Appraiser Board Receives "Excellent" Ratings for Appraiser and AMC Programs
The Louisiana Real Estate Appraisers Board (LREAB) is proud to announce that it has received an “Excellent” rating following a recent compliance audit conducted by the Appraisal Subcommittee (ASC) earlier this summer.
The audit, performed August 26–28, evaluated the Board’s compliance with Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). These federal reviews are conducted on a two-year cycle to ensure each state’s appraiser regulatory programs operate in accordance with national standards.
Louisiana’s Appraiser Regulatory Program and Appraisal Management Company Regulatory Program both earned the highest possible rating of “Excellent,” reflecting the Board’s strong commitment to maintaining integrity, compliance, and professional excellence within the appraisal industry.
2025 Appraisal Subcommittee Compliance Review of Louisiana's Appraiser Regulatory Program