Minimum Requirements for Appraisal Management Companies

doi:s://www.fdic.gov

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Retired

This Document Has Been Retired.

Minimum Requirements for Appraisal Management Companies

04/30/2015
Inactive Financial Institution Letters (FILs)

[PDF-148.95 KB]

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Details:

Publisher's site:

https://www.fdic.gov
Corporate Authors:

Federal Deposit Insurance Corporation (FDIC)
Description:

The agencies1 issued a final rule to implement the minimum requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act for the registration and supervision of appraisal management companies (AMCs). An AMC is an entity that meets the statutory appraiser panel threshold size and provides certain types of appraisal management services in connection with valuing a consumer’s principal dwelling as security for a consumer credit transaction or incorporating such transactions into securitizations.
Subject:

[+]

Lending / Investments
Dataset Download URL:

https://www.fdic.gov/news/financial-institution-letters/2015/fil15019.pdf
Format:

PDF
Release Date:

04/30/2015
Update Date:

08/19/2015
Withdrawn Date:

01/22/2020
Agencies Involved:

Federal Deposit Insurance Corporation (FDIC);Federal Financial Institution Examination Council (FFIEC);
Fdic Employee Involved:

Beverlea S. Gardner
Law Involved:

Dodd-Frank Wall Street Reform and Consumer Protection Act
Source:

FDIC Website
Memorandum To:

FDIC-Supervised Institutions
FIL Number:

FIL-19-2015
Main Document Checksum:

[+]

urn:sha256:dca6b0df4d479589300bbf3683b8d5da3d02b72940c2ab199292786f1f0b7ac4
Download URL:

https://archive.fdic.gov/view/fdic/6926/fdic_6926_DS1.pdf
File Type:

No Additional Files

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Retired

Minimum Requirements for Appraisal Management Companies

Details:

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