ASC Appraisal Subcommittee
Credit, Mortgage, Appraisal
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ASC Members and Staff

Members:

The ASC has six members, each designated by the head of his or her agency. ASC members serve at the discretion of their agency heads and have no set term. The ASC’s Chairperson is appointed for a two-year term by the Federal Financial Institutions Examination Council ("FFIEC"). The ASC members are:

  • Virginia Gibbs     Chairperson
    Senior Supervisory Financial Analyst
    Division of Banking Supervision and Regulation
    Board of Governors of the Federal Reserve System
  • Steven D. Fritts     Member
    Associate Director, Risk Management/Examination Support
    Federal Deposit Insurance Corporation
    Division of Supervision and Consumer Protection
  • Larry Fazio     Member
    Deputy Executive Director
    National Credit Union Adminstration
  • Deborah S. Merkle     Member
    Project Manager
    Credit Risk, Supervision Policy
    Office of Thrift Supervision
  • Vance S. Price     Member
    National Bank Examiner, Group Leader - Commercial Credit
    Credit & Market Risk Division
    Office of the Comptroller of the Currency
  • Peter Gillispie     Member
    Home Program Policy Specialist
    Office of Single Family Housing/Home Valuation Policy Division
    Department of Housing and Urban Development

Staff:

  • Denise Graves, Deputy Executive Director (denise@asc.gov) Phone:(202)289-2735 The Deputy Executive Director, as a senior staff position of the ASC, reports to the Executive Director and serves as the principal advisor to the Executive Director. The Deputy Executive Director is responsible for supervising the day-to-day operations of the State field review program and is responsible for assisting the Executive Director in carrying out all ASC responsibilities.
  • Vicki Ledbetter, Acting Exec. Dir. & Appraisal Policy Manager (vicki@asc.gov) Phone:(202)365-5341 Assists in policy oversight and program analysis, development and implementation. Monitors State programs for compliance with Title XI. Maintains liaison with the Appraisal Foundation, appraisal organizations, and Federal regulatory agencies. Has primary responsibility for the following States and Territories:
     
    Florida Illinois Indiana
    Iowa Maine Massachusetts
    New York North Carolina Oregon
    Pennsylvania Puerto Rico Wisconsin
    Wyoming
     
  • (Vacant), Executive Director () The Executive Director is the senior staff position of the ASC and is the primary management official responsible for supervising the day-to-day operations of the ASC and ASC staff. Under direction of the ASC, the Executive Director is responsible for implementing ASC policies, developing programs and procedures, making policy recommendations to the ASC members, evaluating ASC performance, and keeping ASC members apprised of ASC activities.
  • Alice Ritter, General Counsel (alice@asc.gov) Is responsible for the ASC’s professional, legal work. Serves as legal advisor to the ASC, its Executive Director, and the ASC staff. Renders legal advice regarding statutes and other laws relating to the regulation of the appraisal industry and ASC operations.
  • Vacant, Appraisal Policy Manager - Contact Denise Graves (denise@asc.gov) Assists in policy oversight and program analysis, development, and implementation. Monitors State programs for compliance with Title XI. Maintains liaison with the Appraisal Foundation, appraisal organizations, and Federal regulatory agencies. Has primary responsibility for the following States:
     
    Alaska California Connecticut
    Delaware Georgia Guam/CNMI
    Louisiana Michigan Mississippi
    Missouri Nevada New Jersey
    Tennessee Texas
     
  • Kristi Klamet, Appraisal Policy Manager (kristi@asc.gov) Phone:(202)441-9935 Assists in policy oversight and program analysis, development, and implementation. Monitors State programs for compliance with Title XI. Maintains liaison with the Appraisal Foundation, appraisal organizations, and Federal regulatory agencies. Has primary responsibility for the following States:
     
    Arizona Arkansas Colorado
    Kansas Kentucky Maryland
    Minnesota Nebraska Ohio
    Oklahoma Rhode Island South Carolina
    South Dakota
     
  • Jenny Howard Tidwell, Appraisal Policy Manager (jenny@asc.gov) Phone:(202)441-1538 Assists in policy oversight and program analysis, development and implementation. Monitors State programs for compliance with Title XI. Maintains liaison with the Appraisal Foundation, appraisal organizations, and Federal regulatory agencies. Has primary responsibility for the following States and Territories:
     
    Alabama D.C. Hawaii
    Idaho Montana New Hampshire
    New Mexico North Dakota Utah
    Virgin Islands Virginia Vermont
    Washington West Virginia
     
  • Lori Schuster, Administrative Officer (lori@asc.gov) Provides management and support for all administrative ASC functions, including personnel, procurement, accounting, and record-keeping.
  • Ray Seward, Information Systems Specialist (ray@asc.gov) Provides technical and administrative data processing support for the ASC, including administration of the local area network, Internet Web site, and National Registry of State Certified and Licensed Appraisers.
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