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NCUA RIN: 3133-AE36 Publication ID: Spring 2015 
Title: Appraisals--Availability to Applicants; and Requirements for Transactions Involving an Existing Extension of Credit 
Abstract:

In response to comments received during NCUA's 2013 annual regulatory review, the Agency proposed to amend its appraisal requirements. Specifically, the proposed rule amended the NCUA's requirement for making appraisals available to applicants and the appraisal requirements for transactions involving an existing extension of credit. The rule was finalized without change.  These changes will reduce unnecessary regulatory burdens on credit unions.  This rulemaking is completed.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 701.31    12 CFR 722.3   
Legal Authority: 12 U.S.C. 1766    12 U.S.C. 1789    12 U.S.C. 3339    15 U.S.C. 1601 et seq.    42 U.S.C. 1981    42 U.S.C. 3601 to 3610   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/26/2014  79 FR 36248   
NPRM Comment Period End  08/25/2014 
Final Action  12/19/2014  79 FR 75746   
Final Action Effective  01/20/2015 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.ncua.gov/Legal/Regs/Pages/FIRegulations.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