Washington Report

Advocacy Updates from Washington D.C.

The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Advocacy Group policy staff. To receive this content via email, subscribe to NAR's Weekly Report newsletter and check the "legislative & regulatory issues" box.

Recent

The Federal Housing Finance Agency (FHFA) published a working paper entitled "Are Appraisal Management Companies Value-Adding? – Stylized Facts from AMC and Non-AMC Appraisals." The paper compared efficacy of appraisal management company (AMC) appraisals vs. non-AMC appraisals.
The Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve System (collectively the Federal Banking Agencies) issued a final rule increasing the appraisal threshold for commercial real estate Federally Related Transactions from $250,000 to $500,000, $100,000 more than the increase in the 2017 proposed rule.

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