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The NCUA is preparing a proposed rule for public comment that would amend its regulations requiring appraisals of real estate for certain transactions.  The proposal would increase the threshold level at or below which appraisals would not be required for commercial real estate transactions.  The proposed change to the appraisal threshold reflects comments received through the Economic Growth and Regulatory Paperwork Reduction Act regulatory review process, which NCUA voluntarily complies with and completed in early 2017.  For commercial real estate transactions with a value at or below the proposed threshold, the proposed rule would require institutions to obtain an evaluation of the real property collateral that is consistent with safe and sound practices if the institution does not obtain an appraisal by a state certified or licensed appraiser.