The NCUA and six other agencies are proposing a rule that wouldimplement minimum requirements for state oversight of appraisalmanagement companies.
The NCUA introduced the proposal at the agency's monthly boardmeeting on Thursday.
The requirements, which are part of the Dodd Frank Wall Street Reform and Consumer Protection Act,“would apply to states that elect to establish an appraisercertifying and licensing agency with the authority to register andsupervise AMCs.”
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