Interagency Appraisal and Evaluation Guidelines definition

Interagency Appraisal and Evaluation Guidelines means the guidelines published as Interagency Appraisal and Evaluation Guidelines, 75 Fed. Reg. 77,450 (Dec. 10, 2010), and all amendments or updates thereto.
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Examples of Interagency Appraisal and Evaluation Guidelines in a sentence

  • Such assessment must be rendered in accordance with the Interagency Appraisal and Evaluation Guidelines (as if such guidelines apply to loan modifications).

  • Third Party Originator has provided an appraisal complying with the Guide, Manual, the Agency Guide, the Appraiser Independence requirements, and applicable law (such as but not limited to the Interagency Appraisal and Evaluation Guidelines and Regulation B, and any successor or additional guidance or regulation thereto), and applicable government sponsored entity standards as expressed in their respective selling guides.

  • Purpose The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and the National Credit Union Administration (NCUA) (the Agencies) are jointly issuing these Interagency Appraisal and Evaluation Guidelines (Guidelines), which supersede the 1994 Interagency Appraisal and Evaluation Guidelines.

  • For more information on regulatory expectations related to the use of appraisals and evaluations, see the Interagency Appraisal and Evaluation Guidelines published on December 10, 2010.

  • It also conforms to Title XI Regulations and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) updated in 1994 and further updated by the Interagency Appraisal and Evaluation Guidelines of 2010.

  • OCC: Comptroller’s Handbook, Commercial Real Estate and Construction Lending (1998) (Appendix E); FRB: 1994 Interagency Appraisal and Evaluation Guidelines (SR letter 94-55); FDIC: FIL-74-94; and OTS: 1994 Interagency Appraisal and Evaluation Guidelines (Thrift Bulletin 55a).

  • The Company expects to use appropriate financing and hedging strategies to manage interest and exchange rate volatility.

  • The following guidance documents have been incorporated in the Guidelines and are now being rescinded: (1) the 1994 Interagency Appraisal and Evaluation Guidelines; (2) the 2003 Interagency Statement on Independent Appraisal and Evaluation Functions; and (3) the Interagency Statement on the 2006 Revisions to the Uniform Standards of Professional Appraisal Practice.

  • In response to these developments, the Agencies published for comment the Proposed Interagency Appraisal and Evaluation Guidelines (Proposal) on November 19, 2008.8 After considering the comments on the Proposal, the Agencies made revisions to the Proposal and are now issuing the Guidelines.

  • OCC: 12 CFR 34.43 and 164.3; Board: 12CFR 225.63; FDIC: 12 CFR 323.3; NCUA: 12 CFR722.3. See also OCC, Board, FDIC, NCUA, Interagency Appraisal and Evaluation Guidelines, App.

Related to Interagency Appraisal and Evaluation Guidelines

  • Cathodic protection tester means a person who can demonstrate an understanding of the principles and measurements of all common types of cathodic protection systems as applied to buried or submerged metal piping and tank systems. At a minimum, such persons must have education and experience in soil resistivity, stray current, structure-to-soil potential, and component electrical isolation measurements of buried metal piping and tank systems.

  • FIRREA The Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Free appropriate public education (FAPE) means special education and related services that:

  • Risk-Based Capital Guidelines means (i) the risk-based capital guidelines in effect in the United States on the date of this Agreement, including transition rules, and (ii) the corresponding capital regulations promulgated by regulatory authorities outside the United States implementing the July 1988 report of the Basle Committee on Banking Regulation and Supervisory Practices Entitled "International Convergence of Capital Measurements and Capital Standards," including transition rules, and any amendments to such regulations adopted prior to the date of this Agreement.