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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

Timetable: Action Date FR Cite NPRM  05/00/2014

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