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| TREAS/OCC | RIN: 1557-AD64 | Publication ID: Fall 2015 |
| Title: Minimum Requirements for Appraisal Management Companies | |
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Abstract:
The OCC, FRB, FDIC, FHFA, NCUA, and CFPB issued a final rule that sets minimum standards for State registration and supervision of appraisal management companies (AMCs). The rule- implements the minimum requirements in section 1473 of the Dodd-Frank Act to be applied by States in the registration and supervision of AMCs. The rule also- implements the requirement in section 1473 of the Dodd-Frank Act for States to report to the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council the information needed by the ASC to administer the national registry of AMCs. |
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| Agency: Department of the Treasury(TREAS) | 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 34 | |
| Legal Authority: 12 USC 1 et seq 12 USC 25b 12 USC 29 12 USC 93a 12 USC 371 12 USC 1465 12 USC 1701j-3 12 USC 1828(o) 12 USC 3331 et seq 12 USC 5101 et seq 12 USC 5412(b)(2)(B) | |
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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 Data Printed in the FR: No | |
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Agency Contact: Mitchell Plave Special Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW, Washington, DC 20219 Phone:202 649-6285 Email: mitchell.plave@occ.treas.gov |
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