On April 14th, three federal financial institution regulatory agencies issued a rule change that will allow appraisals on properties to be deferred for up to 120 days during the COVID-19 national emergency. The FRB, FDIC, and OCC issued the rule change, which will be in effect until December 31, 2020 unless extended. It is important to note that this rule …
Read More »Federal Agencies Issue Rule Change Deferring Appraisals During COVID-19 National Emergency
