§ 3339. Functions of Federal financial institutions regulatory agencies relating to appraisal standards
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/usc/title-12/section-3339A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each Federal financial institutions regulatory agency and the Resolution Trust Corporation shall prescribe appropriate standards for the performance of real estate appraisals in connection with federally related transactions under the jurisdiction of each such agency or instrumentality. These rules shall require, at a minimum—
(1)that real estate appraisals be performed in accordance with generally accepted appraisal standards as evidenced by the appraisal standards promulgated by the Appraisal Standards Board of the Appraisal Foundation;
(2)that such appraisals shall be written appraisals; and
(3)that such appraisals shall be subject to appropriate review for compliance with the Uniform Standards of Professional Appraisal Practice.
Each such agency or instrumentality may require compliance with additional standards if it makes a determination in writing that such additional standards are required in order to properly carry out its statutory responsibilities.
(Pub. L. 101–73, title XI, § 1110, Aug. 9, 1989, 103 Stat. 514; Pub. L. 111–203, title XIV, § 1473(e)(1), July 21, 2010, 124 Stat. 2191.)
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- Rules and RegulationsProposed rule; request for public comment
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- Rules and RegulationsNotice of proposed rulemaking and request for comment
- Rules and RegulationsFinal rule
- UnknownFinal rule
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- NoticesBoard of Governors of the Federal Reserve System
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- NoticesBoard of Governors of the Federal Reserve System
- UnknownFinal interagency guidance
- Rules and RegulationsFinal rule; official staff commentary
- NoticesSupplemental final rule; official staff commentary
- NoticesFinal rule
- Proposed RulesFinal rule
- NoticesBoard of Governors of the Federal Reserve System
- UnknownFinal rule
- NoticesFinal guidance
- NoticesNotice of proposed rulemaking; request for public comment
- Proposed RulesJoint notice of proposed rulemaking
- NoticesNotice, request for comment
- NoticesBoard of Governors of the Federal Reserve System
- Rules and RegulationsInterim final rule with request for comments
- Rules and RegulationsFinal rule
- Proposed RulesNotice of proposed rulemaking and request for comment
- NoticesNotice of proposed rulemaking and request for comment
- Proposed RulesProposed rule
statutes-at-large
- Public Law 101–73To reform, recapitalize, and consolidate the Federal deposit insurance system, to enhance the regulatory and enforcement powers of Federal financial institutions regulatory agencies, and for other purposes
- Public Law 115–174To promote economic growth, provide tailored regulatory relief, and enhance consumer protections, and for other purposes
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
statute-compilations
bill
- Sec. 5Enhanced energy efficiency underwriting valuation guidelines
- Sec. 5Enhanced energy efficiency underwriting valuation guidelines
- Sec. 4Exemption from appraisal standard requirements for lower-cost dwellings
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 5Access to Affordable Mortgages
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 433Enhanced energy efficiency underwriting
- Sec. 4323Enhanced energy efficiency underwriting
- Sec. 1503Enhanced energy efficiency underwriting valuation guidelines
- Sec. 423Enhanced energy efficiency underwriting
- Sec. 3Access to Affordable Mortgages
- Sec. 2Capital requirements for certain acquisition, development, or construction loans
- Sec. 2Capital requirements for certain acquisition, development, or construction loans
- Sec. 2Capital requirements for certain acquisition, development, or construction loans
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6 references not yet in our index
- Pub. L. 101–73, title XI, § 1110
- 103 Stat. 514
- Pub. L. 111–203, title XIV, § 1473(e)(1)
- 124 Stat. 2191
- Pub. L. 111–203
- section 1400(c) of Pub. L. 111–203
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§ 3339
Functions of Federal financial institutions regulatory agencies relating to appraisal standards
Fed. Reg.×76
Bills×28
C.F.R.×3
Stat. Comp.×3
Stat.×3
Pub. L.×1
U.S.C.×1
Pub. L.Pub. L. 101–73, title XI, § 1110
Stat.103 Stat. 514
Pub. L.Pub. L. 111–203, title XIV, § 1473(e)(1)
Stat.124 Stat. 2191
Pub. L.Pub. L. 111–203
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