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Tag Archives: appraisal compliance

Inter Agencies Interim Rule on Deferring Appraisals…and Why You Shouldn’t!

April 17, 2020

Don't Defer Appraisals or Valuations to Tomorrow! They Can Still Be Done in Today's Market!

  On April 14th, the federal banking agencies issued a final interim rule allowing lenders to defer appraisals. But why take unnecessary risk during this crisis by deferring appraisals when Accurate Group has a solution for any inspection assignment?

The best solution, under current... Read more

Appraisal Threshold Increase Passes

October 2, 2019

The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency have adopted a final rule increasing the FIRREA threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000, effective October 9, 2019.

The Choice is Yours

How do you want to leverage technology now that you have access to a... Read more

The FIRREA Appraisal Threshold Debate: Are You Ready?

February 5, 2019

As regulators work toward a decision on whether to increase the threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000, many lenders and appraisers alike are wondering whether they are prepared, whatever happens. For lenders, a higher threshold will offer more flexibility on the type of appraisal products they use. They stand to... Read more