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NCUA | RIN: 3133-AE36 | Publication ID: Spring 2014 |
Title: ●Appraisals - Availability to Applicants; and Requirements for Transactions Involving an Existing Extension of Credit | |
Abstract: In response to comments received during NCUA's annual regulatory review, the Agency is now proposing to amend its appraisal requirements. In particular, the proposed rule would amend the NCUA's requirement for making appraisals available to applicants and the appraisal requirements for transactions involving an existing extension of credit. NCUA believes these changes will reduce unnecessary regulatory burden on credit unions. | |
Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 701.31 12 CFR 722.3 | |
Legal Authority: 42 USC 1981 42 USC 3601 to 3610 15 USC 1601 et seq 12 USC 1766 12 USC 1789 12 USC 3339 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: www.ncua.gov/Legal/Regs/Pages/PropRegs.aspx | |
RIN Data Printed in the FR: No | |
Agency Contact: John H. Brolin Senior Staff Attorney National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 518-6438 Fax:703 518-2255 Email: jbrolin@ncua.gov |