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Chase Commits $3M to Appraisal Institute’s Diversity Initiative
The Appraisal Institute, Fannie Mae and Freddie Mac said that JPMorgan Chase has made a $3-million commitment to the Appraiser Diversity Initiative. In addition to the Chase commitment, Freddie Mac has joined the Appraiser Diversity Initiative as a core partner, providing additional resources and adviser support.
Chase’s commitment to the Appraiser Diversity Initiative will devote $1 million per year, for three years, to support trainee education packages. This commitment is expected to help approximately 700 students with costs that include textbooks, calculators and purchase of any additional courses required.
“One of the Appraisal Institute’s top priorities is to encourage recent graduates to consider a career in the valuation profession with a particular focus on diversifying our ranks,” said Rodman Schley, president of the Chicago-based Appraisal Institute. “The Appraisal Institute is truly grateful to Chase for making such a major commitment to helping the next generation of appraisers.”
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