skip to main navigation skip to secondary navigation skip to content
Board of Governors of the Federal Reserve System
skip secondary navigation
Federal Reserve Board of Governors

August Developments

Current   |  Archive:

August 27, 2012

August 20, 2012

August 15, 2012

  • Agencies issue proposed rule on appraisals for higher-risk mortgages
    Interagency proposal to establish new appraisal requirements for "higher-risk mortgage loans." For mortgages with an annual percentage rate that exceeds the average prime offer rate by a specified percentage, the proposed rule would require creditors to obtain an appraisal or appraisals meeting certain specified standards, provide applicants with a notification regarding the use of the appraisals, and give applicants a copy of the written appraisals used.
    Comments: Submit | View

August 13, 2012

August 8, 2012

Last update: March 16, 2017