Appraisal Regulations

FIL-62-2018

October 16, 2018

Financial Institution Letter

Appraisal Regulations

Frequently Asked Questions

Summary:

The federal banking agencies (the Agencies) are issuing the attached Frequently Asked Questions (FAQs) on appraisal and evaluation functions. This document was developed in response to recent questions about the agencies' real estate appraisal regulations and guidelines and replaces previous FAQs on the appraisal regulations issued in 2005.

Statement of Applicability to Institutions Under $1 Billion in Total Assets:

This Financial Institution Letter applies to all FDIC-supervised institutions

Distribution:

FDIC-Supervised Banks (Commercial and Savings) 

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