Fed Issues Interim Final Rule on Appraisal Independence by the Consumer Financial Services Group The Federal Reserve Board has issued an interim final rule on appraisal independence requirements , implementing amendments made to the Truth in Lending Act by the dodd-frank wall street reform and Consumer Protection Act.
II. Description of the Final Rule The OCC is adopting the amendments as proposed with the removal of the technical amendments to 12 CFR part 4 and one clarifying change to 12 cfr 9.13 (custody of fiduciary assets). A section-by-section discussion of the proposed rule, the public comments received, and the resulting final rule are set forth below.
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The interim final rule is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law by President Obama earlier this year. Compliance will be mandatory on April 1, 2011. public comments are due 60 days after the interim final rule is published in the Federal Register, which is expected soon said the Fed.
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No . Indicate by check mark if the registrant is not required to file.
In its recent revisions to Regulation Z (2010), the federal reserve updated the Interim Final Rule which applies to any person who performs valuation services, performs valuation management functions, and to any valuation of the consumer’s principal dwelling.
Generic communications have addressed specific EP issues and lessons learned from actual events. The following sections discuss key EP guidance documents affected by the EP issues addressed in this ISG. III.A NUREG-0654/FEMA-REP-1 Before publication of the final EP rule changes to 10 CFR Part 50 in 1980, the NRC and FEMA
Putin will act as president during the interim, giving him an even bigger advantage in the race for the presidency. CBS News Moscow Correspondent David Hawkins reports Putin has been the odds-on.
· Final Bank Capital Rules and Basel III Implementation. The OCC has indicated that it anticipates acting by July 9, 2013 to approve the Final Rules for publication. Yesterday, the FDIC provided notice that it will consider these rules, but as an interim final rule at its meeting on July 9, 2013.