Federal Financial Institutions Examination Council – Federal Register Recent Federal Regulation Documents

Appraisal Subcommittee Notice of Meeting
Document Number: 2019-26045
Type: Notice
Date: 2019-12-02
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Termination of Residential Temporary Waiver Relief
Document Number: 2019-26030
Type: Notice
Date: 2019-12-02
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) is providing notice of termination of temporary waiver relief of appraiser credentialing requirements for appraisals of federally related transactions (FRTs) under $500,000 for 1-to-4 family residential real estate transactions throughout the State of North Dakota which was granted by Order for a period of one year pursuant to section 1119(b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended (Title XI) and the rules promulgated thereunder. The Order provided that the temporary waiver for residential real estate transactions would terminate 60 days after the effective date of a final rule issued by the federal banking agencies increasing the appraisal exemption threshold limit for residential real estate transactions. The federal banking agencies issued a final rule that increased the appraisal exemption threshold for residential real estate transactions with an effective date of October 9, 2019. The Order specified that the temporary waiver for residential real estate transactions will terminate 60 days after the effective date of that rule, which will occur on December 8, 2019.
Appraisal Subcommittee Notice of Meeting
Document Number: 2019-24050
Type: Notice
Date: 2019-11-04
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2019-17719
Type: Notice
Date: 2019-08-19
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Final Order Granting in Part Temporary Waiver Relief
Document Number: 2019-16908
Type: Notice
Date: 2019-08-07
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the FFIEC is issuing a final order pursuant to section 1119(b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended (Title XI) and the rules promulgated thereunder. This order grants in part, with specified terms and conditions, and with the FFIEC concurrence, a request for temporary waiver relief received from Governor Doug Burgum, State of North Dakota, the North Dakota Department of Financial Institutions, and the North Dakota Bankers Association, notice of which was published in the Federal Register on May 30, 2019.
Appraisal Subcommittee Notice of Meeting
Document Number: 2019-13912
Type: Notice
Date: 2019-06-28
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Received Request for a Temporary Waiver
Document Number: 2019-11282
Type: Notice
Date: 2019-05-30
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) has received a request for a temporary waiver of appraiser certification or licensing requirements pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act, and the rules promulgated thereunder. The ASC is requesting comment (including written data, views and arguments) on the received request.
Appraisal Subcommittee Notice of Meeting
Document Number: 2019-08597
Type: Notice
Date: 2019-04-29
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Special Meeting
Document Number: 2019-07923
Type: Notice
Date: 2019-04-19
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Meeting
Document Number: 2019-00668
Type: Notice
Date: 2019-02-01
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Appraiser Regulation
Document Number: 2018-18566
Type: Rule
Date: 2018-08-28
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The ASC is adopting nonsubstantive amendments to its regulations. The amendments correct the street address for the ASC's office, which will be moved October 1, 2018, from 1401 H Street NW, Suite 760, Washington, DC 20005, to 1325 G Street NW, Suite 500, Washington, DC 20005.
Appraisal Subcommittee; Notice of Meeting
Document Number: 2018-17869
Type: Notice
Date: 2018-08-20
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Interagency Coordination of Formal Corrective Action by the Federal Bank Regulatory Agencies; Rescission of Policy Statement
Document Number: 2018-12557
Type: Notice
Date: 2018-06-12
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The FFIEC is rescinding its policy statement titled ``Interagency Coordination of Formal Corrective Action by the Federal Bank Regulatory Agencies'' that was issued on February 20, 1997 (the ``1997 Policy Statement''). This action is being coordinated with the publication of a new policy statement in the Federal Register by the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), which reflects the current practices of the federal banking agencies with respect to the coordination of formal enforcement actions against federally regulated financial institutions and institution-affiliated parties.
Appraisal Subcommittee Notice of Meeting
Document Number: 2018-12052
Type: Notice
Date: 2018-06-05
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Agency Information Collection Activities: Proposed Information Collection; Submission for OMB Review
Document Number: 2018-10327
Type: Notice
Date: 2018-05-15
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The ASC, as part of continuing efforts to reduce paperwork and respondent burden, invites the general public, and State and Federal agencies to take this opportunity to comment on a new proposed information collection as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. The ASC is soliciting comment concerning its information collection titled ``Reporting information for the AMC Registry.''
