Regulators Pose New Real Estate Appraisal Rules
The regulators issued a joint statement Thursday asking for public comment within 60 days for the guidelines, which would replace 1994 appraisal rules. The new guidelines tighten appraisal standards and ensure that appraisers are independent and don't benefit from mortgage transactions.
The regulators included the Federal Reserve System, the Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Office...
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