March 22, 2017 – After about 2 years, FFIEC has finally published their report that includes dealing with appraisal issues.
The link is below. Pages 28 to 40 deal with appraisal issues. Albeit, appraisals are discussed a bit in a few other places. As noted, these are NOT final and official changes.
In general, if the proposal does not change, this is a big win for appraisers. The small increase in a single threshold will not have a major affect on appraisal volume.
https://www.occ.gov/news-issuances/news-releases/2017/nr-ia-2017-33a.pdf?utm_campaign=ABA-Newsbytes-032217-HTML&utm_medium=email&utm_source=Eloqua