State House-NYMBA

What’s New in Albany

Senate and Assembly approve State AMC Licensing Bill–Awaiting Governor Cuomo’s signature June 21, 2018:  Both branches of the NYS Legislature approved the long sought after AMC licensing bill, as required by Dodd-Frank.  When approved, all 50 states will be compliant by having passed legislation that establishes guidelines  for  Appraisal Management Companies, a federal mandate effective August 2018.

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