225.14 Expedited action for certain bank acquisitions by well-run bank holding companies. Sec. review appraisal of nonresidential properties with a transaction value or market value as defined by the Uniform Standards of Professional Appraisal Practice up to $250,000, whichever is the lesser. 225.142 Statement of policy concerning bank holding companies engaging in futures, forward and options contracts on U.S. Government and agency securities and money market instruments. (15) The transaction is exempted from the appraisal requirement pursuant to the rural residential exemption under 12 U.S.C. ... Subpart G--Appraisal Standards for Federally Related Transactions; Sec. 225.102 Bank holding company indirectly owning nonbanking company through subsidiaries. Sec. 225.73 Procedures for filing, processing, and acting on notices; standards for disapproval; waiver of notice. Sec. Looking for effective, convenient training on a particular subject. 225.25 Hearings, alteration of activities, and other matters. Periodic updates to these Standards are posted to the Business Valuation Committee’s website www.bvappraisers.org. 225.141 Operations subsidiaries of a bank holding company. Subpart G - Appraisal Standards for Federally Related Transactions. Sec. In 2013, in keeping with its historic role, as well as in recognition of the limitations of many valuation standards currently in existence, the Appraisal Institute Board of Directors directed the development of high quality, straightforward, principle-based standards that could be used where existing standards are not already required or do not apply. regulations governing the conduct, appearance and performance of employees. 225.109 ``Services'' under section 4(c)(1) of Bank Holding Company Act. 225.13 Factors considered in acting on bank acquisition proposals. Sec. Sec. 225.24 Procedures for other nonbanking proposals. Sec. Sec. 225.112 Indirect control of small business concern through convertible debentures held by small business investment company. 225.93 What are the consequences of a foreign bank failing to continue to meet applicable capital and management requirements? Sec. Reg Letter: Y. 225.123 Activities closely related to banking. This act included provisions to regulate appraisal. § 225.62 Definitions. Section 1002.14 covers applications for credit to be secured by a first lien on a dwelling, as that term is defined in § 1002.14(b)(2), whether the credit is for a business purpose (for example, a loan to start a business) or a consumer purpose (for example, a loan to purchase a home). Issuing Agency: FRB. 225.171 What are the limitations on managing or operating a portfolio company held as a merchant banking investment? Sec. Sec. 225.42 Transactions not requiring prior notice. Sec. Sec. Sec. 2021 Operations Compliance Triage Conference, 2021 Lending Compliance Triage Conference. The survey looked into teachers’ awareness of the new Teachers’ Standards, and their views on appraisal regulations and pay reform. "Classroom hour" means 50 minutes out of each 60-minute segment. Sec. 225.82 How does a company elect to become a financial holding company? Subpart K – Proprietary Trading and Relationships with Hedge Fund and Private Equity Funds. The completion of appraisals and evaluations required under paragraphs (a) and (b) of this section may be deferred up to 120 days from the date of closing. 225.89 How to request approval to engage in an activity that is complementary to a financial activity? Subpart C--Nonbanking Activities and Acquisitions by Bank Holding Companies. 225.81 What is a financial holding company? Sec. § 2603 - Uniform settlement statement (Real Estate Settlement and Procedures Act) 225.134 Escrow arrangements involving bank stock resulting in a violation of the Bank Holding Company Act. Sec. Sec. The term “construction” as used in this paragraph (f)(2) includes not only construction of new structures, but also additions or alterations to existing structures and the demolition of existing structures to make way for new structures. Currently, standards in the appraisal industry are set by the Appraisal Foundation, a body that was created in the 1980s by Congress, but the foundation does not directly regulate appraisers. 3331-3351). (e) Transactions requiring either a State certified or licensed appraiser. Employees should be encouraged to use it. Federal banking regulators established the threshold for requiring an appraisal for federally related loans, and the states created appraisal boards to … 225.94 What are the consequences of an insured branch or depository institution failing to maintain a satisfactory or better rating under the Community Reinvestment Act? Sec. (B) The on-site construction of industrial, commercial, residential, or farm buildings; (ii) Loans secured by vacant land (except land known to be used or usable for agricultural purposes); (iii) Loans secured by real estate to acquire and improve developed or undeveloped property; and. 225.26 Factors considered in acting on nonbanking proposals. Also requires that the value of security shall be determined by appraisal under standards prescribed by the bank in accordance with regulations of the Farm Credit Administration. The prescribed See Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Public Law 101-73, 103 Stat. 225.138 Statement of policy concerning divestitures by bank holding companies. The Board believed that such standards should est… 225.118 Computer services for customers of subsidiary banks. These FAQs should be reviewed in conjunction with the FDIC's appraisal regulations, the real estate lending standards, the Interagency Appraisal and Evaluation Guidelines, the Interagency Advisory on the Use of Evaluations in Real Estate-Related Financial Transactions, and other regulations and advisories related to appraisals and evaluations. 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