Rules related to regulatory relief in response to the coronavirus crisis, as well as those implementing legislative changes related to the agency’s liquidity facility for credit unions, are on the agenda for the board of […]
The federal credit union regulator will consider a final, new policy regarding statutory prohibitions of individuals from financial institution service – called the agency’s “second chance” proposal – and a proposal on residential real estate […]
Title: Real Estate Appraisals Subject: Appraisals Agency: FDIC, Federal Reserve, OCC Status: Final Summary: The OCC, Board, and FDIC (collectively, the agencies) are adopting a final rule to amend the agencies’ regulations requiring appraisals of […]
The chairman and vice chairman (for supervision) of the Federal Reserve will be on the podia this week, and the board of the federal insurer of bank deposits will be the first bank regulator to […]
The Federal Financial Institutions Examination Council’s (FFIEC) Appraisal Subcommittee (ASC), which oversees states’ real estate appraisal programs, is set to hold its next open meeting at 10 a.m. ET on Aug. 28 in Washington. Reports […]
Title: Real Estate Appraisals Subject: Appraisals Agency: NCUA Status: Final rule Summary: The NCUA Board is amending the agency’s rule requiring real estate appraisals for certain transactions. The final rule accomplishes four objectives: increasing the […]
New rules on fidelity bonds and real estate appraisals from the federal credit union regulator are set to take effect Oct. 22, according to Federal Register notices published Wednesday. The NCUA Board approved the two final rules […]
Legislation that aims for more flexibility in fees charged for appraisals, establishes federal consumer financial protection agency oversight in development of credit scoring models, and that mandates the title of “chair” (rather than chairman) for […]
Comments due on Interagency Appraisal Complaint Form The Office of the Comptroller of the Currency (OCC) is extending until May 3 the comment period on the Interagency Appraisal Complaint Form, a document developed and approved […]
Comments on whether to consider changing a form for gathering and reporting complaints about appraisals will be due in early May after a previous comment period generated no comments at all, according to filings published […]
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