The appraisal threshold for real estate transactions secured by a 1-to-4 family residential property will rise from $250,000 to $400,000 under a final rule issued Friday by federal banking agencies, but banks will still be […]
Information on appraisal management company (AMC) registration requirements, and how banks can satisfy real estate appraisal requirements if no state-supervised AMC is available, is provided in a bulletin issued Monday by the Office of the […]
A final rule with revisions to the Volcker Rule, which generally prohibits proprietary trading by banks with more than $10 billion in consolidated assets, is the top item for discussion Aug. 20 during the next […]
The one-year waiver from appraiser credentialing requirements approved last month for North Dakota is effective, or “applicable,” as of Wednesday (Aug. 7), according to a notice the same day in the Federal Register. The waiver, […]
A final rule for credit unions that raises to $1 million the threshold for commercial real estate transactions subject to required appraisals from state-certified appraisers was approved Thursday by the National Credit Union Administration (NCUA) […]
Credit unions may see a final rule approved next week that would remove the need to obtain real estate appraisals for certain commercial real estate loans under $1 million. The National Credit Union Administration (NCUA) […]
An unofficial “staff version” of the recently amended portion of the federal law that established requirements for uniform real estate appraisals was published online Friday by the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee […]
The Federal Reserve Board has joined with the other two federal banking regulators in inviting public comment on a proposal to exempt real estate transactions below $400,000 from federal real estate appraisal requirements, the agency […]
A proposed rule to implement a relief law exemption from real estate appraisal requirements for certain residential real estate transactions involving $400,000 or less will be issued jointly by three federal banking regulators for a […]
A form developed by the federal financial institution regulators and the consumer financial protection agency to facilitate formal complaints related to real estate appraisal practices is in the process of being renewed by the Office […]
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