What is, and isn’t, an FRT, and why does it matter? Federally Related Transactions (FRTs) are a commonly misunderstood aspect of the appraisal regulatory system. According to A White Paper on the Federal Banking Agencies’ Arbitrary and Capricious Efforts to Exempt the Vast Majority of Federal Real Estate Related Financial Transactions from Title XI of FIRREA’s Appraisal Reform, published by …Read More »
John D. Russell, JD is Senior Director of Government Relations and Business Development for ASA. John joined ASA in October 2009 and developed the organization’s internal government relations department, and works on legislative and regulatory issues affecting ASA’s members. Additionally, he worked as project manager during the ASA-National Association of Independent Fee Appraisers (NAIFA) merger, and developed a collaborative agreement with the Canadian National Association of Real Estate Appraisers (CNAREA). John also serves as ASA’s representative to the Appraisal Foundation Advisory Council (TAFAC) and was elected to represent TAFAC on the Board of Trustees of the Appraisal Foundation. He has a Juris Doctor from the Syracuse University College of Law, a Bachelor of Arts in Broadcasting and Mass Communications from the State University of New York at Oswego, and an honorary Designated Appraiser Residential credential from CNAREA. He lives in Potomac, Maryland with his wife and two children.