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Agencies Raise Appraisal Threshold Exemption

October 3, 2019 By Morey Barnes Yost and Stephen Ornstein

A&B ABstract: A new rule from the federal banking regulators reduces the number of residential mortgage transactions for which an appraisal is required.  The rule also incorporates changes to federal appraisal requirements made by the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018. On September 27, 2019, the Federal Deposit Insurance Corporation, the […]

Filed Under: Appraisal and Valuation, Mortgage Loans Tagged With: #evaluations, #federally related transactions, #FIRREA

Appraisal Foundation Seeks Comment on Evaluation Concept Paper

September 17, 2019 By Morey Barnes Yost

A&B Abstract: With recent and forthcoming changes to federal valuation requirements, the Appraisal Foundation is considering the development of standards for performing evaluations in the USPAP. The Concept Paper: On September 3, 2019, the Appraisal Foundation issued a concept paper on the development of standards for performing evaluations.  The concept paper recognizes the current lack […]

Filed Under: Appraisal and Valuation Tagged With: #evaluations, #USPAP

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