Local lender’s request for regulatory relief draws sharp criticism


Appraisers are punching back after a local lender asked regulators for a one-year waiver of mandated appraiser requirements, citing a lack of available appraisers.

In November, Dickson-based TriStar Bank began the waiver process, with CEO Ted Williams telling regulators the region’s boom had impacted the bank’s ability to get appraisals done in a reasonable amount of time, which was negatively impacting its clients. Banks are required to have properties appraised before doing any real estate-related…

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