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 […]
#evaluations
Appraisal Foundation Seeks Comment on Evaluation Concept Paper
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 […]