Final Order Denying Temporary Waiver Relief
Document Number: 2018-09419
Type: Notice
Date: 2018-05-03
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) is issuing a final order denying temporary waiver relief pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended. This order denies a request for temporary waiver relief received from TriStar Bank, notice of which was published in the Federal Register on March 9, 2018.
Appraisal Subcommittee; Notice of Meeting
Document Number: 2018-09214
Type: Notice
Date: 2018-05-02
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2018-07512
Type: Notice
Date: 2018-04-11
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Received Request for a Temporary Waiver
Document Number: 2018-04756
Type: Notice
Date: 2018-03-09
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) has received a request for a temporary waiver of appraiser certification or licensing requirements pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act, and the rules promulgated thereunder. The ASC is requesting comment (including written data, views and arguments) on the received request.
Appraisal Subcommittee; Revised ASC Policy Statements
Document Number: 2018-04410
Type: Rule
Date: 2018-03-05
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council is adopting revised ASC Policy Statements. The ASC Policy Statements provide guidance to ensure State appraiser certifying and licensing agencies comply with Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, and the rules promulgated thereunder. The revised ASC Policy Statements supersede the current ASC Policy Statements.
Appraisal Subcommittee; Notice of Meeting
Document Number: 2018-02247
Type: Notice
Date: 2018-02-05
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Agency Information Collection Activities: Proposed Information Collection; Comment Request
Document Number: 2018-01571
Type: Notice
Date: 2018-01-29
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The ASC, as part of continuing efforts to reduce paperwork and respondent burden, invites the general public, and State and Federal agencies to take this opportunity to comment on a new proposed information collection. Under the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid control number issued by the Office of Management and Budget. The ASC is soliciting comment concerning a proposed collection method entitled ``Reporting information for the AMC Registry.''
Notice of Amendment to ASC Rules of Operation Governing Frequency of Regular Meetings of the Appraisal Subcommittee
Document Number: 2017-27513
Type: Notice
Date: 2017-12-21
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council is amending section 3.06(e) of the ASC Rules of Operation, which addresses the scheduling of regular Meetings of the ASC. As amended, the ASC will meet at least quarterly instead of every two months (bi-monthly).
Appraisal Subcommittee Notice of Meeting
Document Number: 2017-23533
Type: Notice
Date: 2017-10-30
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Description of Office, Procedures, and Public Information
Document Number: 2017-21050
Type: Rule
Date: 2017-10-02
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Federal Financial Institutions Examination Council (FFIEC or Council) is adopting as a final rule the interim final rule published July 3, 2017. The interim final rule announced revisions and additions to the Council's information disclosure regulations under the Freedom of Information Act (FOIA Regulations). The interim final rule also replaced the interim final rule published on December 27, 2016. The revisions in the interim final rule implement recent statutory amendments to the FOIA that are mandated by the FOIA Improvement Act of 2016, as well as update the language of the Council's regulations to more closely mirror the language of the FOIA and to reflect the Council's current FOIA procedures.
Collection and Transmission of Annual AMC Registry Fees
Document Number: 2017-20400
Type: Rule
Date: 2017-09-25
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The ASC is adopting a final rule to implement collection and transmission of appraisal management company (AMC) annual registry fees in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd- Frank Act) to be applied by State appraiser certifying and licensing agencies that elect to register and supervise AMCs, pursuant to 12 U.S.C. 3353 and the regulations promulgated thereunder.
Appraisal Subcommittee; Proposed Revised Policy Statements
Document Number: 2017-19998
Type: Notice
Date: 2017-09-20
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council requests public comment on a proposal to revise ASC Policy Statements (proposed Policy Statements). The proposed Policy Statements provide guidance to ensure State appraiser regulatory programs comply with Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, and the rules promulgated thereunder. The proposed Policy Statements would supersede the current ASC Policy Statements. The ASC previously published the Proposed Revised Policy Statements on January 10, 2017, under Docket Number AS17-01. The comment period was scheduled to close on April 10, 2017. The ASC suspended the comment period in response to the White House Chief of Staff Memorandum titled Regulatory Freeze Pending Review, signed on January 20, 2017, pending review by the Office of Management and Budget (OMB). Technical edits for clarification have been made to the proposed Policy Statements since the initial publication, which are addressed below in Supplementary Information, section III, Statement-by-Statement.
