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White Paper Is Released on Use of Commercial Evaluations by Banks

Commercial banks are under-utilizing evaluations according to a White Paper jointly written by Boxwood's Randy Fuchs and George Mann, MAI, SRA, AI-GRS. The authors argue that status quo appraisal practices and some misinterpretation of the Interagency Appraisal and Evaluation Guidelines among bankers have resulted in suboptimal use of evaluations. Conservative use, in turn, has deterred sizable opportunities for real-world cost savings especially for subsequent transactions.

Download the White Paper from this page on Boxwood's client service web site, SmallBalance.com.