Details:

Publisher's site:
https://www.fdic.gov
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
On August 15, 2012, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency issued the attached Notice of Proposed Rulemaking (NPR) and request for comment on a proposed rule to implement the appraisal requirements for higher-risk mortgages of Section 1471 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1471 adds a new Section 129H to the Truth in Lending Act.
Subject:
[+]
Lending / Investments
Dataset Download URL:
https://www.fdic.gov/news/inactive-financial-institution-letters/2012/fil12036.pdf
Format:
PDF
Release Date:
08/16/2012
Update Date:
08/16/2012
Withdrawn Date:
Not Available
Agencies Involved:
Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);Office of the Comptroller of the Currency (OCC);National Credit Union Administration (NCUA);Federal Housing Finance Agency;Consumer Financial Protection Bureau (CFPB);
Fdic Employee Involved:
Beverlea S. Gardner;Glenn S. Gimble;Mark Mellon;Kimberly Stock;Sandra S. Barker;
Law Involved:
Dodd-Frank Wall Street Reform and Consumer Protection Act;Truth in Lending Act;
Related Regulation:
12 CFR Part 1026
Comment Period End Date:
10/15/2012
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Banks (Commercial and Savings)
FIL Number:
FIL-36-2012
Main Document Checksum:
[+]
urn:sha256:c3fa126977dca278c552feded0bddfec7b52f9c44343353ab89c801e2e9d9882
Download URL:
https://archive.fdic.gov/view/fdic/7061/fdic_7061_DS1.pdf
File Type:

Supporting Files

• Joint Notice of Proposed Rulemaking: Appraisal Requirements for Higher-Risk Mortgages

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