Search Results for keywords:"Appraisal Subcommittee"

Found 13 results

Search Results: keywords:"Appraisal Subcommittee"

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  • 2024-28909 — Appraisal Subcommittee; Notice of Meeting
    Type:Notice
    Citation:89 FR 99261
    Reading Time:less than a minute

    The Appraisal Subcommittee of the Federal Financial Institutions Examination Council held a special closed meeting on November 13, 2024. The meeting took place virtually via Teams at 11:54 a.m. ET. The sole discussion item was a personnel matter, and no decisions were made during this meeting. The notification of the meeting is in line with the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

    Simple Explanation

    The Appraisal Subcommittee had a secret online meeting to talk about something related to their workers, but they didn't decide anything. They didn't say exactly what it was about, and they didn't explain why the meeting was private.

  • 2024-27698 — Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs
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    Type:Proposed Rule
    Citation:89 FR 96912
    Reading Time:about 2 hours

    The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council has proposed a rule to guide its enforcement powers over the effectiveness of Appraiser and Appraisal Management Company (AMC) Programs managed by State Appraiser Regulatory Agencies. This proposed rule aims to formalize the current compliance review process with some modifications, requiring evaluation of program effectiveness and setting requirements for maintaining effective programs. It also authorizes the ASC to take enforcement actions, such as issuing warnings or suspending programs that do not meet effectiveness standards. Public comments on this proposal are invited by February 4, 2025.

    Simple Explanation

    The Appraisal Subcommittee wants to make sure that people who judge house prices are doing a good job, and if they aren't, the Subcommittee can remind them or stop them until they fix the problems.

  • 2025-02538 — Appraisal Subcommittee; Notice of Meeting
    Type:Notice
    Citation:90 FR 9431
    Reading Time:less than a minute

    The Appraisal Subcommittee of the Federal Financial Institutions Examination Council announced a special closed meeting that took place virtually on February 5, 2025. During the meeting, they discussed State Compliance Reviews and a personnel matter, but no actions were taken. This meeting was held pursuant to section 1104(b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

    Simple Explanation

    The Appraisal Subcommittee had a private online meeting to talk about checking if states are following the rules and to discuss something about one of their workers, but they didn't make any big decisions or changes.

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