Notice of Agreement Filed, 69662 [E8-27498]
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69662
Federal Register / Vol. 73, No. 224 / Wednesday, November 19, 2008 / Notices
must, if such information is available to
the appraiser in the normal course of
business, analyze: (1) All current
agreements of sale, options, and listings
of the subject property as of the effective
date of the appraisal, and (2) all sales of
the subject property that occurred
within three years prior to the effective
date of the appraisal.
Scope of Work—According to USPAP
Scope of Work Rule, the type and extent
of research and analyses in an appraisal
assignment. (See the Scope of Work
Rule in USPAP.)
Self-Contained Appraisal Report—
According to USPAP Standards Rule 2–
2(a), a self-contained appraisal report
‘‘describes’’ all information significant
to the solution of an appraisal problem
and should include all significant data
reported in comprehensive detail.
Sum of Retail Sales—A collateral
valuation method for estimating a value
of several properties based on the sum
of the sales price of each property to an
individual purchaser. The sum of retail
sales is not the market value for
purposes of meeting the minimum
appraisal standards in the Agencies’
appraisal regulations.
Summary Appraisal Report—
According to USPAP Standards Rule 2–
2(b), the summary appraisal report
‘‘summarizes’’ all information
significant to the solution of an
appraisal problem and should include
all significant data reported in a tabular
or abbreviated format.
Tract Development—As defined in
the Agencies’ appraisal regulations, a
project of five units or more that is
constructed or is to be constructed as a
single development. For purposes of
these Guidelines, ‘‘unit’’ refers to: A
residential building lot, a detached
single-family home, an attached singlefamily home, and a residence in a
condominium building.
Transaction Value—As defined in the
Agencies’ appraisal regulations:
• For loans or other extensions of
credit, the amount of the loan or
extension of credit;
• For sales, leases, purchases, and
investments in or exchanges of real
property, the market value of the real
property interest involved; and
• For the pooling of loans or interests
in real property for resale or purchase,
the amount of the loan or market value
of the real property calculated with
respect to each such loan or interest in
real property.
For loans that permit negative
amortization, the transaction value
should be the institution’s total
committed amount, including any
potential negative amortization.
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If an institution enters into a
transaction that is secured by several
individual properties that are not part of
a tract development and that have a
value equal to or less than the appraisal
threshold, the estimate of value of each
individual property should determine
whether an appraisal or evaluation
would be required on each property in
the collateral pool.
Uniform Standards of Professional
Appraisal Practice (USPAP)—USPAP
identifies the minimum set of standards
that apply in all appraisal, appraisal
review, and appraisal consulting
assignments. These standards are
promulgated by the Appraisal Standards
Board of the Appraisal Foundation and
are incorporated as a minimum
appraisal standard in the Agencies’
appraisal regulations.
Value (of Collateral for Use in
Determining Loan-to-Value)—According
to the Agencies’ real estate lending
standards guidelines, the term ‘‘value’’
means an opinion or estimate set forth
in an appraisal or evaluation, whichever
may be appropriate, of the market value
of real property, prepared in accordance
with the Agencies’ appraisal regulations
and these Guidelines. For loans to
purchase an existing property, ‘‘value’’
means the lesser of the actual
acquisition cost or the estimate of value.
DATE & TIME: Thursday, November 20,
2008 at 10 a.m.
PLACE: 999 E Street, NW., Washington,
DC (Ninth Floor).
STATUS: This Meeting Will Be Open To
The Public.
ITEMS TO BE DISCUSSED: Correction and
Approval of Minutes.
Draft Advisory Opinion 2008–16:
Libertarian Party of Colorado, by Leah
Kelley, Treasurer.
Management and Administrative
Matters.
PERSON TO CONTACT FOR INFORMATION:
Robert Biersack, Press Officer,
Telephone: (202) 694–1220.