Appraisal Subcommittee; Notice of Meeting
Document Number: 2017-18725
Type: Notice
Date: 2017-09-05
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Description of Office, Procedures, and Public Information; Correction
Document Number: 2017-13723
Type: Rule
Date: 2017-07-03
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Federal Financial Institutions Examination Council (FFIEC or Council) is correcting an interim final rule announcing revisions and additions to its information disclosure regulations under the Freedom of Information Act (FOIA Regulations). This interim final rule replaces the interim final rule published in the Federal Register on December 27, 2016. The Council invites comments on this interim final rule revising its regulations implementing the Freedom of Information Act (FOIA). These revisions implement recent statutory amendments to the FOIA that are mandated by the FOIA Improvement Act of 2016, as well as update the language of the Council's regulations to more closely mirror the language of the FOIA and to reflect the Council's current FOIA procedures. This interim final rule also corrects three typographical errors that occurred when the Council's FOIA Regulations were last amended by a final rule appearing in the Federal Register on November 22, 2010.
Appraisal Subcommittee Notice of Meeting
Document Number: 2017-08709
Type: Notice
Date: 2017-05-01
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Proposed Revised Policy Statements
Document Number: 2017-06596
Type: Notice
Date: 2017-04-04
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC) is suspending the public comment period for the Proposed Revised Policy Statements effective April 4, 2017. The ASC published the Proposed Revised Policy Statements on January 10, 2017, under Docket Number AS17-01. The comment period was scheduled to close on April 10, 2017. The suspension of the comment period will allow the President's appointees the opportunity to review and consider this action.
Joint Report to Congress: Economic Growth and Regulatory Paperwork Reduction Act
Document Number: 2017-06131
Type: Notice
Date: 2017-03-30
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Pursuant to section 2222 of the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA), the Federal Financial Institutions Examination Council (FFIEC) is publishing a report entitled ``Joint Report to Congress, March 2017, Economic Growth and Regulatory Paperwork Reduction Act'' prepared by four of its constituent agencies: The Board of Governors of the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Association (NCUA).
Description of Office, Procedures, and Public Information
Document Number: 2016-30696
Type: Rule
Date: 2016-12-27
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Federal Financial Institutions Examination Council (FFIEC or Council), on behalf of its members, is amending its regulations to incorporate changes to the Freedom of Information Act (FOIA). This interim final rule reflects the required changes necessitated by the FOIA Improvement Act of 2016 (Act) consisting of extending the deadline for administrative appeals, including information on dispute resolution services, and amends parts of the fee determination. This interim final rule also corrects a duplicate entry that occurred in the 2010 update of the regulations. The Council has reviewed the proposed regulations and adopt them in this interim final rule.
Uniform Interagency Consumer Compliance Rating System
Document Number: 2016-27226
Type: Notice
Date: 2016-11-14
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, is revising the Uniform Interagency Consumer Compliance Rating System, more commonly known as the CC Rating System. The agencies comprising the FFIEC are the Board of Governors of the Federal Reserve System (FRB), the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the State Liaison Committee (SLC) (Agencies). The FFIEC promotes compliance with federal consumer protection laws and regulations through each agency's supervisory and outreach programs. The CC Rating System revisions reflect the regulatory, examination (supervisory), technological, and market changes that have occurred in the years since the original rating system was established in 1980. The revisions are designed to better reflect current consumer compliance supervisory approaches and to more fully align the CC Rating System with the Agencies' current risk-based, tailored examination processes. The CC Rating System is being published after consideration of comments received from the public.
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-26346
Type: Notice
Date: 2016-11-01
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Meeting
Document Number: 2016-21367
Type: Notice
Date: 2016-09-07
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Notice of Availability of Home Mortgage Disclosure Act (HMDA) Filing Instructions Guides for HMDA Data Collected in 2017 and 2018; Correction
Document Number: 2016-18905
Type: Notice
Date: 2016-08-10
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The FFIEC published a notice in the Federal Register on July 21, 2016, announcing the availability of the Filing Instructions Guide (FIG) for Home Mortgage Disclosure Act (HMDA) data collected in 2017 and the Filing Instructions Guide for Home Mortgage Disclosure Act data collected in 2018. The FIGs provide a compendium of resources to help covered financial institutions file with the Bureau of Consumer Financial Protection (Bureau) HMDA data collected in 2017 and 2018. This notice corrects the telephone number, listed in the FOR FURTHER INFORMATION CONTACT section, from (855) 438-2372 to (202) 435-9888.
