Agencies Issue Statement Reaffirming the Role of Supervisory Guidance
Joint Release:
Board of Governors of the Federal Reserve System
Bureau of Consumer Financial Protection
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency
Washington, DC - - (September 11, 2018) - - Five federal agencies today issued a joint statement explaining the role of supervisory guidance for regulated institutions.
The statement from the agencie...
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Agencies Issue Statement Reaffirming the Role of Supervisory Guidance
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Federal Banking Agencies Issue Final Rule to Exempt Commercial Real Estate Transactions of 500,000 Dollars or Less from Appraisal Requirements
Federal Banking Agencies Issue Final Rule to Exempt Commercial Real Estate Transactions of $500,000 or Less from Appraisal Requirements
Washington, DC - - (April 2, 2018) - - The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a final rule that increases the threshold for commercial real estate transactions requiring an appraisal from $250,000 to $500,000. The agencies originally proposed to raise the threshold, which has been in...