation needs. To do this, we developed composite assessment criteria, determined the education and experience of RTC's review appraisers, compared these factors to the criteria, and identified those individuals that did not appear to meet the assessment criteria based on their level of education and experience, both general and appraisal-related. We also contacted over 30 private sector appraisers to solicit their views on RTC's appraisal practices. To help us develop the criteria and evaluate review appraisers' qualifications, we used an appraisal consultant. In developing our composite criteria, we considered the Appraisal Foundation's and Office of Personnel Management's published qualification criteria. We discussed with eight agencies the criteria they use for hiring appraisers. We also discussed our composite criteria with several senior RTC review appraisers, who generally concurred with the criteria. Our consultant's assessments included an overall ranking, as well as detailed rankings for education, general experience, and appraisal experience. We assessed the qualifications of 51 review appraisers listed in RTC's July 1, 1991, National Directory of Review Appraisal Staff. These individuals were assigned to consolidated field offices and RTC headquarters. We used their job applications to get data on education level and extent of work experience. We independently assessed the accuracy of some information given in job applications. For example, we contacted the Appraisal Institute to verify statements that the appraiser was a member or had a professional designation
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
GENERAL ACCOUNTING OFFICE WASHINGTON DC GENERAL GOVERNMENT DIV
http://library.link/vocab/subjectName
  • Personnel management
  • Ratings
  • Job analysis
  • Finance
  • Test and evaluation
  • Jobs
  • Accounting
  • Education
  • Accuracy
  • Qualifications
  • Personnel
  • Foundations(structures)
  • Directories
  • Advisory activities
  • Housing(dwellings)
  • Economics and Cost Analysis
  • Personnel Management and Labor Relations
  • Structural Engineering and Building Technology
Label
Resolution Trust Corporation: Better Qualified Review Appraisers Needed
Instantiates
Publication
Note
Briefing Report to the Chairman, Commerce, Consumer, and Monetary Affairs Subcommittee, Committee on Government Operations, House of Representatives
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
36 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227824837
  • (OCoLC)ocn227824837
Label
Resolution Trust Corporation: Better Qualified Review Appraisers Needed
Publication
Note
Briefing Report to the Chairman, Commerce, Consumer, and Monetary Affairs Subcommittee, Committee on Government Operations, House of Representatives
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
36 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227824837
  • (OCoLC)ocn227824837

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