Notice of Availability of Home Mortgage Disclosure Act (HMDA) Filing Instructions Guides for HMDA Data Collected in 2017 and 2018
Document Number: 2016-17234
Type: Notice
Date: 2016-07-21
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The FFIEC announces the availability of the Filing Instructions Guide (FIG) for Home Mortgage Disclosure Act (HMDA) data collected in 2017 and the Filing Instructions Guide for Home Mortgage Disclosure Act data collected in 2018. The FIGs provide a compendium of resources to help covered financial institutions file with the Bureau of Consumer Financial Protection (Bureau) HMDA data collected in 2017 and 2018.
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-15672
Type: Notice
Date: 2016-07-01
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee; Notice of Proposed Rulemaking To Implement Collection and Transmission of Annual AMC Registry Fees
Document Number: 2016-11914
Type: Proposed Rule
Date: 2016-05-20
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC) is proposing a rule pursuant to authority granted in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) to implement collection and transmission of appraisal management company (AMC) annual registry fees by State appraiser certifying and licensing agencies that elect to register and supervise AMCs. The ASC requests comment on all aspects of this Notice.
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-10292
Type: Notice
Date: 2016-05-03
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Uniform Interagency Consumer Compliance Rating System
Document Number: 2016-10289
Type: Notice
Date: 2016-05-03
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Pursuant to 12 U.S.C. 3301, the Federal Financial Institutions Examination Council (FFIEC), established in 1979, is a formal interagency body empowered to prescribe principles and standards for the federal examination of financial institutions and to make recommendations to promote consistency and coordination in the supervision of institutions. The six members of the FFIEC represent the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), the State Liaison Committee (SLC), and the Consumer Financial Protection Bureau (CFPB) (Agencies). The FFIEC promotes compliance with federal consumer protection laws and regulations through each agency's supervisory and outreach programs. Through compliance supervision, the FFIEC Agencies determine whether an institution is meeting its responsibility to comply with applicable requirements. The FFIEC requests comment on a proposal to revise the Uniform Interagency Consumer Compliance Rating System, more commonly known as the ``CC Rating System,'' to reflect the regulatory, examination (supervisory), technological, and market changes that have occurred in the years since the current rating system was established. The FFIEC is proposing to revise the existing CC Rating System to better reflect current consumer compliance supervisory approaches. The revisions are designed to more fully align the rating system with the FFIEC Agencies' current risk-based, tailored examination approaches. The proposed revisions to the CC Rating System were not developed to set new or higher supervisory expectations for financial institutions and their adoption will represent no additional regulatory burden. The proposed revisions emphasize the importance of institutions' compliance management systems (CMS), in particular, risk control processes designed to manage consumer compliance risk which are needed to support compliance and prevent consumer harm. The CC Rating System has provided a general framework for evaluating compliance factors in order to assign a consumer compliance rating to each federally regulated financial institution.\1\
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-04376
Type: Notice
Date: 2016-02-29
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-04367
Type: Notice
Date: 2016-02-29
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-02628
Type: Notice
Date: 2016-02-10
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2016-02626
Type: Notice
Date: 2016-02-10
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice Of Meeting
Document Number: 2015-27283
Type: Notice
Date: 2015-10-27
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Appraisal Subcommittee Notice of Meeting
Document Number: 2015-10467
Type: Notice
Date: 2015-05-05
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
Meeting of the Appraisal Subcommittee Advisory Committee for Development of Regulations
Document Number: 2015-00422
Type: Notice
Date: 2015-01-14
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions
The Appraisal Subcommittee Advisory Committee for Development of Regulations (ASCAC or Committee) will meet in open session on Thursday, February 12, 2015, from 9:00 a.m. to 5:00 p.m. and Friday, February 13, 2015, from 9:00 a.m. to 5:00 p.m. All times are in the Eastern time zone. The primary purpose of this meeting is to continue discussion on potential recommendations to the ASC regarding Temporary Practice, National Registries (Appraisers and Appraisal Management Companies), Information Sharing and Enforcement. The final agenda will be posted on the ASC Web site at https://www.asc.gov.
Appraisal Subcommittee Notice of Meeting
Document Number: 2014-30939
Type: Notice
Date: 2015-01-06
Agency: Federal Financial Institutions Examination Council, Agencies and Commissions