{"abstract":"The OCC, Board, FDIC, NCUA, Bureau, and FHFA (collectively, the Agencies) are adopting a final rule to implement the minimum requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) to be applied by participating States in the registration and supervision of appraisal management companies (AMCs). The final rule also implements the minimum requirements in the Dodd-Frank Act for AMCs that are subsidiaries owned and controlled by an insured depository institution and regulated by a Federal financial institutions regulatory agency (Federally regulated AMCs). Under the final rule, these Federally regulated AMCs do not need to register with a State, but are subject to the same minimum requirements as State-regulated AMCs. The final rule also implements the requirement for States to report to the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) the information required by the ASC to administer the new national registry of AMCs (AMC National Registry). In conjunction with this implementation, the FDIC is integrating its appraisal regulations for State nonmember banks and State savings associations.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"},{"raw_name":"BUREAU OF CONSUMER FINANCIAL PROTECTION","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"},{"raw_name":"FEDERAL HOUSING FINANCE AGENCY","name":"Federal Housing Finance Agency","id":174,"url":"https://www.federalregister.gov/agencies/federal-housing-finance-agency","json_url":"https://www.federalregister.gov/api/v1/agencies/174","parent_id":null,"slug":"federal-housing-finance-agency"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2015/06/09/2015-12719.html","cfr_references":[{"chapter":null,"citation_url":null,"part":34,"title":12},{"chapter":null,"citation_url":null,"part":208,"title":12},{"chapter":null,"citation_url":null,"part":225,"title":12},{"chapter":null,"citation_url":null,"part":323,"title":12},{"chapter":null,"citation_url":null,"part":390,"title":12},{"chapter":null,"citation_url":null,"part":1026,"title":12},{"chapter":null,"citation_url":null,"part":1222,"title":12}],"citation":"80 FR 32658","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date. This final rule will become effective on August 10, 2015.","disposition_notes":null,"docket_ids":["Docket No. OCC-2014-0002","Docket No. R-1486"],"dockets":[],"document_number":"2015-12719","effective_on":"2015-08-10","end_page":32689,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2015/06/09/2015-12719.xml","html_url":"https://www.federalregister.gov/documents/2015/06/09/2015-12719/minimum-requirements-for-appraisal-management-companies","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2015-12719?publication_date=2015-06-09","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2015-06-09/2015-12719/mods.xml","not_received_for_publication":null,"page_length":32,"page_views":{"count":29671,"last_updated":"2026-07-27 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2015-06-09/pdf/2015-12719.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2015-12719.pdf?1433767519","publication_date":"2015-06-09","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2015/06/09/2015-12719.txt","regulation_id_number_info":{"7100-AE15":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/7100-AE15/regulations-h-and-y-minimum-requirements-for-appraisal-management-companies-docket-no-r-1486-","title":"Regulations H & Y--Minimum Requirements for Appraisal Management Companies (Docket No: R-1486)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=7100-AE15&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"3170-AA44":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/3170-AA44/amendments-to-firrea-concerning-appraisals","title":"Amendments to FIRREA Concerning Appraisals","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=3170-AA44&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"3064-AE10":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/3064-AE10/minimum-requirements-for-appraisal-management-companies","title":"Minimum Requirements for Appraisal Management Companies","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=3064-AE10&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"1557-AD64":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/1557-AD64/appraisal-management-companies-","title":"Appraisal Management Companies ","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=1557-AD64&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"2590-AA61":{"issue":"201504","html_url":"https://www.federalregister.gov/regulations/2590-AA61/minimum-requirements-for-appraisal-management-companies","title":"Minimum Requirements for Appraisal Management Companies","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201504&RIN=2590-AA61&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["1557-AD64","2590-AA61","3064-AE10","3170-AA44","7100-AE15"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2015-06-29T06:00:12Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":32658,"subtype":null,"title":"Minimum Requirements for Appraisal Management Companies","toc_doc":"Minimum Requirements for Appraisal Management Companies","toc_subject":null,"topics":["Accounting","Administrative practice and procedure","Advertising","Agriculture","Banks, banking","Confidential business information","Consumer protection","Credit","Credit unions","Crime","Currency","Government-sponsored enterprises","Holding companies","Insurance","Investments","Mortgages","Reporting and recordkeeping requirements","Savings associations","Securities"],"type":"Rule","volume":80}