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 […]
The coming week includes a mix of regulatory agency proceedings, congressional hearings and public remarks addressing federal financial institution regulators and their policies. First up here is the winding down of the public comment period […]
The public comment periods close this week on banking agencies’ proposal to raise the real estate appraisal threshold for banks to $400,000 and, separately, a proposed adjustment in the funds-availability amounts under Regulation CC. Both […]
Following up on its announcement Tuesday of a proposed ruling increasing the threshold for real estate appraisals, the federal insurer of bank deposits Wednesday issued a letter to insured banks and thrifts about the proposal […]
Mortgage loans that are “higher-priced” under federal mortgage rules and that don’t exceed $26,700 will be exempt from federal appraisal requirements in 2019, federal banking and consumer protection agencies said in an announcement Wednesday. The […]
The Federal Deposit Insurance Corp. (FDIC) is accepting comments until Sept. 13 on a renewal of an existing information collection – Minimum requirements for appraisal management companies – involving recordkeeping and reporting requirements affecting participating […]
A bulletin on a recent final rule raising the commercial real estate (CRE) appraisal threshold from $250,000 to $500,000 was issued Wednesday by the Office of the Comptroller of the Currency (OCC). The OCC bulletin […]
The federal panel that sets real estate appraisal requirements and rules will open its national registry of appraisal management companies (AMCs) to the states by July 16, six weeks later than originally planned. States that […]
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) will hold an open meeting April 23 to discuss a temporary waiver requested by TriStar Bank, Dickson, Tenn.
A request from TriStar Bank for a one-year waiver from the federal requirement to use certified appraisers in real estate transactions will be taken up by the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee […]
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