Individuals who plan to attend and
require special assistance, such as sign
language interpretation or other
reasonable accommodations, should
contact Mary Dove, Commission
Secretary, at (202)694–1040, at least 72
hours prior to the hearing date.
Dated: October 10, 2008.
John C. Dugan,
Comptroller of the Currency.
The Commission hereby gives notice
of the filing of the following agreement
under the Shipping Act of 1984.
Interested parties may submit comments
on agreements to the Secretary, Federal
Maritime Commission, Washington, DC
20573, within ten days of the date this
notice appears in the Federal Register.
Copies of agreements are available
through the Commission’s Web site
(https://www.fmc.gov) or contacting the
Office of Agreements at (202) 523–5793
or tradeanalysis@fmc.gov.
Agreement No.: 011117–047.
Title: United States/Australasia
Discussion Agreement.
Parties: A.P. Moller-Maersk A/S; ANL
Singapore Pte Ltd.; CMA–CGM;
Compagnie Maritime Marfret S.A.;
¨
Hamburg-Sud; and Hapag-Lloyd AG.
Filing Party: Wayne R. Rohde, Esq.;
Sher & Blackwell LLP; 1850 M Street,
NW; Suite 900; Washington, DC 20036.
Synopsis: The amendment deletes
Wallenius Wilhemsen Logistics AS as a
party to the agreement effective
November 22, 2008.
By order of the Board of Governors of the
Federal Reserve System, November 12, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
Dated at Washington, DC, the 13th day of
November, 2008.
By order of the Federal Deposit Insurance
Corporation.
Robert E. Feldman,
Executive Secretary.
Dated: October 29, 2008.
By the Office of Thrift Supervision.
John M. Reich,
Director.
Dated: November 7, 2008.
By the National Credit Union
Administration Board.
Hattie M. Ulan,
Acting Secretary of the Board.
[FR Doc. E8–27401 Filed 11–18–08; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P;
6720–01–P; 7535–01–P
FEDERAL ELECTION COMMISSION
Sunshine Act Notices
AGENCY:
PO 00000
Federal Election Commission.
Frm 00064
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Mary W. Dove,
Secretary of the Commission.
[FR Doc. E8–27380 Filed 11–18–08; 8:45 am]
BILLING CODE 6715–01–M
FEDERAL MARITIME COMMISSION
Notice of Agreement Filed
By the Commission.
Dated: November 14, 2008.
Karen V. Gregory,
Secretary.
[FR Doc. E8–27498 Filed 11–18–08; 8:45 am]
BILLING CODE 6730–01–P
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[Federal Register Volume 73, Number 224 (Wednesday, November 19, 2008)]
[Notices]
[Page 69662]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-27498]
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FEDERAL MARITIME COMMISSION
Notice of Agreement Filed
The Commission hereby gives notice of the filing of the following
agreement under the Shipping Act of 1984. Interested parties may submit
comments on agreements to the Secretary, Federal Maritime Commission,
Washington, DC 20573, within ten days of the date this notice appears
in the Federal Register. Copies of agreements are available through the
Commission's Web site (https://www.fmc.gov) or contacting the Office of
Agreements at (202) 523-5793 or tradeanalysis@fmc.gov.
Agreement No.: 011117-047.
Title: United States/Australasia Discussion Agreement.
Parties: A.P. Moller-Maersk A/S; ANL Singapore Pte Ltd.; CMA-CGM;
Compagnie Maritime Marfret S.A.; Hamburg-S[uuml]d; and Hapag-Lloyd AG.
Filing Party: Wayne R. Rohde, Esq.; Sher & Blackwell LLP; 1850 M
Street, NW; Suite 900; Washington, DC 20036.
Synopsis: The amendment deletes Wallenius Wilhemsen Logistics AS as
a party to the agreement effective November 22, 2008.
By the Commission.
Dated: November 14, 2008.
Karen V. Gregory,
Secretary.
[FR Doc. E8-27498 Filed 11-18-08; 8:45 am]
BILLING CODE 6730-01-P
