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FDIC | RIN: 3064-AE87 | Publication ID: Spring 2019 |
Title: Appraisal Threshold for Residential Estate Transactions; Exemption From Appraisals of Real Property in Rural Areas; Appraisal Review | |
Abstract:
The FDIC plans to develop a joint rulemaking with the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the National Credit Union Administration (the Agencies) to implement section 1127 of title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (Title XI). Section 1127 amends title XI to exempt certain real property transactions in rural areas from appraisal requirements if certain conditions are met. |
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 323 | |
Legal Authority: 12 U.S.C. 3356 |
Legal Deadline:
None |
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Timetable:
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Additional Information: E-mail: Comments@FDIC.gov. Include RIN 3064-AE87 on the subject line of the message. | |
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: www.fdic.gov/regulations/laws/federal/ | Public Comment URL: www.fdic.gov/regulations/laws/federal/ |
RIN Data Printed in the FR: No | |
Related RINs: Merged with 3064-AE86 | Related Agencies: Joint: TREAS/OCC, FRS, NCUA; |
Agency Contact: Beverlea Gardner Senior Examination Specialist Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20459 Phone:202 898-3640 Email: bgardner@fdic.gov Benjamin K. Gibbs Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20459 Phone:202 898-6726 Email: begibbs@fdic.gov Mark A. Mellon Counsel, Legal Division Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3884 Email: mmellon@fdic.gov Lauren A. Whitaker Attorney Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20459 Phone:202 898-3872 Email: lwhitaker@fdic.gov |