WASHINGTON -- Registered real estate appraisers are fighting back with a lawsuit over a regulation that would slash their share of the home-sale business.

In the 1989 thrift bailout law, Congress directed that insured financial institutions seek valuations from state-certified or licensed appraisers before making real-estate-related loans.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.