Thank you for replying! We are thinking that 'date' may be their registration date or internal policy date or something. The rule is clearly not new. They did say that the larger multi-state Appraisal companies, or those that are publicly owned/traded are fighting IL on this rule. Many smaller banks don't want to do the full due diligence on AMCs (us included). So they are losing our business for now.
We're all here 'cause we've lost control.